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CONDENSED STATEMENTS OF EARNINGS - USD ($)
3 Months Ended 9 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Nov. 30, 2020
Nov. 30, 2019
NET REVENUES $ 66,750,300 $ 40,824,600 $ 164,292,100 $ 92,850,000
COST OF GOODS SOLD 19,597,800 13,279,900 48,302,800 30,382,500
Gross margin 47,152,500 27,544,700 115,989,300 62,467,500
OPERATING EXPENSES        
Operating and selling 11,616,200 6,513,500 28,488,300 15,089,900
Sales commissions 22,960,300 13,008,600 56,865,200 28,804,700
General and administrative 7,082,200 4,373,500 17,282,200 12,029,300
Total operating expenses 41,658,700 23,895,600 102,635,700 55,923,900
INTEREST EXPENSE 119,300 216,500 441,500 691,000
OTHER INCOME (399,800) (403,100) (1,305,600) (1,196,300)
EARNINGS BEFORE INCOME TAXES 5,774,300 3,835,700 14,217,700 7,048,900
INCOME TAXES 1,504,700 1,099,900 3,762,000 1,941,900
NET EARNINGS $ 4,269,600 $ 2,735,800 $ 10,455,700 $ 5,107,000
BASIC AND DILUTED EARNINGS PER SHARE        
Basic (in Dollars per share) $ 0.51 $ 0.33 $ 1.25 $ 0.62
Diluted (in Dollars per share) $ 0.51 $ 0.33 $ 1.25 $ 0.61
WEIGHTED AVERAGE NUMBER OF COMMON AND EQUIVALENT SHARES OUTSTANDING        
Basic (in Shares) 8,355,831 8,406,709 8,354,156 8,301,209
Diluted (in Shares) 8,355,831 8,412,638 8,354,156 8,307,496
Dividends per share (in Dollars per share) $ 0.10 $ 0.05 $ 0.22 $ 0.15
Gross Sales [Member]        
REVENUES $ 83,137,500 $ 53,619,900 $ 203,717,200 $ 122,635,300
Discounts and Allowances [Member]        
Less discounts and allowances (24,131,100) (16,406,500) (58,390,400) (37,978,900)
Transportation Revenue [Member]        
REVENUES $ 7,743,900 $ 3,611,200 $ 18,965,300 $ 8,193,600