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Loss Per Share
 12 Months Ended
Feb. 28, 2013
Loss Per Share [Abstract]  
Loss Per Share

9. Loss Per Share

Basic loss per share amounts exclude the dilutive effect of potential shares of Common Stock. Basic loss per share is based upon the weighted-average number of shares of Common Stock outstanding. Diluted loss per share is based upon the weighted-average number of shares of Common Stock and dilutive potential shares of Common Stock outstanding for each period presented. Potential shares of Common Stock include outstanding stock options and restricted stock, which may be included in the weighted average number of shares of Common Stock under the treasury stock method.

The total number of options and restricted shares outstanding were as follows:

 

                 
    Years Ended  
    February 28,
2013		     February 29,
2012		  
    (In thousands)  

Stock options outstanding

     71       77  

Restricted shares outstanding

     132       63  

A reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding were as follows:

 

                 
    Years Ended  
    February 28,
2013		     February 29,
2012		  
    (In thousands)  

Basic weighted average number of shares

     1,171       1,167  

Dilutive potential shares of Common Stock

     —         —    
   

 

 

    

 

 

  

Diluted weighted average number of shares outstanding

     1,171       1,167  

Number of options excluded from the calculation of weighted average shares because the exercise prices were greater than the average market price of the Company’s Common Stock

     71       77  

Potential shares of Common Stock excluded from the calculation of weighted average shares

     132       63  

Weighted average shares for the fiscal 2013 and 2012, respectively, exclude the aggregate dilutive effect of potential shares of Common Stock related to stock options and restricted stock, because the Company incurred a loss and the effect would be anti-dilutive. Options with exercise prices greater than the average market price during the periods presented are excluded from the calculation of weighted average shares outstanding because the effect would be anti-dilutive.