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Stock Incentive Plan (Tables)
12 Months Ended
Feb. 28, 2013
Stock Incentive Plan [Abstract]  
Summary of fair value of the Company's stock options granted
                 
    Years Ended  
    February 28,
2013
    February 29,
2012
 

Expected life (years) (1)

    6.0       6.0  

Expected volatility (2)

    165     160

Risk-free interest rate (3)

    0.8     1.1

Expected dividends

    None       None  

 

(1) The option term was determined using the simplified method for estimating expected option life, which qualify as “plain-vanilla” options.
(2) The stock volatility for each grant is measured using the weighted average of historical daily price changes of the Company’s Common Stock over the most recent period equal to the expected option life of the grant, adjusted for activity which is not expected to occur in the future.
(3) The risk-free interest rate for periods equal to the expected term of the share option is based on the U.S. Treasury yield curve in effect at the time of grant.
Option activity under plans and Agreement
                 
    Option Shares     Weighted
Average
Exercise Price
 

Options outstanding at February 28, 2011

    78     $ 12.71  

Granted

    1       4.39  

Forfeited

    (2     (57.57
   

 

 

   

 

 

 

Options outstanding at February 29, 2012

    77       11.11  

Granted

    1       3.75  

Forfeited

    (7     39.37  
   

 

 

   

 

 

 

Options outstanding at February 28, 2013

    71       8.22  
   

 

 

   

 

 

 
Share Based Payment Award Options Vested and Expected to Vest Outstanding and Exercisable
                                         
    At February 28, 2013  
    Options Outstanding     Options Exercisable  
    Number of
Options
(In thousands)
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise
Price
    Number of
Options
(In thousands)
    Weighted
Average
Exercise
Price
 

$3.01 – $4.74

    65       6.1 years     $ 4.38       64     $ 4.39  

$15.00 – $57.20

    4       2.9 years     $ 45.90       4     $ 45.90  

$61.00 – $70.60

    2       1.2 years     $ 63.79       2     $ 63.79  
   

 

 

                   

 

 

         
      71                       70