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CONDENSED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2017
Nov. 30, 2016
GROSS SALES $ 41,894,600 $ 34,397,300 $ 100,989,500 $ 91,657,200
Less discounts and allowances (6,762,300) (6,948,000) (19,929,300) (20,581,900)
Transportation revenue 3,775,700 3,248,300 8,959,900 8,299,500
NET REVENUES 38,908,000 30,697,600 90,020,100 79,374,800
COST OF GOODS SOLD 10,494,800 8,328,100 24,579,200 22,500,300
Gross margin 28,413,200 22,369,500 65,440,900 56,874,500
OPERATING EXPENSES:        
Operating and selling 7,837,300 6,520,300 17,549,900 16,790,900
Sales commissions 12,510,400 9,521,000 28,759,300 24,802,200
General and administrative 4,735,200 4,525,900 12,359,600 12,237,600
Total operating expenses 25,082,900 20,567,200 58,668,800 53,830,700
OTHER INCOME (EXPENSE):        
Interest expense (287,600) (265,000) (863,800) (730,000)
Other income 390,100 502,800 1,189,400 1,251,600
Total other income 102,500 237,800 325,600 521,600
EARNINGS BEFORE INCOME TAXES 3,432,800 2,040,100 7,097,700 3,565,400
INCOME TAXES 1,304,400 765,900 2,707,100 1,352,500
NET EARNINGS $ 2,128,400 $ 1,274,200 $ 4,390,600 $ 2,212,900
BASIC AND DILUTED EARNINGS PER SHARE:        
Basic (in Dollars per share) $ 0.52 $ 0.31 $ 1.07 $ 0.54
Diluted (in Dollars per share) 0.52 0.31 1.07 0.54
DIVIDENDS PER SHARE (in Dollars per share) $ 0.00 $ 0.09 $ 0.00 $ 0.27
WEIGHTED AVERAGE NUMBER OF COMMON AND EQUIVALENT SHARES OUTSTANDING:        
Basic (in Shares) 4,087,268 4,079,916 4,087,686 4,074,355
Diluted (in Shares) 4,090,011 4,084,863 4,090,053 4,079,833