Note 4 - EARNINGS PER SHARE (Tables)

6 Months Ended

Aug. 31, 2018

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The computation of weighted average common and common equivalent shares used in the calculation of basic and diluted EPS is shown below.

	Three Months Ended August 31,				Six Months Ended August 31,
	2018		2017		2018		2017
Earnings per share:
Net earnings applicable to common shareholders	$	1,490,700	$	1,036,900	$	3,307,300	$	2,262,200
Shares:
Weighted average shares outstanding-basic		8,185,419		8,171,296		8,181,305		8,175,791
Assumed exercise of options		7,414		9,962		7,615		8,716
Weighted average shares outstanding-diluted		8,192,833		8,181,258		8,188,920		8,184,507
Diluted earnings per share:
Basic	$	0.18	$	0.13	$	0.40	$	0.28
Diluted	$	0.18	$	0.13	$	0.40	$	0.28