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Earnings Per Share (Tables)
3 Months Ended
May 31, 2013
Earnings Per Share [Abstract]  
Computation for Basic and Diluted Earnings Per Share

The following table sets forth the computation for basic and diluted earnings per share for the periods indicated:

 

    

Three months ended

May 31,

 
     2013      2012  

Basic weighted average common shares outstanding

     26,038,068         25,963,369   

Effect of dilutive options

     17,801         20,538   
  

 

 

    

 

 

 

Diluted weighted average common shares outstanding

     26,055,869         25,983,907   
  

 

 

    

 

 

 

Per share amounts:

     

Net earnings – basic

   $ 0.33       $ 0.15   
  

 

 

    

 

 

 

Net earnings – diluted

   $ 0.33       $ 0.15   
  

 

 

    

 

 

 

Cash dividends

   $ —         $ 0.175