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Earnings per Share (Tables)
3 Months Ended
May. 31, 2015
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,

 
     2015      2014  

Basic weighted average common shares outstanding

     25,586,596         25,973,227   

Effect of dilutive options

     12,459         14,150   
  

 

 

    

 

 

 

Diluted weighted average common shares outstanding

  25,599,055      25,987,377   
  

 

 

    

 

 

 

Per share amounts:

Net earnings – basic

$ 0.36    $ 0.31   
  

 

 

    

 

 

 

Net earnings – diluted

$ 0.36    $ 0.31   
  

 

 

    

 

 

 

Cash dividends

$ 0.175    $ 0.175