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Subsequent Events
9 Months Ended
Nov. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events

14. Subsequent Events

On December 16, 2016, the Board declared a quarterly cash dividend of 17 12 cents per share, which will be paid on February 8, 2017 to the shareholders of record on January 11, 2017.

 

On December 19, 2016 the Board of Directors increased the authorized amount under the Company’s stock repurchase program by an additional $20.0 million, bringing the authorized to $40.0 million and the amount now available under the program for stock repurchases to $22.4 million.