Earnings (loss) per Share (Tables)

9 Months Ended

Nov. 30, 2016

Earnings Per Share [Abstract]

Computation for Basic and Diluted Earnings (loss) per Share

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

	Three months ended November 30,				Nine months ended November 30,
	2016		2015		2016			2015
Basic weighted average common shares outstanding		25,673,824		25,684,026		25,802,658			25,665,069
Effect of dilutive options		9,789		44,118		15,488			27,861
Diluted weighted average common shares outstanding		25,683,613		25,728,144		25,818,146			25,692,930
Earnings (loss) per share—basic
Earnings per share on continuing operations	$	0.22	$	0.34	$	0.74		$	1.05
Earnings per share on discontinued operations		—		0.08		0.10			0.15
Loss per share on sale of discontinued operations		—		—		(1.01	)		—
Earnings (loss) on discontinued operations		—		0.08		(0.91	)		0.15
Net earnings (loss)	$	0.22	$	0.42	$	(0.17	)	$	1.20
Earnings (loss) per share—diluted
Earnings per share on continuing operations	$	0.22	$	0.33	$	0.74		$	1.05
Earnings per share on discontinued operations		—		0.08		0.10			0.15
Loss per share on sale of discontinued operations		—		—		(1.01	)		—
Earnings (loss) on discontinued operations		—		0.08		(0.91	)		0.15
Net earnings (loss)	$	0.22	$	0.41	$	(0.17	)	$	1.20
Cash dividends	$	0.175	$	0.175	$	2.025		$	0.525