Stock Option Plan and Stock Based Compensation (Tables)

3 Months Ended

May 31, 2019

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock Option Activity

As of May 31, 2019, the Company had no outstanding vested or unvested stock options.  The Company had the following stock option activity for the three months ended May 31, 2019:

						Weighted
				Weighted		Average		Aggregate
	Number			Average		Remaining		Intrinsic
	of Shares			Exercise		Contractual		Value(a)
	(exact quantity)			Price		Life(inyears)		(inthousands)
Outstanding at March 1, 2019		61,590		$	15.88		1.8	$	327
Granted		—			—
Terminated		—			—
Exercised		(61,590	)	$	15.88
Outstanding at May 31, 2019		—			—		—		—
Exercisable at May 31, 2019		—			—		—		—

(a) Intrinsic value is measured as the excess of fair market value of the Company’s common stock as reported on the New York Stock Exchange over the applicable exercise price.

Summary of Stock Options Exercised and Tax Benefits Realized from Stock Based Compensation

A summary of the stock options exercised and tax benefits realized from stock based compensation is presented below (in thousands):

	Three months ended
	May 31,
	2019		2018
Total cash received	$	—	$	—
Income tax benefits		—		—
Total grant-date fair value		201		—
Intrinsic value		267		—

Restricted Stock Activity

The Company had the following restricted stock activity for the three months ended May 31, 2019:

				Weighted
				Average
	Number of			Grant Date
	Shares			Fair Value
Outstanding at March 1, 2019		155,105		$	19.03
Granted		51,073			20.50
Terminated		—			—
Vested		(69,880	)		18.69
Outstanding at May 31, 2019		136,298		$	19.76