Earnings Per Share

12 Months Ended

Feb. 29, 2012

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 4 – EARNINGS PER SHARE

The following table sets forth the computation of earnings per share and earnings per share-assuming dilution:

	2012		2011		2010
Numerator (thousands):
Net income	$	57,198	$	87,018	$	81,574
Denominator (thousands):
Weighted average shares outstanding		39,625		39,983		39,468
Effect of dilutive securities:
Share-based payment awards		663		1,262		692
Weighted average shares outstanding – assuming dilution		40,288		41,245		40,160
Earnings per share	$	1.44	$	2.18	$	2.07
Earnings per share – assuming dilution	$	1.42	$	2.11	$	2.03

Approximately 2.5 million, 3.1 million and 5.7 million stock options in 2012, 2011 and 2010, respectively, were excluded from the computation of earnings per share-assuming dilution because the options’ exercise prices were greater than the average market price of the common shares during the respective years.