STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Nov. 30, 2014

STOCK-BASED COMPENSATION [Abstract]

Schedule of Stock-based Compensation Expense

        Stock-based compensation expense is included in the following captions of the unaudited consolidated income statements (in thousands):

	Three Months Ended				Nine Months Ended
	November 30,				November 30,
	2014		2013		2014		2013
Cost of revenues	$	65	$	52	$	176	$	133
Research and development		171		148		452		380
Selling		178		112		418		270
General and administrative		754		496		1,878		1,346
	$	1,168	$	808	$	2,924	$	2,129

Summary of Stock Option Activity

Changes in the Company's outstanding stock options during the nine months ended November 30, 2014 were as follows (options in thousands):

			Weighted
	Number of		Average
	Options		Exercise Price
Outstanding at February 28, 2014	1,093		$	5.04
Granted	61			17.47
Exercised	(111	)		4.89
Forfeited or expired	(3	)		6.88
Outstanding at November 30, 2014	1,040		$	5.78
Exercisable at November 30, 2014	867		$	4.55

Summary of Restricted Stock Shares and RSUs Activity

Changes in the Company's outstanding restricted stock shares and restricted stock units (“RSUs”) during the nine months ended November 30, 2014 were as follows (shares and RSUs in thousands):

			Weighted
	Number of		Average
	Shares and		Grant Date
	RSUs		Fair Value
Outstanding at February 28, 2014	1,024		$	8.02
Granted	335			17.86
Vested	(464	)		6.02
Forfeited	(23	)		11.48
Outstanding at November 30, 2014	872		$	12.77