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Shareholder's Equity (Tables)
6 Months Ended
Aug. 31, 2016
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share for the three and six month periods ended August 31, 2016 and 2015 (in thousands, except per share data):

 

     Net
Income (Loss)
     Weighted
Average
Common Shares
Outstanding
     Earnings (Loss)
Per

Share
 

Six months ended August 31, 2016

        

Basic-continuing operations

   $ (1,218      5,891       $ (0.21

Basic-discontinued operations

     448         5,891         0.08   

Effect of dilution:

        

Diluted-continuing operations

        

Diluted-discontinued operations

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Diluted

   $ (770      5,891       $ (0.13

Six months ended August 31, 2015

        

Basic-continuing operations

   $ (3,213      5,925       $ (0.54

Basic-discontinued operations

     278         5,925         0.04   

Effect of dilution:

        

Options

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Diluted

   $ (2,935      5,925       $ (0.50

Three months ended August 31, 2016

        

Basic-continuing operations

   $ (479      5,891       $ (0.08

Basic-discontinued operations

     101         5,891         0.02   

Effect of dilution:

        

Diluted-continuing operations

        

Diluted-discontinued operations

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Diluted

   $ (378      5,891       $ (0.06

Three months ended August 31, 2015

        

Basic-continuing operations

   $ (1,843      5,894       $ (0.31

Basic-discontinued operations

     477         5,894         0.08   

Effect of dilution:

        

Options

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Diluted

   $ (1,366      5,894       $ (0.23