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Shareholder's Equity (Tables)
9 Months Ended
Nov. 30, 2017
Computation of Basic and Diluted Earnings (Loss) Per Share
The following table presents a reconciliation of all the shares used in the calculation of basic and dilutive earnings (loss) per share for the three and nine month periods ended November 30, 2017 and 2016 (in thousands, except per share data):

 

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

Nine months ended November 30, 2017

       

Basic

   $ (1,690     5,891      $ (0.29

Effect of dilution:

       

Options

     —         —          —    
  

 

 

   

 

 

    

 

 

 

Diluted

   $ (1,690     5,891      $ (0.29
  

 

 

   

 

 

    

 

 

 

Nine months ended November 30, 2016

       

Basic

   $ (815     5,891      $ (0.14

Effect of dilution:

       

Options

     —         —          —    
  

 

 

   

 

 

    

 

 

 

Diluted

   $ (815     5,891      $ (0.14
  

 

 

   

 

 

    

 

 

 

Three months ended November 30, 2017

       

Basic

   $ (1,203     5,891      $ (0.20

Effect of dilution:

       

Options

     —         —          —    
  

 

 

   

 

 

    

 

 

 

Diluted

   $ (1,203     5,891      $ (0.20
  

 

 

   

 

 

    

 

 

 

Three months ended November 30, 2016

       

Basic

   $ (45     5,891      $ (0.01

Effect of dilution:

       

Options

     —         —          —    
  

 

 

   

 

 

    

 

 

 

Diluted

   $ (45     5,891      $ (0.01