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Consolidated Statements of Income (USD $)
12 Months Ended
Feb. 29, 2012
Feb. 28, 2011
Feb. 28, 2010
Revenues      
Sales $ 28,875,629 $ 25,344,079 $ 22,944,017
Franchise and royalty fees 5,751,263 5,783,892 5,492,531
Total revenues 34,626,892 31,127,971 28,436,548
Costs and Expenses      
Cost of sales, exclusive of depreciation and amortization expense of $321,191, $336,009 and $370,485, respectively 18,309,236 16,228,237 14,910,622
Franchise costs 1,796,492 1,575,817 1,499,477
Sales & marketing 1,683,646 1,594,796 1,505,431
General and administrative 3,044,569 2,691,640 2,422,147
Retail operating 3,189,215 2,416,798 1,756,956
Depreciation and amortization 750,860 670,321 698,580
Total costs and expenses 28,774,018 25,177,609 22,793,213
Operating Income 5,852,874 5,950,362 5,643,335
Interest Income 58,904 58,697 27,210
Income Before Income Taxes 5,911,778 6,009,059 5,670,545
Income Tax Expense 2,035,746 2,098,218 2,090,468
Net Income $ 3,876,032 $ 3,910,841 $ 3,580,077
Basic Earnings per Common Share (in Dollars per share) $ 0.63 $ 0.65 $ 0.60
Diluted Earnings per Common Share (in Dollars per share) $ 0.62 $ 0.62 $ 0.58
Weighted Average Common Shares Outstanding (in Shares) 6,111,480 6,050,985 6,012,717
Dilutive Effect of Employee Stock Awards (in Shares) 183,599 239,160 197,521
Weighted Average Common Shares Outstanding, Assuming Dilution (in Shares) 6,295,079 6,290,145 6,210,238