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Consolidated Statements of Income (unaudited) (USD $)
3 Months Ended 6 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Aug. 31, 2011
Revenues        
Sales $ 6,230,144 $ 6,003,619 $ 14,320,770 $ 13,214,105
Franchise and royalty fees 1,499,693 1,572,169 3,067,260 2,999,607
Total revenues 7,729,837 7,575,788 17,388,030 16,213,712
Costs and Expenses        
Cost of sales, exclusive of depreciation and amortization expense of $71,928, $69,154, $142,323 and $138,565, respectively 3,669,575 3,577,614 8,691,811 8,210,886
Franchise costs 558,094 514,826 1,102,520 921,700
Sales and marketing 408,805 384,911 869,987 825,130
General and administrative 701,742 717,036 1,541,838 1,456,592
Retail operating 893,260 787,444 1,824,273 1,638,550
Depreciation and amortization 230,406 190,261 467,546 359,166
Total costs and expenses 6,461,882 6,172,092 14,497,975 13,412,024
Income from Operations 1,267,955 1,403,696 2,890,055 2,801,688
Interest Income 11,487 13,972 22,781 30,859
Income Before Income Taxes 1,279,442 1,417,668 2,912,836 2,832,547
Provision for Income Taxes 450,660 506,115 1,021,725 1,001,335
Net Income $ 828,782 $ 911,553 $ 1,891,111 $ 1,831,212
Basic Earnings per Common Share (in Dollars per share) $ 0.14 $ 0.15 $ 0.31 $ 0.30
Diluted Earnings per Common Share (in Dollars per share) $ 0.13 $ 0.14 $ 0.30 $ 0.29
Weighted Average Common Shares Outstanding (in Shares) 6,045,070 6,105,744 6,102,257 6,091,179
Dilutive Effect of Stock Options (in Shares) 155,133 193,419 153,226 211,294
Weighted Average Common Shares Outstanding, Assuming Dilution (in Shares) 6,200,203 6,299,163 6,255,483 6,302,473