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Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Aug. 31, 2013
Aug. 31, 2012
Revenues        
Sales $ 6,686,149 $ 6,230,144 $ 14,864,838 $ 14,320,770
Franchise and royalty fees 1,977,012 1,499,693 3,976,185 3,067,260
Total revenues 8,663,161 7,729,837 18,841,023 17,388,030
Costs and Expenses        
Cost of sales, exclusive of depreciation and amortization expense of $72,509, $71,928, $144,379 and $142,323, respectively 3,700,926 3,669,575 8,728,090 8,691,811
Franchise costs 519,649 558,094 998,459 1,102,520
Sales and marketing 462,721 408,805 968,158 869,987
General and administrative 1,208,115 701,742 2,478,819 1,541,838
Retail operating 944,013 893,260 1,784,975 1,824,273
Depreciation and amortization 235,997 230,406 471,753 467,546
Total costs and expenses 7,071,421 6,461,882 15,430,254 14,497,975
Income from Operations 1,591,740 1,267,955 3,410,769 2,890,055
Interest Income 15,324 11,487 26,988 22,781
Income Before Income Taxes 1,607,064 1,279,442 3,437,757 2,912,836
Income Tax Provision 510,568 450,660 1,094,722 1,021,725
Consolidated Net Income 1,096,496 828,782 2,343,035 1,891,111
Less: Net income attributable to non-controlling interest 68,712   135,944  
Net Income attributable to RMCF $ 1,027,784 $ 828,782 $ 2,207,091 $ 1,891,111
Basic Earnings per Common Share (in Dollars per share) $ 0.17 $ 0.14 $ 0.36 $ 0.31
Diluted Earnings per Common Share (in Dollars per share) $ 0.16 $ 0.13 $ 0.35 $ 0.30
Weighted Average Common Shares Outstanding (in Shares) 6,097,278 6,045,070 6,083,979 6,102,257
Dilutive Effect of Stock Options (in Shares) 388,051 155,133 312,733 153,226
Weighted Average Common Shares Outstanding, Assuming Dilution (in Shares) 6,485,329 6,200,203 6,396,712 6,255,483