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Consolidated Statements of Income (Current Period Unaudited) (USD $)
3 Months Ended
May 31, 2014
May 31, 2013
Revenues    
Sales $ 7,851,051 $ 8,178,689
Franchise and royalty fees 2,471,155 1,999,173
Total revenues 10,322,206 10,177,862
Costs and Expenses    
Cost of sales, exclusive of depreciation and amortization expense of $89,628 and $71,870, respectively 4,833,471 5,027,164
Franchise costs 545,558 478,810
Sales and marketing 646,067 505,437
General and administrative 1,411,433 1,270,704
Retail operating 1,039,954 840,962
Depreciation and amortization 374,412 235,756
Restructuring and acquisition related charges 124,551  
Total costs and expenses 8,975,446 8,358,833
Income from Operations 1,346,760 1,819,029
Other Income (Expense)    
Interest expense (61,333)  
Interest income 12,509 11,664
Other Income (Expense), net (48,824) 11,664
Income Before Income Taxes 1,297,936 1,830,693
Income Tax Provision 360,664 584,154
Consolidated Net Income 937,272 1,246,539
Less: Net (loss) income attributable to non-controlling interest 225,938 67,232
Net Income attributable to RMCF $ 711,334 $ 1,179,307
Basic Earnings per Common Share (in Dollars per share) $ 0.12 $ 0.19
Diluted Earnings per Common Share (in Dollars per share) $ 0.11 $ 0.19
Weighted Average Common Shares Outstanding (in Shares) 6,159,086 6,074,332
Dilutive Effect of Stock Options (in Shares) 329,192 237,416
Weighted Average Common Shares Outstanding, Assuming Dilution (in Shares) 6,488,278 6,311,748