Net Income Per Common Share Level 1 (Notes)

9 Months Ended

Nov. 30, 2014

Net Income Per Common Share [Abstract]

Earnings Per Share [Text Block]

Net Income Per Common Share

Basic net income per common share is based upon the weighted-average common shares outstanding during the period.  Diluted net income per common share reflects the potential dilution that would occur if common stock equivalent securities or other contracts to issue common stock were exercised or converted into common stock.

There are no reconciling items which impact the numerator of basic and diluted net income per common share.  A reconciliation between the denominator of basic and diluted net income per common share is as follows:

	Three Months Ended November 30,		Nine Months Ended November 30,
	2014	2013	2014	2013
Weighted-average common shares outstanding	24,322,307	24,341,897	24,396,987	24,060,492
Effect of dilutive securities:
Stock options and warrants	18,227	83,059	21,311	149,119
Weighted-average common shares and potential common shares outstanding	24,340,534	24,424,956	24,418,298	24,209,611

Restricted stock, stock options and warrants of 156,291 and 0 for the three months endedNovember 30, 2014 and 2013 and 108,489 and 0 for the nine months endedNovember 30, 2014 and 2013, respectively, were not included in the net income (loss) per diluted share calculation because the exercise price of these restricted stock, stock options and warrants was greater than the average market price of the Company’s common stock during these periods or their inclusion would have been anti-dilutive.