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Earnings Per Share
 6 Months Ended
Aug. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Earnings per share is based on the weighted average number of shares outstanding during each period, adjusted for the dilutive effect of stock awards.
The following table sets forth the computation of basic and diluted earnings per share (in thousands, expect per share data):
 
 
 
Three Months Ended August 31,
 
Six Months Ended August 31,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
11,244

 
$
9,786

 
$
26,962

 
$
21,848

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
26,019

 
25,970

 
26,001

 
25,991

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and director stock awards
 
72

 
66

 
61

 
74

Denominator for diluted earnings per common share
 
26,091

 
26,036

 
26,062

 
26,065

Earnings per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.43

 
$
0.38

 
$
1.04

 
$
0.84

Diluted earnings per common share
 
$
0.43

 
$
0.38

 
$
1.03

 
$
0.84