Dividend

3 Months Ended

May. 31, 2015

Dividend [Abstract]

DIVIDEND

11. DIVIDEND

On May 29, 2015, the Board of Directors of the Company approved a cash dividend of $0.25 per share of common stock. The dividend will be paid on or about July 22, 2015 to stockholders of record as of the close of business on June 29, 2015. On May 31, 2015, there were 2,187,132 shares of common stock outstanding; as a result the Company recorded a $547,000 liability for dividends payable, which is reflected on the May 31, 2015 balance sheet.