SHARE-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Feb. 28, 2013

SHARE-BASED COMPENSATION PLANS

Schedule of share-based payment expense

(in thousands, except per share data)

	Fiscal Years Ended the Last Day of February,
	2013		2012		2011
Stock options	$	2,298	$	2,061	$	1,603
Directors stock compensation	473		531		258
Performance based restricted stock awards and units	2,988		-		-
Employee stock purchase plan	296		336		156
Share-based payment expense	6,055		2,928		2,017
Less income tax benefits	(858)		(99)		(99)
Share-based payment expense, net of income tax benefits	$	5,197	$	2,829	$	1,918
Earnings per share impact of share based payment expense:
Basic	$	0.16	$	0.09	$	0.06
Diluted	$	0.16	$	0.09	$	0.06

Schedule of assumptions used for fair value of stock option grants

	Fiscal Years Ended the Last Day of February,
	2013	2012	2011
Range of risk free interest rates used	0.1% - 0.9%	0.6% - 1.5%	1.2% - 1.7%
Expected dividend rate	0.0%	0.0%	0.0%
Weighted average volatility rate	51.4%	52.5%	50.0%
Range of expected volatility rates used	45.7% - 55.3%	51.4% - 65.9%	49.4% - 53.0%
Range of expected terms used (in years)	4.1 - 4.4	4.1 - 4.4	3.4

Summary of option activity

(in thousands, except contractual term and per share data)

						Weighted
		Weighted		Weighted		Average
		Average		Average		Remaining
		Exercise		Grant Date		Contractual
		Price		Fair Value		Term	Intrinsic
	Options	(per share)		(per share)		(in years)	Value
Outstanding at March 1, 2010	2,899	$	18.13	$	6.57	4.06	$	18,742
Grants	7	23.70		8.82
Exercises	(318)	(20.93)					2,285
Forfeitures / expirations	(78)	(22.98)
Outstanding at February 28, 2011	2,510	17.64		6.40		3.05	26,054
Grants	379	32.71		13.13
Exercises	(1,907)	(16.10)					36,912
Forfeitures / expirations	(111)	(27.91)
Outstanding at February 29, 2012	871	26.26		10.31		5.78	5,570
Grants	309	34.57		14.09
Exercises	(248)	(22.88)					2,634
Forfeitures / expirations	(68)	(30.23)
Outstanding at February 28, 2013	864	$	29.89	$	11.98	6.26	$	6,209
Exercisable at February 28, 2013	175	$	25.03	$	9.46	3.77	$	2,106

Schedule of non-vested option activity

(in thousands, except per share data)

		Weighted
		Average
		Grant Date
	Non-Vested	Fair Value
	Options	(per share)
Outstanding at March 1, 2010	684	$	8.40
Grants	7	8.82
Vested or forfeited	(195)	(8.36)
Outstanding at February 28, 2011	496	8.42
Grants	379	13.13
Vested or forfeited	(258)	(9.19)
Outstanding at February 29, 2012	617	10.99
Grants	309	14.09
Vested or forfeited	(237)	(10.29)
Outstanding at February 28, 2013	689	$	12.62

Share-based compensation plans

Schedule of unrecognized share-based compensation expense

(in thousands, except weighted average expense period data)

			Weighted
			Average
	Unrecognized		Period of
	Compensation		Recognition
	Expense		(in months)
Stock options	$	5,910	36.9
Restricted Stock Units	21,918		24.0
Restricted Stock Awards	3,784		24.0
Totals	$	31,612	26.4

Restricted Stock Units

Share-based compensation plans

Summary of award activity

(in thousands, except per share data)

		Weighted
		Average
	Restricted	Grant Date
	Stock	Fair Value		Fair Value
	Units	(per share)		Outstanding
Outstanding at February 29, 2012	-	$	-	$	-
Granted	700	32.88
Vested	-	-		-
Outstanding at February 28, 2013	700	$	32.88	$	25,956

Restricted Stock Awards

Share-based compensation plans

Summary of award activity

(in thousands, except per share data)

		Weighted
		Average
	Restricted	Grant Date
	Stock	Fair Value		Fair Value
	Awards	(per share)		Outstanding
Outstanding at February 29, 2012	-	$	-	$	-
Granted	160	35.55
Vested	-	-		-
Outstanding at February 28, 2013	160	$	35.55	$	5,920