XML 36 R21.htm IDEA: XBRL DOCUMENT v3.25.2
Net Earnings Per Share
 6 Months Ended
Aug. 31, 2025
Earnings Per Share [Abstract]  
Net Earnings Per Share Net Earnings Per Share
Basic net earnings per share is computed by dividing net earnings available for basic common shares by the weighted average number of shares of common stock outstanding.  Diluted net earnings per share is computed by dividing net earnings available for diluted common shares by the sum of weighted average number of shares of common stock outstanding and dilutive potential common stock.  Diluted net earnings per share is calculated using the “if-converted” treasury stock method.
Basic and Dilutive Net Earnings Per Share Reconciliations
 Three Months EndedSix Months Ended
 August 31August 31
(In thousands except per share data)2025202420252024
Net earnings$95,378 $132,809 $305,759 $285,249 
Weighted average common shares outstanding149,291 155,866 150,714 156,513 
Dilutive potential common shares:
Stock options— 349 13 316 
Stock-settled stock units and awards346 311 395 287 
Weighted average common shares and dilutive potential common shares149,637 156,526 151,122 157,116 
Basic net earnings per share$0.64 $0.85 $2.03 $1.82 
Diluted net earnings per share$0.64 $0.85 $2.02 $1.82 
 
Certain options to purchase shares of common stock were outstanding and not included in the calculation of diluted net earnings per share because their inclusion would have been antidilutive.  On a weighted average basis, for the three months ended August 31, 2025 and 2024, options to purchase 8,610,659 shares and 5,083,556 shares of common stock, respectively, were not included. For the six months ended August 31, 2025 and 2024, options to purchase 8,133,984 shares and 5,133,763 shares of common stock, respectively, were not included.