Note 11 - Earnings Per Share

6 Months Ended

Aug. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

11

– EARNINGS PER SHARE

Basic earnings per share is calculated using the weighted-average number of common shares outstanding. Diluted earnings per share reflects the potential dilution that could occur from common shares issuable through the settlement of restricted stock units. Restricted stock units become dilutive within the period granted and remain dilutive until the units vest and are issued as common stock.

The weighted-average number of shares outstanding used in the computation of diluted earnings per share does

not

include outstanding common shares issuable if their effect would be anti-dilutive. During the

six

months ended

August 31, 2020,

960,677

shares of common stock warrants and

222,634

shares of issuable common stock were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.