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CONDENSED STATEMENTS OF EARNINGS - USD ($)
3 Months Ended 9 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Nov. 30, 2019
Nov. 30, 2018
NET REVENUES $ 40,824,600 $ 40,482,600 $ 92,850,000 $ 95,185,900
COST OF GOODS SOLD 13,279,900 13,141,600 30,382,500 31,274,000
Gross margin 27,544,700 27,341,000 62,467,500 63,911,900
OPERATING EXPENSES        
Operating and selling 6,513,500 6,540,600 15,089,900 14,554,400
Sales commissions 13,008,600 12,689,200 28,804,700 29,375,300
General and administrative 4,373,500 4,476,000 12,029,300 12,106,900
Total operating expenses 23,895,600 23,705,800 55,923,900 56,036,600
INTEREST EXPENSE 216,500 228,600 691,000 712,000
OTHER INCOME (403,100) (397,600) (1,196,300) (1,172,300)
EARNINGS BEFORE INCOME TAXES 3,835,700 3,804,200 7,048,900 8,335,600
INCOME TAXES 1,099,900 988,600 1,941,900 2,212,700
NET EARNINGS $ 2,735,800 $ 2,815,600 $ 5,107,000 $ 6,122,900
BASIC AND DILUTED EARNINGS PER SHARE        
Basic (in Dollars per share) $ 0.33 $ 0.34 $ 0.62 $ 0.75
Diluted (in Dollars per share) $ 0.33 $ 0.34 $ 0.61 $ 0.75
WEIGHTED AVERAGE NUMBER OF COMMON AND EQUIVALENT SHARES OUTSTANDING        
Basic (in Shares) 8,406,709 8,194,072 8,301,209 8,185,561
Diluted (in Shares) 8,412,638 8,201,776 8,307,496 8,193,206
Dividends per share (in Dollars per share) $ 0.05 $ 0.10 $ 0.15 $ 0.15
Gross Sales [Member]        
REVENUES $ 53,619,900 $ 53,486,000 $ 122,635,300 $ 125,574,400
Discounts and Allowances [Member]        
WEIGHTED AVERAGE NUMBER OF COMMON AND EQUIVALENT SHARES OUTSTANDING        
Less discounts and allowances (16,406,500) (16,572,600) (37,978,900) (38,918,700)
Transportation Revenue [Member]        
REVENUES $ 3,611,200 $ 3,569,200 $ 8,193,600 $ 8,530,200