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QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)
12 Months Ended
Feb. 28, 2021
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

12.        QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

 

The following is a summary of the quarterly results of operations for the years ended February 28, 2021 and February 29, 2020:

 

   

Net 

Revenues

   

Gross Margin

   

Net Earnings

   

Basic Earnings 

Per Share

   

Diluted Earnings 

Per Share

 

2021

                                       

First quarter

 

$

38,291,700

   

$

26,896,200

   

$

1,931,100

   

$

0.23

   

$

0.23

 

Second quarter

   

59,250,100

     

41,940,600

     

4,255,000

     

0.51

     

0.51

 

Third quarter

   

66,750,300

     

47,152,500

     

4,269,600

     

0.51

     

0.51

 

Fourth quarter

   

40,343,000

     

28,608,800

     

2,168,300

     

0.26

     

0.25

 

Total year

 

$

204,635,100

   

$

144,598,100

   

$

12,624,000

   

$

1.51

   

$

1.50

 
                                         

2020

                                       

First quarter

 

$

27,587,400

   

$

18,531,200

   

$

1,363,600

   

$

0.17

   

$

0.17

 

Second quarter

   

24,438,000

     

16,391,600

     

1,007,600

     

0.12

     

0.12

 

Third quarter

   

40,824,600

     

27,544,700

     

2,735,800

     

0.33

     

0.33

 

Fourth quarter

   

20,161,900

     

13,681,100

     

538,100

     

0.06

     

0.06

 

Total year

 

$

113,011,900

   

$

76,148,600

   

$

5,645,100

   

$

0.68

   

$

0.68