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STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Total
Balance at Feb. 28, 2019 $ 2,418,400 $ 8,975,100 $ 25,754,900 $ (11,217,900) $ 25,930,500
Balance (in Shares) at Feb. 28, 2019 12,092,080     3,896,998  
Purchases of treasury stock       $ (1,705,800) $ (1,705,800)
Purchases of treasury stock (in Shares)       254,475 254,475
Sales of treasury stock   241,000   $ 258,400 $ 499,400
Sales of treasury stock (in Shares)       (90,044)  
Exercise of stock options $ 2,000 24,300     $ 26,300
Exercise of stock options (in Shares) 10,000       10,000
Dividends declared     (1,667,800)   $ (1,667,800)
Share-based compensation expense (see Note 10)   665,100     665,100
Issuance of restricted share awards for vesting $ 61,600 (61,600)      
Issuance of restricted share awards for vesting (in Shares) 308,000        
Net earnings     5,645,100   5,645,100
Balance at Feb. 29, 2020 $ 2,482,000 9,843,900 29,732,200 $ (12,665,300) 29,392,800
Balance (in Shares) at Feb. 29, 2020 12,410,080     4,061,429  
Purchases of treasury stock       $ (163,800) $ (163,800)
Purchases of treasury stock (in Shares)       22,565 22,565
Sales of treasury stock   57,800   $ 83,600 $ 141,400
Sales of treasury stock (in Shares)       (26,828)  
Exercise of stock options (in Shares)         0
Dividends declared     (2,673,200)   $ (2,673,200)
Forfeiture of restricted share awards   23,600   $ (23,600)  
Forfeiture of restricted share awards (in Shares)       6,314  
Share-based compensation expense (see Note 10)   938,600     938,600
Net earnings     12,624,000   12,624,000
Balance at Feb. 28, 2021 $ 2,482,000 $ 10,863,900 $ 39,683,000 $ (12,769,100) $ 40,259,800
Balance (in Shares) at Feb. 28, 2021 12,410,080     4,063,480