XML 69 R55.htm IDEA: XBRL DOCUMENT v3.21.1
STOCK-BASED COMPENSATION (Details) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Jun. 30, 2002
Feb. 28, 2021
Feb. 28, 2021
Feb. 28, 2019
STOCK-BASED COMPENSATION (Details) [Line Items]        
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition     37 months 3 days  
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount (in Dollars)   $ 2,878,200 $ 2,878,200  
2002 Plan [Member]        
STOCK-BASED COMPENSATION (Details) [Line Items]        
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized 2,000,000      
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award exercise price on options granted is equal to the market price at the date of grant      
The 2019 Long-term Incentive Plan [Member]        
STOCK-BASED COMPENSATION (Details) [Line Items]        
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized   600,000 600,000  
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period     5 years 24 months
Share-based Compensation Arrangement by Share-based Payment Award, Description     The 2019 LTI Plan established up to 600,000 shares of restricted stock to be granted to certain members of management based on exceeding specified net revenues and pre-tax performance metrics during fiscal years 2019, 2020 and 2021. Restricted shares granted under the 2019 LTI Plan “cliff vest” after five years.The restricted share awards granted under the 2019 LTI Plan contain both service and performance conditions. The Company recognizes share compensation expense only for the portion of the restricted share awards that are considered probable of vesting.  Shares are considered granted, and the service inception date begins, when a mutual understanding of the key terms and conditions between the Company and the employee have been established.  The fair value of these awards is determined based on the closing price of the shares on the grant date. The probability of restricted share awards granted with future performance conditions is evaluated at each reporting period and compensation expense is adjusted based on the probability assessment.  
Shares Issued, Shares, Share-based Payment Arrangement, before Forfeiture   305,000 151,000 308,000
Shares Issued, Price Per Share (in Dollars per share)   $ 6.30 $ 6.30 $ 9.94
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Number of Shares     8,000 5,000
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount (in Dollars)   $ 1,571,200 $ 1,571,200 $ 1,307,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition     48 months  
Maximum [Member] | 2002 Plan [Member]        
STOCK-BASED COMPENSATION (Details) [Line Items]        
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period 10 years