EARNINGS PER SHARE (Tables)

3 Months Ended

May 31, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The computation of weighted average common and common equivalent shares used in the calculation of basic and diluted EPS is shown below.

	Three Months Ended May 31,
	2021		2020
Earnings:
Net earnings applicable to common shareholders	$	3,438,100	$	1,931,100
Weighted average shares:
Weighted average shares outstanding-basic		8,029,264		8,352,424
Issued unvested restricted stock and assumed shares issuable under granted unvested restricted stock awards		452,716		-
Weighted average shares outstanding-diluted		8,481,980		8,352,424
Earnings per share:
Basic	$	0.43	$	0.23
Diluted	$	0.41	$	0.23