NET INCOME PER SHARE, SHAREHOLDERS’ EQUITY, STOCK TRANSACTIONS AND SHARE BASED AWARDS

3 Months Ended

May 31, 2013

Stockholders' Equity Note [Abstract]

COMPREHENSIVE INCOME, SHAREHOLDERS' EQUITY, STOCK TRANSACTIONS AND COMMON STOCK OPTIONS

(11) NET INCOME PER SHARE, SHAREHOLDERS’ EQUITY, STOCK TRANSACTIONS AND SHARE BASED AWARDS

Net income for the First Quarter of this year and last year was $1,679,178 and $1,037,031, respectively. Basic and diluted earnings per share for net income for the First Quarter of this year and last year, net of tax, were $0.09 and $0.06, respectively.

Dividends. We declared and paid dividends in the amounts as set forth in the following table for the First Quarter of this year and last year:

Date Declared	Date Paid	Dividend Amount
05/23/12	06/15/12	$	0.10
06/04/13	06/17/13	$	0.05

Share Based Awards. We had no share based awards that were granted, modified or outstanding for the First Quarter of this year or last year, and as a result, we had no share based compensation expense in any quarter.