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EARNINGS PER SHARE (Tables)
3 Months Ended
May 31, 2021
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares The calculation of the basic and diluted loss per share of common stock is as follows (in thousands, except per share value):

 

 

 

Three Months Ended

 

 

 

May 31,

 

 

 

2021

 

 

2020

 

Net loss from continuing operations

 

$

(6,000

)

 

$

(6,588

)

Net income (loss) from discontinued operations, net of tax

 

 

4,052

 

 

 

(7,834

)

Net loss

 

$

(1,948

)

 

$

(14,422

)

 

 

 

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

 

34,844

 

 

 

34,024

 

Effect of stock options and restricted stock units computed on treasury stock method

 

 

—

 

 

 

—

 

Diluted weighted average number of common shares outstanding

 

 

34,844

 

 

 

34,024

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per common share:

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(0.17

)

 

$

(0.19

)

Income (loss) from discontinued operations

 

$

0.11

 

 

$

(0.23

)

Diluted net income (loss) per common share:

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(0.17

)

 

$

(0.19

)

Income (loss) from discontinued operations

 

$

0.11

 

 

$

(0.23

)