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EARNINGS PER SHARE (Tables)
3 Months Ended
May 31, 2022
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,

 

 

 

2022

 

 

2021

 

Net loss from continuing operations

 

$

(12,173

)

 

$

(6,000

)

Net income from discontinued operations, net of tax

 

 

-

 

 

 

4,052

 

Net loss

 

$

(12,173

)

 

$

(1,948

)

 

 

 

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

 

35,723

 

 

 

34,844

 

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

 

 

 

 

 

 

Diluted weighted average number of common shares outstanding

 

 

35,723

 

 

 

34,844

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per common share:

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(0.34

)

 

$

(0.17

)

Income from discontinued operations

 

$

-

 

 

$

0.11

 

Diluted net income (loss) per common share:

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(0.34

)

 

$

(0.17

)

Income from discontinued operations

 

$

-

 

 

$

0.11