Note 1 - Nature of Operations and Basis of Presentation (Tables)

9 Months Ended

Nov. 30, 2012

Number Of Stores [Table Text Block]

	Sold, Not Yet Open		Open		Total
Rocky Mountain Chocolate Factory
Company-owned stores		-		7		7
Franchise stores – Domestic stores		3		227		230
Franchise stores – Domestic kiosks		-		8		8
Franchise units – International		-		64		64
Cold Stone Creamery – co-branded		1		55		56
Aspen Leaf Yogurt Stores
Company-owned stores		-		8		8
Franchise stores – Domestic stores		4		8		12
Total		8		377		385

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

	Nine Months Ended November 30,
	2012			2011
Outstanding stock options as of February 28 or 29:		307,088			341,890
Granted		-			12,936
Exercised		(3,000	)		(8,731	)
Cancelled/forfeited		(14,952	)		(1,575	)
Outstanding stock options as of November 30:		289,136			344,520
Weighted average exercise price	$	10.67		$	10.11
Weighted average remaining contractual term (in years)		2.07			2.72

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

	Nine Months Ended
	November 30,
	2012			2011
Outstanding non-vested restricted stock units as of February 28 or 29:		101,980			141,260
Granted		-			4,540
Vested		(44,190	)		(43,300	)
Cancelled/forfeited		(560	)		-
Outstanding non-vested restricted stock units as of November 30:		57,230			102,500
Weighted average grant date fair value	$	9.22		$	9.19
Weighted average remaining vesting period (in years)		1.38			2.24

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	Nine Months Ended November 30,
	2012		2011
Expected dividend yield		n/a		3.87	%
Expected stock price volatility		n/a		27	%
Risk-free interest rate		n/a		2.0	%
Expected life of options (years)		n/a		5