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Earnings Per Share (Tables)
9 Months Ended
Nov. 30, 2012
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Three Months ended November 30,
 
Nine Months Ended November 30,
 
 
2012
 
2011
 
2012
 
2011
 
 
(Unaudited)
(In thousands except share and per share data)
Numerator:
 
 
 
 
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
15,364

 
$
10,021

 
$
47,223

 
$
29,092

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
25,362,450

 
25,163,452

 
25,301,207

 
25,120,596

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and Director stock awards
 
240,412

 
210,832

 
236,050

 
219,064

Denominator for diluted earnings per common share
 
25,602,862

 
25,374,284

 
25,537,257

 
25,339,660

Earnings per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.61

 
$
0.40

 
$
1.87

 
$
1.16

Diluted earnings per common share
 
$
0.60

 
$
0.39

 
$
1.85

 
$
1.15