XML 20 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-based Compensation (Tables)
 3 Months Ended
May 31, 2013
Share-based Compensation [Abstract]  
Restricted Stock Unit Awards Non-Vested
The activity of our non-vested restricted stock unit awards for the three month period ended May 31, 2013 is as follows:
 
 
 
Restricted
Stock  Units
 
Weighted
Average  Grant
Date Fair Value
Non-Vested Balance as of February 28, 2013
 
106,182

 
$
20.92

Granted
 
31,458

 
45.36

Vested
 
(42,096
)
 
16.30

Forfeited
 
—

 
—

Non-Vested Balance as of May 31, 2013
 
95,544

 
$
30.57
Stock Appreciation Rights and Option Awards
A summary of the Company’s stock appreciation rights and option awards activity for the three months ended May 31, 2013 is as follows:
 
 
 
Options/SAR’s
 
Weighted Average
Exercise  Price
Outstanding as of February 28, 2013
 
439,863

 
$
19.12

Granted
 
71,622

 
45.36

Exercised
 
(111,371
)
 
19.45

Forfeited
 
—

 
—

Outstanding as of May 31, 2013
 
400,114

 
$
23.75

Exercisable as of May 31, 2013
 
195,937

 
$
15.85

Weighted average fair value of options and SARs granted during the period ended May 31, 2013
 
 
 
$
14.15
Share-based compensation expense and related income tax
Share-based compensation expense and related income tax benefits related to all the plans listed above were as follows:
 
Period ended May 31,
 
2013
 
2012
Compensation Expense
 
$
1,607,220

 
$
1,603,004

Income tax benefits
 
$
562,527

 
$
561,051