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Earnings Per Share (Tables)
9 Months Ended
Nov. 30, 2013
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,
 
 
2013
 
2012
 
2013
 
2012
 
 
(Unaudited)
(In thousands except share and per share data)
Numerator:
 
 
 
 
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
18,445

 
$
15,364

 
$
49,355

 
$
47,223

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
25,536,918

 
25,362,450

 
25,496,219

 
25,301,207

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and Director stock awards
 
182,960

 
240,412

 
186,887

 
236,050

Denominator for diluted earnings per common share
 
25,719,878

 
25,602,862

 
25,683,106

 
25,537,257

Earnings per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.72

 
$
0.61

 
$
1.94

 
$
1.87

Diluted earnings per common share
 
$
0.72

 
$
0.60

 
$
1.92

 
$
1.85