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Earnings Per Share (Tables)
3 Months Ended
May 31, 2014
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 May 31,
 
 
2014
 
2013
 
(Unaudited)
(In thousands except share and per share data)
Numerator:
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
14,925

 
$
14,547

Denominator:
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
25,622,958

 
25,463,942

Effect of dilutive securities:
 
 
 
 
Employee and Director stock awards
 
115,808

 
201,390

Denominator for diluted earnings per common share
 
25,738,766

 
25,665,332

Earnings per share basic and diluted:
 
 
 
 
Basic earnings per common share
 
$
0.58

 
$
0.57

Diluted earnings per common share
 
$
0.58

 
$
0.57