XML 31 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-based Compensation (Tables)
3 Months Ended
May 31, 2014
Share-based Compensation [Abstract]  
Restricted Stock Unit Awards Non-Vested
The activity of our non-vested restricted stock unit awards for the three months ended May 31, 2014 is as follows:
 
 
 
Restricted
Stock  Units
 
Weighted
Average  Grant
Date Fair Value
Non-Vested Balance as of February 28, 2014
 
70,352

 
$
45.96

Granted
 
43,075

 
42.89

Vested
 
(14,328
)
 
22.65

Forfeited
 
(2,172
)
 
42.47

Non-Vested Balance as of May 31, 2014
 
96,927

 
$
40.13

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, 2014 is as follows:
 
 
 
Options/SAR’s
 
Weighted Average
Exercise  Price
Outstanding as of February 28, 2014
 
396,174

 
$
26.64

Granted
 
120,266

 
43.92

Exercised
 
(81,049
)
 
22.61

Forfeited
 
(4,590
)
 
41.50

Outstanding as of May 31, 2014
 
430,801

 
$
32.06

Exercisable as of May 31, 2014
 
213,317

 
$
21.35

Weighted average fair value of options and SARs granted during the period ended May 31, 2014
 
 
 
$
43.92

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,
 
2014
 
2013
Compensation Expense
 
$
1,139,372

 
$
1,607,220

Income tax benefits
 
$
398,780

 
$
562,527