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Earnings Per Share (Tables)
6 Months Ended
Aug. 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 August 31,
 
Six Months Ended August 31,
 
 
2014
 
2013
 
2014
 
2013
 
 
(Unaudited)
(In thousands except share and per share data)
Numerator:
 
 
 
 
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
13,769

 
$
16,363

 
$
28,694

 
$
30,910

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
25,656,945

 
25,487,796

 
25,639,952

 
25,475,869

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and Director stock awards
 
101,229

 
176,312

 
108,995

 
188,851

Denominator for diluted earnings per common share
 
25,758,174

 
25,664,108

 
25,748,947

 
25,664,720

Earnings per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.54

 
$
0.64

 
$
1.12

 
$
1.21

Diluted earnings per common share
 
$
0.53

 
$
0.64

 
$
1.11

 
$
1.20