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Earnings Per Share (Tables)
6 Months Ended
Aug. 31, 2016
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,
 
 
2016
 
2015
 
2016
 
2015
 
 
(Unaudited)
(In thousands except per share data)
Numerator:
 
 
 
 
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
10,023

 
$
17,243

 
$
31,086

 
$
37,167

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
25,987

 
25,782

 
25,950

 
25,769

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and Director stock awards
 
132

 
140

 
131

 
123

Denominator for diluted earnings per common share
 
26,119

 
25,922

 
26,081

 
25,892

Earnings per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.39

 
$
0.67

 
$
1.20

 
$
1.44

Diluted earnings per common share
 
$
0.38

 
$
0.67

 
$
1.19

 
$
1.44