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Earnings Per Share (Tables)
9 Months Ended
Nov. 30, 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 November 30,
 
Nine Months Ended November 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(Unaudited)
(In thousands except per share data)
Numerator:
 
 
 
 
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
18,251

 
$
23,547

 
$
49,337

 
$
60,714

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
26,005

 
25,823

 
25,974

 
25,787

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and director stock awards
 
128

 
154

 
130

 
133

Denominator for diluted earnings per common share
 
26,133

 
25,977

 
26,104

 
25,920

Earnings per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.70

 
$
0.91

 
$
1.90

 
$
2.35

Diluted earnings per common share
 
$
0.70

 
$
0.91

 
$
1.89

 
$
2.34