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Earnings Per Share (Tables)
3 Months Ended
May 31, 2017
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,
 
 
2017
 
2016
 
 
(Unaudited)
(In thousands except per share data)
Numerator:
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
13,240

 
$
21,063

Denominator:
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
26,012

 
25,913

Effect of dilutive securities:
 
 
 
 
Employee and director stock awards
 
81

 
130

Denominator for diluted earnings per common share
 
26,093

 
26,043

Earnings per share basic and diluted:
 
 
 
 
Basic earnings per common share
 
$
0.51

 
$
0.81

Diluted earnings per common share
 
$
0.51

 
$
0.81