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Earnings Per Share
 6 Months Ended
Aug. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

Earnings per share is based on the weighted average number of shares outstanding during each period, adjusted for the dilutive effect of stock awards.
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):
 
 
 
Three Months Ended August 31,
 
Six Months Ended August 31,
 
 
2017
 
2016
 
2017
 
2016
 
 
(Restated)
 
(Restated)
 
(Restated)
 
(Restated)
Numerator:
 
 
 
 
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
9,786

 
$
10,159

 
$
21,848

 
$
32,348

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
25,970

 
25,987

 
25,991

 
25,950

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and director stock awards
 
66

 
132

 
74

 
131

Denominator for diluted earnings per common share
 
26,036

 
26,119

 
26,065

 
26,081

Earnings per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.38

 
$
0.39

 
$
0.84

 
$
1.25

Diluted earnings per common share
 
$
0.38

 
$
0.39

 
$
0.84

 
$
1.24