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Earnings Per Share (Tables)
12 Months Ended
Feb. 28, 2018
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 (in thousands, except per share data):
 
 
 
Year Ended
 
 
February 28, 2018
 
February 28, 2017
 
February 29, 2016
Numerator:
 
 
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
45,169

 
$
61,264

 
$
75,544

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

 
25,965

 
25,800

Effect of dilutive securities:
 
 
 
 
 
 
Employee and director stock awards
 
66

 
132

 
137

Denominator for diluted earnings per common share
 
26,036

 
26,097

 
25,937

Earnings per share basic and diluted:
 
 
 
 
 
 
Basic earnings per common share
 
$
1.74

 
$
2.36

 
$
2.93

Diluted earnings per common share
 
$
1.73

 
$
2.35

 
$
2.91