XML 53 R38.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stock Compensation (Tables)
12 Months Ended
Feb. 28, 2018
Share-based Compensation [Abstract]  
Restricted Stock Unit Awards Non-Vested
ctivity for non-vested restricted stock unit awards for the year ended February 28, 2018 is as follows:
 
 
 
Restricted
Stock Units
 
Weighted
Average Grant
Date Fair Value
Non-Vested Balance as of February 28, 2017
 
134,547

 
$
51.10

Granted
 
46,436

 
60.01

Vested
 
(62,576
)
 
47.26

Forfeited
 
(8,630
)
 
56.64

Non-Vested Balance as of February 28, 2018
 
109,777

 
$
56.62

Stock Appreciation Rights and Option Awards
A summary of the Company’s stock appreciation rights awards activity is as follows:
 
 
 
Year Ended
 
 
February 28,
2018
 
February 28,
2017
 
February 29,
2016
 
 
SARs
 
Weighted
Average
Exercise
Price
 
SARs
 
Weighted
Average
Exercise
Price
 
SARs
 
Weighted
Average
Exercise
Price
Outstanding at beginning of year
 
170,139

 
$
42.02

 
312,748

 
$
34.23

 
376,982

 
$
31.27

Granted
 

 

 

 

 

 

Exercised
 
(19,481
)
 
31.94

 
(141,983
)
 
24.85

 
(59,441
)
 
14.67

Forfeited
 
(2,145
)
 
45.36

 
(626
)
 
43.92

 
(4,793
)
 
44.56

Outstanding at end of year
 
148,513

 
$
43.29

 
170,139

 
$
42.02

 
312,748

 
$
34.23

Exercisable at end of year
 
148,513

 
$
43.29

 
126,975

 
$
41.27

 
217,961

 
$
29.83

Share-based Compensation Activity
The following table summarizes additional information about stock appreciation rights outstanding at February 28, 2018.

Range of
Exercise Prices
 
Total
SARs
 
Average
Remaining
Life
 
Weighted
Average
Exercise
Price
 
SARs
Currently
  Exercisable  
 
Weighted
Average
Exercise
Price
$25.67
 
9,080

 
1.00
 
$
25.67

 
9,080

 
$
25.67

$39.65
 
950

 
2.52
 
$
39.65

 
950

 
$
39.65

$43.92
 
82,378

 
3.01
 
$
43.92

 
82,378

 
$
43.92

$45.26
 
40,000

 
2.68
 
$
45.26

 
40,000

 
$
45.26

$45.36
 
16,105

 
2.00
 
$
45.36

 
16,105

 
$
45.36

$25.67 - $45.36
 
148,513

 
2.68
 
$
43.29

 
148,513

 
$
43.29

Share-based Compensation Fair Value Assumptions
 
Share-based compensation expense and related income tax
Share-based compensation expense and related income tax benefits related to all the plans listed above were as follows (in thousands):
 
 
 
Year Ended
 
 
February 28, 2018
 
February 28, 2017
 
February 29, 2016
Compensation expense
 
$
6,121

 
$
5,870

 
$
4,538

Income tax benefits
 
$
2,122

 
$
2,055

 
$
1,588