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Earnings Per Share (Tables)
12 Months Ended
Feb. 28, 2021
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 for fiscal years 2021, 2020 and 2019 (in thousands, except per share data):
 
202120202019
Numerator:
Net income for basic and diluted earnings per common share$39,614 $48,234 $51,208 
Denominator:
Total weighted average basic shares25,897 26,191 26,038 
Effect of dilutive securities:
Shares applicable to stock-based compensation148 90 69 
Total weighted average diluted shares26,045 26,281 26,107 
Earnings per share:
Basic earnings per share$1.53 $1.84 $1.97 
Diluted earnings per share$1.52 $1.84 $1.96