Earnings Per Share (Tables)

3 Months Ended

May 31, 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 (in thousands, except per share data):

	Three Months Ended May 31,
	2021		2020
Numerator:
Net income for basic and diluted earnings per common share	$22,337		$5,541
Denominator:
Denominator for basic earnings per common share–weighted average shares	25,051		26,157
Effect of dilutive securities:
Employee and director equity awards	219		35
Denominator for diluted earnings per common share	25,270		26,192
Earnings per share basic and diluted:
Basic income per common share	$	0.89	$	0.21
Diluted income per common share	$	0.88	$	0.21