Earnings Per Share (Tables)

6 Months Ended

Aug. 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 August 31,				Six Months Ended August 31,
	2021		2020		2021		2020
Numerator:
Net income (loss) for basic and diluted earnings per common share	$	18,978	$	(1,790)	$	41,315	$	3,751
Denominator:
Denominator for basic earnings per common share–weighted average shares	24,947		26,175		24,999		26,166
Effect of dilutive securities:
Employee and director equity awards	188		—		217		32
Denominator for diluted earnings per common share	25,135		26,175		25,216		26,198
Earnings (loss) per share basic and diluted:
Basic income (loss) per common share	$	0.76	$	(0.07)	$	1.65	$	0.14
Diluted income (loss) per common share	$	0.76	$	(0.07)	$	1.64	$	0.14