Earnings Per Share (Tables)

9 Months Ended

Nov. 30, 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 November 30,				Nine Months Ended November 30,
	2021		2020		2021		2020
Numerator:
Net income for basic and diluted earnings per common share	$	21,085	$	19,703	$	62,400	$	23,454
Denominator:
Denominator for basic earnings per common share–weighted average shares	24,729		25,936		24,910		26,090
Effect of dilutive securities:
Employee and Director stock awards	216		115		222		87
Denominator for diluted earnings per common share	24,945		26,051		25,132		26,177
Earnings per share basic and diluted:
Basic earnings per common share	$	0.85	$	0.76	$	2.51	$	0.90
Diluted earnings per common share	$	0.85	$	0.76	$	2.48	$	0.90