XML 42 R30.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings Per Share (Tables)
 6 Months Ended
Aug. 31, 2024
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,
2024202320242023
Numerator:
Net income$35,419 $28,332 $75,021 $56,854 
Series A Preferred Stock Dividends— (3,600)(1,200)(7,200)
Redemption premium on Series A Preferred Stock— — (75,198)— 
Numerator for basic earnings per share$35,419 $24,732 $(1,377)$49,654 
Series A Preferred Stock Dividends— 3,600 — 7,200 
Numerator for diluted earnings per share$35,419 $28,332 $(1,377)$56,854 
Denominator:
Weighted average shares outstanding for basic earnings per share29,852 25,054 28,294 24,997 
Effect of dilutive securities:
Employee and director stock awards205 39 — 82 
Series A Preferred Stock— 4,117 — 4,117 
Denominator for diluted earnings per share30,057 29,210 28,294 29,196 
Basic earnings (loss) per common share$1.19 $0.99 $(0.05)$1.99 
Diluted earnings (loss) per common share$1.18 $0.97 $(0.05)$1.95