Net Income Per Share

9 Months Ended

Nov. 30, 2011

Net Income Per Share [Abstract]

Net Income Per Share

5. Net Income Per Share

Basic net income per share is calculated using the weighted-average number of common shares outstanding during the period. Diluted net income per share is calculated using the sum of weighted-average number of common shares outstanding during the period, plus the dilutive effect of shares issuable through stock options.

The shares used in calculating basic and diluted net income per share for the condensed consolidated statements of operations included within this report are reconciled as follows (in thousands) :

	Three Months Ended November 30				Nine Months Ended November 30
	2011		2010		2011		2010
Weighted average shares outstanding for basic net income per share		22,486		22,679		22,847		22,586
Dilutive effect of stock options and restricted stock units		-		-		477		383
Weighted average shares outstanding for diluted net income per share		22,486		22,679		23,324		22,969

Options covering approximately 3.7 million and 3.4 million shares for the three month periods ended November 30, 2011 and 2010, and approximately 1.8 million and 1.6 million shares for the nine month periods ended November 30, 2011 and 2010, respectively, were excluded from the computation of average shares outstanding for diluted net income per share because their effects were antidilutive.