Earnings Per Share (Tables)
 3 Months Ended
May 31, 2019
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, expect per share data):
 
 
 
Three Months Ended May 31,
 
 
2019
 
2018
Numerator:
 
 
 
 
Net income for basic and diluted earnings per common share
 
$
21,284

 
$
15,718

Denominator:
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
26,124

 
25,984

Effect of dilutive securities:
 
 
 
 
Employee and director stock awards
 
69

 
50

Denominator for diluted earnings per common share
 
26,193

 
26,034

Earnings per share basic and diluted:
 
 
 
 
Basic earnings per common share
 
$
0.81

 
$
0.60

Diluted earnings per common share
 
$
0.81

 
$
0.60

For both the three months ended May 31, 2019 and 2018, approximately 0.1 million shares related to employee and director stock awards were excluded from the diluted shares outstanding count as the effect was anti-dilutive.