The following table sets forth the computation for basic and
diluted earnings (loss) per share for the periods indicated:
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Three months ended
May 31,
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2016 |
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2015 |
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Basic weighted average common shares outstanding
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25,783,770 |
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25,586,596 |
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Effect of dilutive options
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26,965 |
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12,459 |
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Diluted weighted average common shares outstanding
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25,810,735 |
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25,599,055 |
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Earnings (loss) per share - basic and diluted
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Earnings per share on continuing operations
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$ |
0.26 |
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$ |
0.34 |
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Earnings per share on discontinued operations
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0.10 |
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0.02 |
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Loss per share on sale of discontinued operations
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(1.01 |
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— |
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Earnings (loss) on discontinued operations
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(0.91 |
) |
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0.02 |
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Net earnings (loss)
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$ |
(0.65 |
) |
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$ |
0.36 |
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Cash dividends
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$ |
0.175 |
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$ |
0.175 |
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