The following table sets forth the computation for basic and diluted earnings per share for the periods indicated:
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|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Nine months ended |
|
|
November 30, |
|
November 30, |
|
|
2021 |
|
2020 |
|
2021 |
|
2020 |
Basic weighted average common shares outstanding |
|
26,020,210 |
|
25,974,006 |
|
26,053,898 |
|
25,978,461 |
Effect of dilutive RSUs |
|
— |
|
— |
|
97,582 |
|
— |
Diluted weighted average common shares outstanding |
|
26,020,210 |
|
25,974,006 |
|
26,151,480 |
|
25,978,461 |
Earnings per share |
|
|
|
|
|
|
|
|
Net earnings - basic |
|
$0.29 |
|
$0.32 |
|
$0.86 |
|
$0.73 |
Net earnings - diluted |
|
$0.29 |
|
$0.32 |
|
$0.85 |
|
$0.73 |
Cash dividends |
|
$0.250 |
|
$0.225 |
|
$0.725 |
|
$0.675 |
|