CONDENSED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) |
Common Stock [Member] |
Additional Paid-in Capital [Member] |
Retained Earnings [Member] |
Treasury Stock [Member] |
Total |
---|---|---|---|---|---|
Balance at Feb. 28, 2021 | $ 2,482,000 | $ 10,863,900 | $ 39,683,000 | $ (12,769,100) | $ 40,259,800 |
Balance (in Shares) at Feb. 28, 2021 | 12,410,080 | 4,063,480 | |||
Sales of treasury stock | 26,600 | $ 5,400 | 32,000 | ||
Sales of treasury stock (in Shares) | (1,714) | ||||
Dividends declared | (834,800) | (834,800) | |||
Share-based compensation expense (see Note 6) | 261,600 | 261,600 | |||
Net earnings | 3,438,100 | 3,438,100 | |||
Balance at May. 31, 2021 | $ 2,482,000 | 11,152,100 | 42,286,300 | $ (12,763,700) | 43,156,700 |
Balance (in Shares) at May. 31, 2021 | 12,410,080 | 4,061,766 | |||
Balance at Feb. 28, 2021 | $ 2,482,000 | 10,863,900 | 39,683,000 | $ (12,769,100) | 40,259,800 |
Balance (in Shares) at Feb. 28, 2021 | 12,410,080 | 4,063,480 | |||
Net earnings | 5,336,300 | ||||
Balance at Aug. 31, 2021 | $ 2,540,400 | 11,377,900 | 43,290,900 | $ (12,725,800) | 44,483,400 |
Balance (in Shares) at Aug. 31, 2021 | 12,702,080 | 4,051,851 | |||
Balance at May. 31, 2021 | $ 2,482,000 | 11,152,100 | 42,286,300 | $ (12,763,700) | 43,156,700 |
Balance (in Shares) at May. 31, 2021 | 12,410,080 | 4,061,766 | |||
Sales of treasury stock | 46,100 | $ 14,300 | 60,400 | ||
Sales of treasury stock (in Shares) | (4,915) | ||||
Issuance of restricted share awards for vesting | $ 58,400 | (82,000) | $ 23,600 | ||
Issuance of restricted share awards for vesting (in Shares) | 292,000 | (5,000) | |||
Dividends declared | (893,600) | (893,600) | |||
Share-based compensation expense (see Note 6) | 261,700 | 261,700 | |||
Net earnings | 1,898,200 | 1,898,200 | |||
Balance at Aug. 31, 2021 | $ 2,540,400 | 11,377,900 | 43,290,900 | $ (12,725,800) | 44,483,400 |
Balance (in Shares) at Aug. 31, 2021 | 12,702,080 | 4,051,851 | |||
Balance at Feb. 28, 2022 | $ 2,540,400 | 12,246,600 | 44,525,100 | $ (12,546,600) | 46,765,500 |
Balance (in Shares) at Feb. 28, 2022 | 12,702,080 | 3,994,833 | |||
Sales of treasury stock | 39,000 | $ 24,400 | 63,400 | ||
Sales of treasury stock (in Shares) | (7,771) | ||||
Forfeiture of restricted share awards (in Shares) | 16,180 | ||||
Share-based compensation expense (see Note 6) | 261,600 | 261,600 | |||
Net earnings | 215,800 | 215,800 | |||
Balance at May. 31, 2022 | $ 2,540,400 | 12,547,200 | 44,740,900 | $ (12,522,200) | 47,306,300 |
Balance (in Shares) at May. 31, 2022 | 12,702,080 | 4,003,242 | |||
Balance at Feb. 28, 2022 | $ 2,540,400 | 12,246,600 | 44,525,100 | $ (12,546,600) | 46,765,500 |
Balance (in Shares) at Feb. 28, 2022 | 12,702,080 | 3,994,833 | |||
Net earnings | (586,100) | ||||
Balance at Aug. 31, 2022 | $ 2,540,400 | 12,666,900 | 43,939,000 | $ (12,522,200) | 46,624,100 |
Balance (in Shares) at Aug. 31, 2022 | 12,702,080 | 4,016,791 | |||
Balance at May. 31, 2022 | $ 2,540,400 | 12,547,200 | 44,740,900 | $ (12,522,200) | 47,306,300 |
Balance (in Shares) at May. 31, 2022 | 12,702,080 | 4,003,242 | |||
Forfeiture of restricted share awards (in Shares) | 13,549 | ||||
Share-based compensation expense (see Note 6) | 119,700 | 119,700 | |||
Net earnings | (801,900) | (801,900) | |||
Balance at Aug. 31, 2022 | $ 2,540,400 | $ 12,666,900 | $ 43,939,000 | $ (12,522,200) | $ 46,624,100 |
Balance (in Shares) at Aug. 31, 2022 | 12,702,080 | 4,016,791 |