v3.22.2.2
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