v3.25.1
Earnings Per Share
12 Months Ended
Feb. 28, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
Note 19 - Earnings Per Share

We compute basic earnings per share using the weighted average number of shares of common stock outstanding during the period. We compute diluted earnings per share using the weighted average number of shares of common stock outstanding plus the effect of dilutive securities. Dilutive securities at any given point in time may consist of outstanding options to purchase common stock and issued and contingently issuable unvested RSUs, PSUs, RSAs, PSAs and other stock-based awards (see Note 8). Anti-dilutive securities are not included in the computation of diluted earnings per share under the treasury stock method.

The following table presents our weighted average basic and diluted shares outstanding for the periods shown:

 Fiscal Years Ended Last Day of February,
(in thousands)202520242023
Weighted average shares outstanding, basic23,012 23,865 23,955 
Incremental shares from share-based compensation arrangements53 105 135 
Weighted average shares outstanding, diluted23,065 23,970 24,090 
Anti-dilutive securities131 44 46