v3.26.1
Earnings Per Share
12 Months Ended
Feb. 28, 2026
Earnings Per Share [Abstract]  
Earnings Per Share

Note 12. Earnings Per Share

 

In accordance with the provisions of FASB ASC Topic 260, Earnings per Share, basic earnings per share is computed by dividing earnings available to common shareholders by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis.

 

The following information sets forth the computation of the weighted average basic and diluted net increase in net assets resulting from operations per share for the years ended February 28, 2026, February 28, 2025 and February 29, 2024 (dollars in thousands except share and per share amounts):

 

Basic and Diluted  February 28,
2026
   February 28,
2025
   February 29,
2024
 
Net increase in net assets resulting from operations  $36,604   $28,086   $8,934 
Weighted average common shares outstanding   15,850,270    13,912,170    12,670,939 
Weighted average earnings per common share  $2.31   $2.02   $0.71