| Schedule of net (loss) / income per share |
| | | | | | | | | | | | For the year ended | | For the year ended | | For the year ended | | | February 29, | | February 28, | | February 28, | | | 2024 | | 2025 | | 2026 | Numerator: | | | | | | | | | | Net (loss) / income attributable to TAL Education Group’s shareholders | | | — | | | — | | | — | Basic and diluted | | $ | (3,573) | | $ | 84,591 | | $ | 530,751 | | | | | | | | | | | Denominator: | | | | | | | | | | Weighted average shares outstanding - basic | | | 203,304,744 | | | 201,963,823 | | | 190,420,468 | Effect of dilutive securities: | | | | | | | | | | Dilutive effect of non-vested shares and options (i) | | | — | | | 3,258,930 | | | 2,504,825 | Weighted average shares outstanding - diluted | | | 203,304,744 | | | 205,222,753 | | | 192,925,293 | | | | | | | | | | | Net (loss) / income per common share attributable to TAL Education Group’s shareholders-basic (ii) | | $ | (0.02) | | $ | 0.42 | | $ | 2.79 | Net (loss) / income per common share attributable to TAL Education Group’s shareholders-diluted | | $ | (0.02) | | $ | 0.41 | | $ | 2.75 |
| (i) | For the year ended February 29, 2024, 7,171,273 potential shares outstanding due to non-vested shares and share options were excluded from the calculation due to their anti-dilutive effect resulted from net loss reported in fiscal year 2024. For the years ended February 28, 2025 and 2026, 1,085,757 and 571,781 non-vested shares and share options were excluded from the calculation, respectively, as their effect were anti-dilutive. |
| (ii) | The Company’s common shares are divided into Class A and Class B common shares. Holders of Class A and Class B common shares have the same dividend rights. Therefore, the Company does not present net (loss) / income per share for each separate class. |
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