v3.26.3
Earnings Per Share
6 Months Ended
Aug. 31, 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 (decrease) in net assets resulting from operations per share for the three and six months ended August 31, 2026 and August 31, 2025 (dollars in thousands except share and per share amounts):

 

   For the three months ended    For the six months ended 
Basic and Diluted  August 31, 2026   August 31, 2025   August 31, 2026   August 31, 2025 
Net increase (decrease) in net assets resulting from operations  $(6,661)  $13,285   $(13,564)  $27,217 
Weighted average common shares outstanding   16,155,202    15,775,387    16,203,415    15,560,114 
Weighted average earnings (loss) per common share  $(0.41)  $0.84   $(0.84)  $1.75