• Filing Date: 2019-07-15
  • Form Type: 10-Q
  • Description: Quarterly report
v3.19.2
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Balance at Feb. 28, 2018   $ 5,903 $ 6,131,147 $ 13,419,553
Repurchase and retirement of common stock    
Issuance of common stock      
Exercise of stock options, vesting of restricted stock units and other   2    
Issuance of common stock      
Exercise of stock options, vesting of restricted stock units and other     155,805  
Net Income $ 576,944     576,944
Cash dividends declared       (708,653)
Balance at May. 31, 2018 20,506,630 $ 5,905 6,286,952 14,213,773
Balance (in shares) at Feb. 28, 2018   5,903,436    
Repurchase and retirement of common stock (in shares)      
Exercise of stock options, vesting of restricted stock units and other (in shares)   2,000    
Balance (in shares) at May. 31, 2018   5,905,436    
Adoption of ASC 606       925,929
Balance at Feb. 28, 2019   $ 5,958 6,650,864 13,733,010
Repurchase and retirement of common stock    
Issuance of common stock      
Exercise of stock options, vesting of restricted stock units and other   4    
Issuance of common stock      
Exercise of stock options, vesting of restricted stock units and other     231,250  
Net Income 711,609     711,609
Cash dividends declared       (716,139)
Balance at May. 31, 2019 $ 20,616,556 $ 5,962 $ 6,882,114 13,728,480
Balance (in shares) at Feb. 28, 2019 5,957,827 5,957,827    
Repurchase and retirement of common stock (in shares)      
Exercise of stock options, vesting of restricted stock units and other (in shares)   4,500    
Balance (in shares) at May. 31, 2019 5,962,327 5,962,327    
Adoption of ASC 606