• Filing Date: 2019-07-15
  • Form Type: 10-Q
  • Description: Quarterly report
v3.19.2
Note 2 - Earnings Per Share
3 Months Ended
May 31, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]
NOTE
2
- EARNINGS PER SHARE
 
Basic earnings per share is calculated using the weighted-average number of common shares outstanding. Diluted earnings per share reflects the potential dilution that could occur from common shares issuable through stock options and restricted stock units. For FY
2019
and FY
2018,
no
stock options were excluded from diluted shares as there were
no
stock options outstanding. Restricted stock units become dilutive within the period granted and remain dilutive until the units vest and are issued as common stock.