Rocky Mountain Chocolate Factory (RMCF) 10-K 15 May 18 2018 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Feb. 28, 2018	May 10, 2018	Aug. 31, 2017
Document Information [Line Items]
Entity Registrant Name	Rocky Mountain Chocolate Factory, Inc.
Entity Central Index Key	1,616,262
Trading Symbol	rmcf
Current Fiscal Year End Date	--02-28
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		5,905,436
Entity Public Float			$ 46,459,484
Document Type	10-K
Document Period End Date	Feb. 28, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Revenues
Total revenues	$ 38,074,695	$ 38,296,377	$ 40,456,895
Costs and Expenses
Cost of sales	21,176,711	20,735,739	20,866,482
Sales & marketing	2,489,483	2,658,421	2,466,469
General and administrative	3,904,560	4,005,142	4,663,914
Depreciation and amortization, exclusive of depreciation and amortization expense of $523,034, $447,651 and $404,391, respectively, included in cost of sales	796,221	841,058	1,015,910
Impairment of long-lived assets and goodwill			2,326,742
Restructuring charges		60,000
Total costs and expenses	32,853,826	32,771,893	36,743,909
Operating Income	5,220,869	5,524,484	3,712,986
Other Income (Expense)
Interest expense	(121,244)	(170,351)	(216,600)
Interest income	24,578	41,572	48,745
Other, net	(96,666)	(128,779)	(167,855)
Income Before Income Taxes	5,124,203	5,395,705	3,545,131
Income Tax Expense (Benefit)	2,160,295	1,945,589	(261,401)
Net Income	2,963,908	3,450,116	3,806,531
Less: Net loss attributable to non-controlling interest			(619,376)
Net Income attributable to RMCF stockholders	$ 2,963,908	$ 3,450,116	$ 4,425,907
Basic Earnings per Common Share (in dollars per share)	$ 0.50	$ 0.59	$ 0.75
Diluted Earnings per Common Share (in dollars per share)	$ 0.50	$ 0.58	$ 0.73
Weighted Average Common Shares Outstanding (in shares)	5,884,337	5,843,245	5,893,618
Dilutive Effect of Employee Stock Awards (in shares)	96,099	150,447	201,856
Weighted Average Common Shares Outstanding, Assuming Dilution (in shares)	5,980,436	5,993,692	6,095,474
Product [Member]
Revenues
Total revenues	$ 30,167,760	$ 29,876,507	$ 31,360,745
Franchise and Royalty Fees [Member]
Revenues
Total revenues	7,906,935	8,419,870	9,096,150
Franchise [Member]
Costs and Expenses
Costs	2,097,555	2,067,530	2,452,609
Retail [Member]
Costs and Expenses
Costs	$ 2,389,296	$ 2,404,003	$ 2,951,783

Consolidated Statements of Inc3

Consolidated Statements of Income (Parentheticals) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Depreciation and amortization expense	$ 523,034	$ 447,651	$ 404,391

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Feb. 28, 2018	Feb. 28, 2017
Current Assets
Cash and cash equivalents	$ 6,072,984	$ 5,779,195
Accounts receivable, less allowance for doubtful accounts of $479,472 and $487,446, respectively	3,897,334	3,855,823
Notes receivable, current portion, less current portion of the valuation allowance of $9,000 and $22,147, respectively	105,540	235,612
Refundable income taxes	342,863	47,863
Inventories, less reserve for slow moving inventory of $357,706 and $249,051, respectively	4,842,474	4,975,779
Other	310,173	256,548
Total current assets	15,571,368	15,150,820
Property and Equipment, Net	6,166,240	6,457,931
Other Assets
Notes receivable, less current portion and allowance for doubtful accounts of $17,500 and $26,500, respectively	235,983	370,769
Goodwill, net	1,046,944	1,046,944
Franchise rights, net	4,433,927	4,826,172
Intangible assets, net	587,377	632,207
Deferred income taxes	835,463	858,874
Other	63,333	74,639
Total other assets	7,203,027	7,809,605
Total Assets	28,940,635	29,418,356
Current Liabilities
Current maturities of long term debt	1,352,893	1,302,501
Accounts payable	1,647,991	1,820,470
Accrued salaries and wages	644,005	608,510
Gift card liabilities	3,057,131	2,921,585
Other accrued expenses	325,034	253,497
Dividend payable	708,652	702,525
Deferred income	471,910	451,171
Total current liabilities	8,207,616	8,060,259
Long-Term Debt, Less Current Maturities	1,176,416	2,529,240
Commitments and Contingencies
Stockholders' Equity
Preferred stock, $.001 par value per share; 250,000 authorized; -0- shares issued and outstanding; Series A Junior Participating Preferred Stock, authorized 50,000 shares; undesignated series, authorized 200,000 shares
Common stock, $.001 par value per share, 46,000,000 shares authorized, 5,903,436 and 5,854,372 issued, and 5,903,436 and 5,854,372 outstanding, respectively	5,903	5,854
Additional paid-in capital	6,131,147	5,539,357
Retained earnings	13,419,553	13,283,646
Total stockholders’ equity	19,556,603	18,828,857
Total Liabilities and Stockholders’ Equity	$ 28,940,635	$ 29,418,356

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($)	Feb. 28, 2018	Feb. 28, 2017
Accounts receivable, allowance for doubtful accounts	$ 479,472	$ 487,446
Notes receivable, current portion of valuation allowance	9,000	22,147
Inventories, reserve	357,706	249,051
Notes receivable, valuation allowance	$ 17,500	$ 26,500
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	200,000	200,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	46,000,000	46,000,000
Common stock, shares issued (in shares)	5,903,436	5,854,372
Common stock, shares outstanding (in shares)	5,903,436	5,854,372
Series A Preferred Stock [Member]
Preferred stock, shares authorized (in shares)	50,000	50,000
Undesignated Series [Member]
Preferred stock, shares authorized (in shares)	200,000	200,000

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)		Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]
Balance at beginning of year at Feb. 28, 2015			$ 180,384	$ 7,163,092	$ 11,524,708	$ 869,671
Exchange of $.03 par value per share for $.001 par value per share common stock			(174,371)
Repurchase and retirement of common stock			(233)	(3,030,475)
Issuance of common stock			4
Exercise of stock options, vesting of restricted stock units and other			55
Issuance of common stock				61,036
Exercise of stock options, vesting of restricted stock units and other				602,498
Transfers from non-controlling interest				349,800
Tax (expense) benefit from employee stock transactions				19,868
Net income (loss)		$ 4,425,907			4,425,907	(619,376)
Cash dividends declared					(2,817,736)
Correction of immaterial error	[1]
Deductions						(310,995)
Contributions						60,700
Balance at end of year at Feb. 29, 2016		18,478,908	$ 5,839	5,340,190	13,132,879
Balance at beginning of year (in shares) at Feb. 28, 2015			6,012,799
Repurchase and retirement of common stock (in shares)			(233,302)
Issuance of common stock (in shares)			4,000
Exercise of stock options, vesting of restricted stock units and other (in shares)			55,899
Balance at end of year (in shares) at Feb. 29, 2016			5,839,396
Exchange of $.03 par value per share for $.001 par value per share common stock				174,371
Exchange of $.03 par value per share for $.001 par value per share common stock
Repurchase and retirement of common stock			(35)	(351,548)
Issuance of common stock			2
Exercise of stock options, vesting of restricted stock units and other			48
Issuance of common stock				20,418
Exercise of stock options, vesting of restricted stock units and other				564,425
Transfers from non-controlling interest
Tax (expense) benefit from employee stock transactions				(34,128)
Net income (loss)		3,450,116			3,450,116
Cash dividends declared					(2,806,583)
Correction of immaterial error	[1]				(492,766)
Deductions
Contributions
Balance at end of year at Feb. 28, 2017		$ 18,828,857	$ 5,854	5,539,357	13,283,646
Repurchase and retirement of common stock (in shares)			(35,108)
Issuance of common stock (in shares)			2,000
Exercise of stock options, vesting of restricted stock units and other (in shares)			48,084
Balance at end of year (in shares) at Feb. 28, 2017		5,854,372	5,854,372
Exchange of $.03 par value per share for $.001 par value per share common stock
Exchange of $.03 par value per share for $.001 par value per share common stock
Repurchase and retirement of common stock
Issuance of common stock			5
Exercise of stock options, vesting of restricted stock units and other			44
Issuance of common stock				59,095
Exercise of stock options, vesting of restricted stock units and other				532,695
Transfers from non-controlling interest
Tax (expense) benefit from employee stock transactions
Net income (loss)		$ 2,963,908			2,963,908
Cash dividends declared					(2,828,001)
Correction of immaterial error	[1]
Deductions
Contributions
Balance at end of year at Feb. 28, 2018		$ 19,556,603	$ 5,903	6,131,147	$ 13,419,553
Repurchase and retirement of common stock (in shares)
Issuance of common stock (in shares)			5,000
Exercise of stock options, vesting of restricted stock units and other (in shares)			44,064
Balance at end of year (in shares) at Feb. 28, 2018		5,903,436	5,903,436
Exchange of $.03 par value per share for $.001 par value per share common stock
[1]	As revised. Refer to Note 16 for information on immaterial correction of errors in prior period.

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common Stock [Member]
Common stock, par value (in dollars per share)	0.001	0.001	$ 0.03
Additional Paid-in Capital [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.03

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Cash Flows From Operating Activities:
Net income	$ 2,963,908	$ 3,450,116	$ 3,806,531
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,319,255	1,288,709	1,420,301
Provision for loss on accounts and notes receivable	166,868	138,125	171,000
Provision for inventory loss	225,858	100,049	76,695
Asset impairment and store closure losses	0		2,319,003
Loss on sale of assets	38,496	37,112	90,149
Expense recorded for stock compensation	591,839	584,893	763,094
Deferred income taxes	23,411	262,248	(1,878,205)
Changes in operating assets and liabilities:
Accounts receivable	(229,948)	(128,404)	364,767
Refundable income taxes	(295,000)	(47,863)	172,945
Inventories	(365,323)	(2,735)	144,454
Other assets	(54,091)	29,442	24,415
Accounts payable	96,491	(87,657)	(310,533)
Accrued liabilities	242,578	(293,402)	154,800
Deferred income	33,270	(9,619)	(531,331)
Net cash provided by operating activities	4,757,612	5,321,014	6,788,085
Cash Flows From Investing Activities:
Additions to notes receivable	(14,293)	(133,202)	(46,489)
Proceeds received on notes receivable	230,637	318,219	368,122
(Cost of) proceeds from sale or distribution of assets	(7,926)	39,045	23,692
Intangible assets	(8,508)	(312,947)	(83,103)
Decrease (increase) in other assets	5,529	34,479	(212,860)
Purchase of property and equipment	(544,956)	(1,238,472)	(743,251)
Net cash used in investing activities	(339,517)	(1,292,878)	(693,889)
Cash Flows From Financing Activities:
Payments on long-term debt	(1,302,432)	(1,253,392)	(1,207,234)
Repurchase of common stock		(351,583)	(3,030,708)
Tax (expense) benefit of stock option exercise		(34,128)	19,868
Dividends paid	(2,821,874)	(2,804,786)	(2,838,545)
Net cash used in financing activities	(4,124,306)	(4,443,889)	(7,056,619)
Net Increase (Decrease) In Cash And Cash Equivalents	293,789	(415,753)	(962,423)
Cash And Cash Equivalents At Beginning Of Year	5,779,195	6,194,948	7,157,371
Cash And Cash Equivalents At End Of Year	$ 6,072,984	$ 5,779,195	$ 6,194,948

Note 1 - Nature of Operations a

Note 1 - Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	NOTE 1 Nature of Operations The accompanying consolidated financial statements include the accounts of Rocky Mountain Chocolate Factory, Inc., a Delaware corporation, its wholly-owned subsidiaries, Rocky Mountain Chocolate Factory, Inc. (a Colorado corporation) and Aspen Leaf Yogurt, LLC (“ALY”), its 46% February 29, 2016 The Company is an international franchisor, confectionery manufacturer and retail operator. Founded in 1981, In January 2013, two January 2013, 60% 46% February 28, 2018). In fiscal year (“FY”) 2014, February 29, 2016 February 29, 2016, February 29, 2016. February 28, 2018, no U-Swirl operates self-serve frozen yogurt cafés under the names “U-Swirl,” “Yogurtini,” “CherryBerry,” “Yogli Mogli Frozen Yogurt,” “Fuzzy Peach Frozen Yogurt,” “Let’s Yo!” and “Aspen Leaf Yogurt”. The Company’s revenues are currently derived from three The following table summarizes the number of stores operating under the Rocky Mountain Chocolate Factory brand and its subsidiaries at February 28, 2018: Sold, Not Yet Open Open Total Rocky Mountain Chocolate Factory Company-owned stores - 5 5 Franchise stores – Domestic stores and kiosks 8 183 191 International License Stores 1 67 68 Cold Stone Creamery – co-branded 6 87 93 U-Swirl cafés (Including all associated brands) Company-owned cafés - 2 2 Company-owned cafés – co-branded - 3 3 Franchise and license stores – North American cafés * 103 103 Franchise stores – North American – co-branded * 12 12 International franchise cafés - 1 1 Total 15 463 478 *U-Swirl cafés and the brands franchised by U-Swirl have historically utilized a development area sales model. The result is that many areas are under development and the rights to open cafés within the development areas have been established, but there is no Consolidation Management accounts for the activities of the Company and its subsidiaries, and the accompanying consolidated financial statements include the accounts of the Company and its subsidiaries. As described above, on January 14, 2013, January 14, 2013, January 14, 2013, February 29, 2016 February 29, 2016 February 29, 2016. February 29, 2016, no Cash Equivalents The Company considers all highly liquid instruments purchased with an original maturity of six $5.6 February 28, 2018. Accounts and Notes Receivable In the normal course of business, the Company extends credit to customers, primarily franchisees that satisfy pre-defined credit criteria. The Company believes that it has limited concentration of credit risk primarily because its receivables are secured by the assets of the franchisees to which the Company ordinarily extends credit, including, but not may February 28, 2018, $368,023 $26,500 4.5% 6%. September 2022 $349,000 Inventories Inventories are stated at the lower of cost or net realizable value. An inventory reserve is established to reduce the cost of obsolete, damaged and excess inventories to the lower of cost or net realizable value based on actual differences. This inventory reserve is determined through analysis of items held in inventory, and, if the recorded value is higher than the market value, the Company records an expense to reduce inventory to its actual market value. The process by which the Company performs its analysis is conducted on an item by item basis and takes into account, among other relevant factors, market value, sales history and future sales potential. Cost is determined using the first first Property and Equipment and Other Assets Property and equipment are recorded at cost. Depreciation and amortization are computed using the straight-line method based upon the estimated useful life of the asset, which range from five thirty-nine The Company reviews its long-lived assets through analysis of estimated fair value, including identifiable intangible assets, whenever events or changes indicate the carrying amount of such assets may not Income Taxes The Company provides for income taxes pursuant to the liability method. The liability method requires recognition of deferred income taxes based on temporary differences between financial reporting and income tax bases of assets and liabilities, using current enacted income tax rates and regulations. These differences will result in taxable income or deductions in future years when the reported amount of the asset or liability is recovered or settled, respectively. Considerable judgment is required in determining when these events may not. 2016 2016 100%, 2017. 2016. fourth 2017 382 16. 6. Gift C ard B reakage The Company and its franchisees sell gift cards that are redeemable for product in our stores. The Company manages the gift card program, and therefore collects all funds from the activation of gift cards and reimburses franchisees for the redemption of gift cards in their stores. A liability for unredeemed gift cards is included in accounts payable and accrued liabilities in the balance sheets. There are no not may not February 28, 2018 2017. $3,057,131 $2,921,585 February 28, 2018 2017, Goodwill Goodwill arose from three first second The Company performs a goodwill impairment test on an annual basis or more frequently when events or circumstances indicate that the carrying value of a reporting unit more likely than not February 29, 2016 February 29, 2016, $1,930,529 fourth 2016, 13 Franchise Rights Franchise rights arose from the entry into agreements to acquire substantially all of the franchise rights of Yogurtini, CherryBerry, Fuzzy Peach, Let’s Yo! and Yogli Mogli. Franchise rights are amortized over a period of 20 Insurance and Self-Insurance Reserves The Company uses a combination of insurance and self-insurance plans to provide for the potential liabilities for workers’ compensation, general liability, property insurance, director and officers’ liability insurance, vehicle liability and employee health care benefits. Liabilities associated with the risks that are retained by the Company are estimated, in part, by considering historical claims experience, demographic factors, severity factors and other assumptions. While the Company believes that its assumptions are appropriate, the estimated accruals for these liabilities could be significantly affected if future occurrences and claims differ from these assumptions and historical trends. Sales Sales of products to franchisees and other customers are recognized at the time of delivery. Sales of products to franchisees and other customers are made at standard prices, without any bargain sales of equipment or supplies. Sales of products at retail stores are recognized at the time of sale. Rebates Rebates received from purveyors that supply products to the Company’s franchisees are included in franchise royalties and fees. Product rebates are recognized in the period in which they are earned. Rebates related to Company-owned locations are offset against operating costs. Shipping Fees Shipping fees charged to customers by the Company’s trucking department are reported as sales. Shipping costs incurred by the Company for inventory are reported as cost of sales or inventory. Franchise and Royalty Fees Franchise fee revenue is recognized upon opening of the franchise store. In addition to the initial franchise fee, the Company also recognizes a marketing and promotion fee of one 1% third 2004, no ten 10% third 2004 five 5% 2.5% 6% In certain instances, the Company is required to pay a portion of franchise fee revenue, or royalty fees to parties the Company has contracted with to assist in developing and growing a brand. The agreements generally include Development Agents, or commissioned brokers who are paid a portion of the initial franchise fee, a portion of the ongoing royalty fees, or both. When such agreements exist, the Company reports franchise fee and royalty fee revenues net of the amount paid, or due, to the agent/broker. Use of Estimates In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, the disclosure of contingent assets and liabilities, at the date of the consolidated financial statements, and revenues and expenses during the reporting period. Actual results could differ from those estimates. Vulnerability Due to Certain Concentrations Revenue from one $5.1 13% February 28, 2018. may Stock-Based Compensation At February 28, 2018, 2007 The Company recognized $591,839, $584,893, $763,094 February 28 29, 2018, 2017 2016, Beginning March 1, 2017, No. 2019 09, March 1, 2017 February 28 29, 2017 2016 34,128 $19,868, During FY 2018 2017, no no 2018 2017. 17 20% five six $532,739 2018 $564,473 2017. February 28, 2018 $620,753, 1.3 The Company did not February 28, 2018 2,000 February 28, 2017. $0 $20,420 February 28, 2018 2017, During the year ended February 28, 2018, 5,000 $59,100 February 28, 2018. Earnings P er Share Basic earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding during each year. Diluted earnings per share reflects the potential dilution that could occur from common shares issuable through stock options and restricted stock units. Following the expiration of all outstanding options, during FY 2018 2017, no 2016, 12,936 Advertising and Promotional Expenses The Company expenses advertising costs as incurred. Total advertising expense for RMCF amounted to $355,678, $279,698, $215,314 February 28 29, 2018, 2017 2016, $222,093, $335,771, $460,034 February 28 29, 2018, 2017 2016, Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, trade receivables, payables, notes payable and notes receivable. The fair value of all instruments approximates the carrying value, because of the relatively short maturity of these instruments. Recent Accounting Pronouncements In June 2016, 2016 13, 326 2016 13 2016 13 2016 13 March 1, 2020 2016 13 In February 2016, 2016 02, 842 840 December 15, 2018, 2016 02 2016 02 not 2016 02 In January 2016, 2016 01, 825 10 2016 01 first 2019, not In May 2014, No. 2014 09, 606 605, December 15, 2017, December 31, 2016. March 1, 2018. not 606 no not 15% No

Note 2 - Inventories

Note 2 - Inventories	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 2 Inventories consist of the following at February 28: 2018 2017 Ingredients and supplies $ 2,764,727 $ 3,021,220 Finished candy 2,371,610 2,137,609 U-Swirl food and packaging 63,843 66,001 Reserve for slow moving inventory (357,706 ) (249,051 ) Total inventories $ 4,842,474 $ 4,975,779

Note 3 - Property and Equipment

Note 3 - Property and Equipment, Net	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 3 Property and equipment consists of the following at February 28: 2018 2017 Land $ 513,618 $ 513,618 Building 4,905,103 4,787,855 Machinery and equipment 10,686,631 10,598,355 Furniture and fixtures 1,067,788 1,047,319 Leasehold improvements 1,568,260 1,531,112 Transportation equipment 434,091 418,402 Asset impairment (62,891 ) (47,891 ) 19,112,600 18,848,770 Less accumulated depreciation 12,946,360 12,390,839 Property and equipment, net $ 6,166,240 $ 6,457,931

Note 4 - Line of Credit and Lon

Note 4 - Line of Credit and Long-term Debt	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Long-term Debt [Text Block]	NOTE 4 Line of Credit At February 28, 2018, $5 may 50% 50% 2.25% 3.9% February 28, 2018). February 28, 2018, $5 February 28, 2018, September 2019 Effective January 16, 2014, $7.0 first $6.4 January 16, 2014 first February 28, 2014. 3.75% January 15, 2020. may Long-term debt consists of the following at February 28: 2018 2017 Note payable in monthly installments of principal and interest at 3.75% per annum through December 2019 collateralized by substantially all business assets. $ 2,529,309 $ 3,831,741 Less current maturities 1,352,893 1,302,501 Long-term obligations $ 1,176,416 $ 2,529,240 The following is a schedule by year of maturities of long-term debt for the years ending February 28 29: 2019 $ 1,352,893 2020 1,176,416 Total $ 2,529,309

Note 5 - Commitments and Contin

Note 5 - Commitments and Contingencies	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Contingencies Disclosure [Text Block]	NOTE 5 Operating Leases The Company conducts its retail operations in facilities leased under non-cancelable operating leases of up to ten five ten The following is a schedule by year of future minimum rental payments required under such leases for the years ending February 28 29: 2019 $ 572,000 2020 272,000 2021 49,000 2022 49,000 2023 49,000 Thereafter 145,000 Total $ 1,136,000 The Company acts as primary lessee of some franchised store premises, which the Company then subleases to franchisees, but the majority of existing locations are leased by the franchisee directly. The Company’s current policy is not March 31, 2018, three 297 1 In some instances, the Company has leased space for its Company-owned locations that are now occupied by franchisees. When the Company-owned location was sold or transferred, the store was subleased to the franchisee who is responsible for the monthly rent and other obligations under the lease. The Company's liability as primary lessee on sublet franchise outlets, all of which is fully offset by sublease rentals, is as follows for the years ending February 28 29: 2019 $ 90,000 2020 81,000 2021 83,000 2022 29,000 Total $ 283,000 The following is a schedule of lease expense for all retail operating leases for the three February 28 29: 2018 2017 2016 Minimum rentals $ 1,270,240 $ 944,938 $ 1,187,003 Less sublease rentals (603,000 ) (318,000 ) (479,000 ) Contingent rentals 26,100 25,200 22,200 $ 693,340 $ 652,138 $ 730,203 In FY 2018, February 28 29: 2019 $ 117,000 2020 121,000 2021 125,000 2022 129,000 2023 134,000 Thereafter 34,000 Total $ 660,000 The Company also leases trucking equipment under operating leases. The following is a schedule by year of future minimum rental payments required under such leases for the years ending February 28 29: 2019 $ 310,000 2020 288,000 2021 288,000 2022 223,000 Total $ 1,109,000 The following is a schedule of lease expense for trucking equipment operating leases for the three February 28 29: 2018 2017 2016 225,992 220,791 182,006 Purchase contracts The Company frequently enters into purchase contracts of between six eighteen may may may February 28, 2018, $529,000

Note 6 - Income Taxes

Note 6 - Income Taxes	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 6 Income tax expense (benefit) is comprised of the following for the years ended February 28 29: 2018 2017 2016 Current Federal $ 1,916,720 $ 1,411,126 $ 1,420,811 State 220,164 272,214 195,993 Total Current 2,136,884 1,683,340 1,616,804 Deferred Federal 55,658 240,233 (1,725,919 ) State (32,247 ) 22,015 (152,286 ) Total Deferred 23,411 262,248 (1,878,205 ) Total $ 2,160,295 $ 1,945,588 $ (261,401 ) A reconciliation of the statutory federal income tax rate and the effective rate as a percentage of pretax income is as follows for the years ended February 28 29: 2018 2017 2016 Statutory rate 31.9 % 34.0 % 34.0 % State income taxes, net of federal benefit 2.4 % 3.6 % 0.8 % Domestic production deduction (0.9% ) (1.1% ) (3.0% ) Work opportunity tax credits (0.2% ) (0.4% ) - Statutory rate change - - (1.6% ) Other 0.8 % 0.0 % 0.5 % U-Swirl loss carryforward recognized - - (1.8% ) Valuation allowance, U-Swirl Consolidated loss - - (36.3% ) Impact of Tax Reform 8.2 % - - Effective rate – provision (benefit) 42.2 % 36.1 % (7.4% ) The components of deferred income taxes at February 28 Deferred Tax Assets 2018 2017 Allowance for doubtful accounts and notes $ 124,469 $ 198,354 Inventories 86,938 90,027 Accrued compensation 130,049 188,002 Loss provisions and deferred income 817,945 1,175,351 Self-insurance accrual 38,868 37,000 Amortization 520,379 782,683 Restructuring charges 98,728 148,494 U-Swirl accumulated net loss 258,173 164,035 Valuation allowance (98,728 ) (148,494 ) Net deferred tax assets 1,976,821 2,635,452 Deferred Tax Liabilities Depreciation and amortization (1,066,113 ) (1,683,778 ) Prepaid expenses (75,245 ) (92,800 ) Deferred tax liabilities $ (1,141,358 ) $ (1,776,578 ) Net deferred tax assets $ 835,463 $ 858,874 The following table summarizes deferred income tax valuation allowances as of February 28: 2018 2017 Valuation allowance at beginning of period $ 148,494 $ 148,494 Tax expense (benefits) realized by valuation allowance - - Tax benefits released from valuation allowance - - Impact of Tax Reform (49,766 ) - Valuation allowance at end of period $ 98,728 $ 148,494 Income tax expense for the year ended February 28, 2018 February 28, 2017, 21% $421,000 February 29, 2016 2016 $2,149,000 80% 2017. For the year ended February 29, 2016 two 39% March 1, 2016, The Company files income tax returns in the U.S. federal and various state taxing jurisdictions. With few exceptions, the Company is no 2013. February 28, 2015 2014 not Realization of the Company's deferred tax assets is dependent upon the Company generating sufficient taxable income, in the appropriate tax jurisdictions, in future years to obtain benefit from the reversal of net deductible temporary differences. The amount of deferred tax assets considered realizable is subject to adjustment in future periods if estimates of future taxable income are changed. Management believes that, with the exception of the deferred tax asset related to restructuring charges, it is more likely than not February 28, 2018. The Company accounts for uncertainty in income taxes by recognizing the tax benefit from an uncertain tax position only if it is more likely than not 50% may not February 28, 2018 2017. not not twelve February 28, 2018 2017. As of February 29, 2016, February 28, 2015, February 29, 2016, not In accordance with Section 382 may January 2013 February 2016 2017 The Company estimates that the potential future tax deductions of U-Swirl’s Federal net operating losses, limited by section 382, $1,050,000 $258,173. 2026.

Note 7 - Stockholders' Equity

Note 7 - Stockholders' Equity	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 7 Cash Dividend The Company paid a quarterly cash dividend of $0.12 March 10, 2017 February 24, 2017. $0.12 June 16, 2017 June 6, 2017. $0.12 September 15, 2017 September 5, 2017. $0.12 December 8, 2017 November 24, 2017. $0.12 February 15, 2018, March 16, 2018 March 6, 2018. Future declarations of dividends will depend on, among other things, the Company's results of operations, financial condition, capital requirements, and on such other factors as the Company's Board of Directors may Stock Repurchases On July 15, 2014, $3.0 January 13, 2015, $2,058,000 May 21, 2015, $2,090,000 FY 2017 , 35,108 $10.01 not twelve February 28, 2018. February 28, 2018, $638,000

Note 8 - Stock Compensation Pla

Note 8 - Stock Compensation Plans	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 8 In FY 2014, 2007 “2007 2007 2007 February 28, 2018: Original share authorization: 300,000 Prior plan shares authorized and incorporated in the 2007 Plan: 85,340 Additional shares authorized through 2007 Plan amendment: 300,000 Available for award: 685,340 Cancelled/forfeited: 196,325 Shares awarded as unrestricted shares, stock options or restricted stock units: (552,076 ) Shares available for award: 329,589 Information with respect to stock option awards outstanding under the 2007 February 28, 2018, three Twelve Months Ended February 28 or 29: 2018 2017 2016 Outstanding stock options at beginning of year: - 12,936 12,936 Granted - - - Exercised - - - Cancelled/forfeited - (12,936 ) - Outstanding stock options as of February 28 or 29: - - 12,936 Weighted average exercise price n/a n/a $ 12.94 Weighted average remaining contractual term (in years) n/a n/a 0.04 Information with respect to restricted stock unit awards outstanding under the 2007 February 28, 2018, three Twelve Months Ended February 28 or 29: 2018 2017 2016 Outstanding non-vested restricted stock units at beginning of year: 123,658 181,742 237,641 Granted - - - Vested (44,064 ) (48,084 ) (55,899 ) Cancelled/forfeited (2,000 ) (10,000 ) - Outstanding non-vested restricted stock units as of February 28 or 29: 77,594 123,658 181,742 Weighted average grant date fair value $ 12.16 $ 12.21 $ 12.22 Weighted average remaining vesting period (in years) 1.27 2.23 3.22

Note 9 - Operating Segments

Note 9 - Operating Segments	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	9 The Company classifies its business interests into five 1 FY 2018 Franchising Manufacturing Retail U-Swirl Other Total Total revenues $ 6,004,897 $ 27,491,089 $ 1,876,021 $ 4,142,085 $ - $ 39,514,092 Intersegment revenues (4,882 ) (1,434,515 ) - - - (1,439,397 ) Revenue from external customers 6,000,015 26,056,574 1,876,021 4,142,085 - 38,074,695 Segment profit (loss) 2,623,081 5,791,980 (37,102 ) 542,073 (3,795,829 ) 5,124,203 Total assets 1,157,158 12,729,659 1,134,876 8,125,171 5,793,771 28,940,635 Capital expenditures 15,429 429,545 33,056 11,899 55,027 544,956 Total depreciation & amortization $ 46,087 $ 540,033 $ 32,567 $ 576,162 $ 124,406 $ 1,319,255 FY 2017 Franchising Manufacturing Retail U-Swirl Other Total Total revenues $ 5,951,055 $ 26,678,514 $ 1,710,734 $ 5,216,076 $ - $ 39,556,379 Intersegment revenues (5,332 ) (1,254,670 ) - - - (1,260,002 ) Revenue from external customers 5,945,723 25,423,844 1,710,734 5,216,076 - 38,296,377 Segment profit (loss) 2,495,709 5,609,957 128,024 1,017,395 (3,855,380 ) 5,395,705 Total assets 1,216,241 12,900,070 1,101,461 9,124,822 5,075,762 29,418,356 Capital expenditures 15,480 966,619 17,047 40,924 198,402 1,238,472 Total depreciation & amortization $ 54,053 $ 463,996 $ 14,755 $ 622,654 $ 133,251 $ 1,288,709 FY 2016 Franchising Manufacturing Retail U-Swirl Other Total Total revenues $ 5,947,769 $ 27,726,443 $ 1,622,906 $ 6,535,646 $ - $ 41,832,764 Intersegment revenues (5,185 ) (1,370,684 ) - - - (1,375,869 ) Revenue from external customers 5,942,584 26,355,759 1,622,906 6,535,646 - 40,456,895 Segment profit (loss) 2,608,351 6,731,221 (2,591 ) (2,128,649 ) (3,663,201 ) 3,545,131 Total assets 1,205,616 11,980,933 1,008,783 10,126,209 5,994,184 30,315,725 Capital expenditures 76,762 432,473 3,306 66,476 164,234 743,251 Total depreciation & amortization $ 36,908 $ 406,082 $ 18,236 $ 802,953 $ 156,122 $ 1,420,301 Revenue from one $5.1 13.4 February 28, 2018, $4.1 10.6 February 28, 2017.

Note 10 - Supplemental Cash Flo

Note 10 - Supplemental Cash Flow Information	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Cash Flow, Supplemental Disclosures [Text Block]	NOTE 10 For the three February 28 29: Cash paid for: 2018 2017 2016 Income taxes paid $ 2,431,884 $ 1,997,751 $ 1,383,805 Interest, net 102,640 129,927 170,709 Accrued Inventory 258,247 531,017 298,032 Non-Cash Financing Activities: Dividend payable 708,652 702,525 700,728 Non-Cash Investing Activities: Sale or distribution of assets in exchange for notes receivable Long-lived assets - 20,989 127,500 Other assets $ - $ - $ 75,000

Note 11 - Employee Benefit Plan

Note 11 - Employee Benefit Plan	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE 11 The Company has a 401 401 3 25% 1.5% February 28 29, 2018, 2017 2016, $68,000, $66,000, $62,000,

Note 12 - Summarized Quarterly

Note 12 - Summarized Quarterly Data (Unaudited)	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Quarterly Financial Information [Text Block]	NOTE 12 Following is a summary of the quarterly results of operations for the fiscal years ended February 28, 2018 2017: Fiscal Quarter First Second Third Fourth Total 2018 Total revenue $ 9,346,447 $ 8,266,691 $ 9,961,572 $ 10,499,985 $ 38,074,695 Gross margin 2,191,974 2,210,910 2,311,579 2,276,586 8,991,049 Net income 813,672 928,284 751,056 470,896 2,963,908 Basic earnings per share 0.14 0.16 0.13 0.08 0.50 Dilute earnings per share $ 0.14 $ 0.16 $ 0.13 $ 0.08 $ 0.50 Fiscal Quarter First Second Third Fourth Total 2017 Total revenue $ 9,376,199 $ 8,601,962 $ 9,955,239 $ 10,362,977 $ 38,296,377 Gross margin 2,222,405 2,289,011 2,706,456 1,922,896 9,140,768 Net income 731,834 974,813 1,011,799 731,670 3,450,116 Basic earnings per share 0.13 0.17 0.17 0.13 0.59 Diluted earnings per share $ 0.12 $ 0.16 $ 0.17 $ 0.12 $ 0.58

Note 13 - Goodwill and Intangib

Note 13 - Goodwill and Intangible Assets	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 13 Intangible assets consist of the following at February 28: 2018 2017 Amortization Period Gross Carrying Value Accumulated Amortization Gross Carrying Value Accumulated Amortization Intangible assets subject to amortization Store design 10 $ 220,778 $ 212,653 $ 220,778 $ 211,152 Packaging licenses 3 - 5 120,830 120,830 120,830 120,830 Packaging design 10 430,973 430,973 430,973 430,973 Trademark/Non-competition agreements 5 - 20 715,339 136,087 715,339 92,758 Franchise Rights 20 5,979,637 1,545,710 5,971,129 1,144,957 Total 7,467,557 2,446,253 7,459,049 2,000,670 Intangible assets not subject to amortization Franchising segment Company stores goodwill 1,099,328 267,020 1,099,328 267,020 Franchising goodwill 295,000 197,682 295,000 197,682 Manufacturing segment-Goodwill 295,000 197,682 295,000 197,682 Trademark-indefinite life 20,000 - 20,000 - Total 1,709,328 662,384 1,709,328 662,384 Total intangible assets $ 9,176,885 $ 3,108,637 $ 9,168,377 $ 2,663,054 Effective March 1, 2002, 350, no not March 1, 2002. On February 29, 2016, 1, February 29, 2016, $1,930,529 $1,930,529 The following are events that have indicated that it is more likely than not ● SWRL was unable to repay the obligations under the SWRL Loan Agreement, and as a result, the Company foreclosed on all of the outstanding stock of U-Swirl International, Inc. as of February 29, 2016 ● The loan covenant for SWRL required that SWRL maintain adjusted EBITDA of $1,804,000 twelve $1,532,000 $1,284,000. ● SWRL franchise stores in operation has declined from a peak of 287 August 31, 2014 210 February 28, 2016. ● During the three six August 31, 2015, Amortization expense related to intangible assets totaled $446,050, $427,840, $378,373 February 28 29, 2018, 2017 2016, At February 28, 2018, 2019 $ 452,069 2020 438,912 2021 427,203 2022 404,022 2023 389,119 Thereafter 2,909,979 Total $ 5,021,304

Note 14 - Impairment of Long-li

Note 14 - Impairment of Long-lived Retail Assets And Restructuring Charges	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	NOTE 14 Restructuring and acquisition charges consisted of lease settlement costs of $60,000 2017 $2,326,742 2016. no 2018.

Note 15 - Subsequent Events

Note 15 - Subsequent Events	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 15 On May 10, 2018, first FY2019 $0.12 June 15, 2018 June 5, 2018.

Note 16 - Immaterial Revision o

Note 16 - Immaterial Revision of Previously Reported Income Taxes and Deferred Tax Liabilities	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
Accounting Changes and Error Corrections [Text Block]	NOTE 16 In the fourth 2017, The Company determined that this error was not not February 28, 2017 10 492,766 $192,233 300,533 February 28, 2017.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Feb. 28, 2018
Notes to Financial Statements
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	SCHEDULE II - Valuation and Qualifying Accounts Balance at Beginning of Period Additions Charged to Costs & Exp. Deductions Balance at End of Period Year Ended February 28, 2018 Valuation Allowance for Accounts and Notes Receivable 536,093 166,868 196,989 505,972 Year Ended February 29, 2017 Valuation Allowance for Accounts and Notes Receivable 670,471 138,125 272,503 536,093 Year Ended February 28, 2016 Valuation Allowance for Accounts and Notes Receivable 729,060 171,000 229,589 670,471

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Feb. 28, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Nature of Operations The accompanying consolidated financial statements include the accounts of Rocky Mountain Chocolate Factory, Inc., a Delaware corporation, its wholly-owned subsidiaries, Rocky Mountain Chocolate Factory, Inc. (a Colorado corporation) and Aspen Leaf Yogurt, LLC (“ALY”), its 46% February 29, 2016 The Company is an international franchisor, confectionery manufacturer and retail operator. Founded in 1981, In January 2013, two January 2013, 60% 46% February 28, 2018). In fiscal year (“FY”) 2014, February 29, 2016 February 29, 2016, February 29, 2016. February 28, 2018, no U-Swirl operates self-serve frozen yogurt cafés under the names “U-Swirl,” “Yogurtini,” “CherryBerry,” “Yogli Mogli Frozen Yogurt,” “Fuzzy Peach Frozen Yogurt,” “Let’s Yo!” and “Aspen Leaf Yogurt”. The Company’s revenues are currently derived from three The following table summarizes the number of stores operating under the Rocky Mountain Chocolate Factory brand and its subsidiaries at February 28, 2018: Sold, Not Yet Open Open Total Rocky Mountain Chocolate Factory Company-owned stores - 5 5 Franchise stores – Domestic stores and kiosks 8 183 191 International License Stores 1 67 68 Cold Stone Creamery – co-branded 6 87 93 U-Swirl cafés (Including all associated brands) Company-owned cafés - 2 2 Company-owned cafés – co-branded - 3 3 Franchise and license stores – North American cafés * 103 103 Franchise stores – North American – co-branded * 12 12 International franchise cafés - 1 1 Total 15 463 478 *U-Swirl cafés and the brands franchised by U-Swirl have historically utilized a development area sales model. The result is that many areas are under development and the rights to open cafés within the development areas have been established, but there is no
Consolidation, Policy [Policy Text Block]	Consolidation Management accounts for the activities of the Company and its subsidiaries, and the accompanying consolidated financial statements include the accounts of the Company and its subsidiaries. As described above, on January 14, 2013, January 14, 2013, January 14, 2013, February 29, 2016 February 29, 2016 February 29, 2016. February 29, 2016, no
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash Equivalents The Company considers all highly liquid instruments purchased with an original maturity of six $5.6 February 28, 2018.
Receivables, Policy [Policy Text Block]	Accounts and Notes Receivable In the normal course of business, the Company extends credit to customers, primarily franchisees that satisfy pre-defined credit criteria. The Company believes that it has limited concentration of credit risk primarily because its receivables are secured by the assets of the franchisees to which the Company ordinarily extends credit, including, but not may February 28, 2018, $368,023 $26,500 4.5% 6%. September 2022 $349,000
Inventory, Policy [Policy Text Block]	Inventories Inventories are stated at the lower of cost or net realizable value. An inventory reserve is established to reduce the cost of obsolete, damaged and excess inventories to the lower of cost or net realizable value based on actual differences. This inventory reserve is determined through analysis of items held in inventory, and, if the recorded value is higher than the market value, the Company records an expense to reduce inventory to its actual market value. The process by which the Company performs its analysis is conducted on an item by item basis and takes into account, among other relevant factors, market value, sales history and future sales potential. Cost is determined using the first first
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment and Other Assets Property and equipment are recorded at cost. Depreciation and amortization are computed using the straight-line method based upon the estimated useful life of the asset, which range from five thirty-nine The Company reviews its long-lived assets through analysis of estimated fair value, including identifiable intangible assets, whenever events or changes indicate the carrying amount of such assets may not
Income Tax, Policy [Policy Text Block]	Income Taxes The Company provides for income taxes pursuant to the liability method. The liability method requires recognition of deferred income taxes based on temporary differences between financial reporting and income tax bases of assets and liabilities, using current enacted income tax rates and regulations. These differences will result in taxable income or deductions in future years when the reported amount of the asset or liability is recovered or settled, respectively. Considerable judgment is required in determining when these events may not. 2016 2016 100%, 2017. 2016. fourth 2017 382 16. 6.
Gift Card Breakage, Policy [Policy Text Block]	Gift C ard B reakage The Company and its franchisees sell gift cards that are redeemable for product in our stores. The Company manages the gift card program, and therefore collects all funds from the activation of gift cards and reimburses franchisees for the redemption of gift cards in their stores. A liability for unredeemed gift cards is included in accounts payable and accrued liabilities in the balance sheets. There are no not may not February 28, 2018 2017. $3,057,131 $2,921,585 February 28, 2018 2017,
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill Goodwill arose from three first second The Company performs a goodwill impairment test on an annual basis or more frequently when events or circumstances indicate that the carrying value of a reporting unit more likely than not February 29, 2016 February 29, 2016, $1,930,529 fourth 2016, 13
Goodwill and Intangible Assets, Policy [Policy Text Block]	Franchise Rights Franchise rights arose from the entry into agreements to acquire substantially all of the franchise rights of Yogurtini, CherryBerry, Fuzzy Peach, Let’s Yo! and Yogli Mogli. Franchise rights are amortized over a period of 20
Insurance and Self-Insurance Reserves [Policy Text Block]	Insurance and Self-Insurance Reserves The Company uses a combination of insurance and self-insurance plans to provide for the potential liabilities for workers’ compensation, general liability, property insurance, director and officers’ liability insurance, vehicle liability and employee health care benefits. Liabilities associated with the risks that are retained by the Company are estimated, in part, by considering historical claims experience, demographic factors, severity factors and other assumptions. While the Company believes that its assumptions are appropriate, the estimated accruals for these liabilities could be significantly affected if future occurrences and claims differ from these assumptions and historical trends.
Revenue Recognition, Policy [Policy Text Block]	Sales Sales of products to franchisees and other customers are recognized at the time of delivery. Sales of products to franchisees and other customers are made at standard prices, without any bargain sales of equipment or supplies. Sales of products at retail stores are recognized at the time of sale. Rebates Rebates received from purveyors that supply products to the Company’s franchisees are included in franchise royalties and fees. Product rebates are recognized in the period in which they are earned. Rebates related to Company-owned locations are offset against operating costs. Shipping Fees Shipping fees charged to customers by the Company’s trucking department are reported as sales. Shipping costs incurred by the Company for inventory are reported as cost of sales or inventory. Franchise and Royalty Fees Franchise fee revenue is recognized upon opening of the franchise store. In addition to the initial franchise fee, the Company also recognizes a marketing and promotion fee of one 1% third 2004, no ten 10% third 2004 five 5% 2.5% 6% In certain instances, the Company is required to pay a portion of franchise fee revenue, or royalty fees to parties the Company has contracted with to assist in developing and growing a brand. The agreements generally include Development Agents, or commissioned brokers who are paid a portion of the initial franchise fee, a portion of the ongoing royalty fees, or both. When such agreements exist, the Company reports franchise fee and royalty fee revenues net of the amount paid, or due, to the agent/broker.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, the disclosure of contingent assets and liabilities, at the date of the consolidated financial statements, and revenues and expenses during the reporting period. Actual results could differ from those estimates.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Vulnerability Due to Certain Concentrations Revenue from one $5.1 13% February 28, 2018. may
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation At February 28, 2018, 2007 The Company recognized $591,839, $584,893, $763,094 February 28 29, 2018, 2017 2016, Beginning March 1, 2017, No. 2019 09, March 1, 2017 February 28 29, 2017 2016 34,128 $19,868, During FY 2018 2017, no no 2018 2017. 17 20% five six $532,739 2018 $564,473 2017. February 28, 2018 $620,753, 1.3 The Company did not February 28, 2018 2,000 February 28, 2017. $0 $20,420 February 28, 2018 2017, During the year ended February 28, 2018, 5,000 $59,100 February 28, 2018.
Earnings Per Share, Policy [Policy Text Block]	Earnings P er Share Basic earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding during each year. Diluted earnings per share reflects the potential dilution that could occur from common shares issuable through stock options and restricted stock units. Following the expiration of all outstanding options, during FY 2018 2017, no 2016, 12,936
Advertising Costs, Policy [Policy Text Block]	Advertising and Promotional Expenses The Company expenses advertising costs as incurred. Total advertising expense for RMCF amounted to $355,678, $279,698, $215,314 February 28 29, 2018, 2017 2016, $222,093, $335,771, $460,034 February 28 29, 2018, 2017 2016,
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, trade receivables, payables, notes payable and notes receivable. The fair value of all instruments approximates the carrying value, because of the relatively short maturity of these instruments.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In June 2016, 2016 13, 326 2016 13 2016 13 2016 13 March 1, 2020 2016 13 In February 2016, 2016 02, 842 840 December 15, 2018, 2016 02 2016 02 not 2016 02 In January 2016, 2016 01, 825 10 2016 01 first 2019, not In May 2014, No. 2014 09, 606 605, December 15, 2017, December 31, 2016. March 1, 2018. not 606 no not 15% No

Note 1 - Nature of Operations27

Note 1 - Nature of Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Number of Stores [Table Text Block]	Sold, Not Yet Open Open Total Rocky Mountain Chocolate Factory Company-owned stores - 5 5 Franchise stores – Domestic stores and kiosks 8 183 191 International License Stores 1 67 68 Cold Stone Creamery – co-branded 6 87 93 U-Swirl cafés (Including all associated brands) Company-owned cafés - 2 2 Company-owned cafés – co-branded - 3 3 Franchise and license stores – North American cafés * 103 103 Franchise stores – North American – co-branded * 12 12 International franchise cafés - 1 1 Total 15 463 478

Note 2 - Inventories (Tables)

Note 2 - Inventories (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Schedule of Inventory, Current [Table Text Block]	2018 2017 Ingredients and supplies $ 2,764,727 $ 3,021,220 Finished candy 2,371,610 2,137,609 U-Swirl food and packaging 63,843 66,001 Reserve for slow moving inventory (357,706 ) (249,051 ) Total inventories $ 4,842,474 $ 4,975,779

Note 3 - Property and Equipme29

Note 3 - Property and Equipment, Net (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Property, Plant and Equipment [Table Text Block]	2018 2017 Land $ 513,618 $ 513,618 Building 4,905,103 4,787,855 Machinery and equipment 10,686,631 10,598,355 Furniture and fixtures 1,067,788 1,047,319 Leasehold improvements 1,568,260 1,531,112 Transportation equipment 434,091 418,402 Asset impairment (62,891 ) (47,891 ) 19,112,600 18,848,770 Less accumulated depreciation 12,946,360 12,390,839 Property and equipment, net $ 6,166,240 $ 6,457,931

Note 4 - Line of Credit and L30

Note 4 - Line of Credit and Long-term Debt (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	2018 2017 Note payable in monthly installments of principal and interest at 3.75% per annum through December 2019 collateralized by substantially all business assets. $ 2,529,309 $ 3,831,741 Less current maturities 1,352,893 1,302,501 Long-term obligations $ 1,176,416 $ 2,529,240
Schedule of Maturities of Long-term Debt [Table Text Block]	2019 $ 1,352,893 2020 1,176,416 Total $ 2,529,309

Note 5 - Commitments and Cont31

Note 5 - Commitments and Contingencies (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	2019 $ 572,000 2020 272,000 2021 49,000 2022 49,000 2023 49,000 Thereafter 145,000 Total $ 1,136,000 2019 $ 117,000 2020 121,000 2021 125,000 2022 129,000 2023 134,000 Thereafter 34,000 Total $ 660,000 2019 $ 310,000 2020 288,000 2021 288,000 2022 223,000 Total $ 1,109,000
Schedule of Future Sublease Rental Payments [Table Text Block]	2019 $ 90,000 2020 81,000 2021 83,000 2022 29,000 Total $ 283,000
Schedule of Rent Expense [Table Text Block]	2018 2017 2016 Minimum rentals $ 1,270,240 $ 944,938 $ 1,187,003 Less sublease rentals (603,000 ) (318,000 ) (479,000 ) Contingent rentals 26,100 25,200 22,200 $ 693,340 $ 652,138 $ 730,203 2018 2017 2016 225,992 220,791 182,006

Note 6 - Income Taxes (Tables)

Note 6 - Income Taxes (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	2018 2017 2016 Current Federal $ 1,916,720 $ 1,411,126 $ 1,420,811 State 220,164 272,214 195,993 Total Current 2,136,884 1,683,340 1,616,804 Deferred Federal 55,658 240,233 (1,725,919 ) State (32,247 ) 22,015 (152,286 ) Total Deferred 23,411 262,248 (1,878,205 ) Total $ 2,160,295 $ 1,945,588 $ (261,401 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2018 2017 2016 Statutory rate 31.9 % 34.0 % 34.0 % State income taxes, net of federal benefit 2.4 % 3.6 % 0.8 % Domestic production deduction (0.9% ) (1.1% ) (3.0% ) Work opportunity tax credits (0.2% ) (0.4% ) - Statutory rate change - - (1.6% ) Other 0.8 % 0.0 % 0.5 % U-Swirl loss carryforward recognized - - (1.8% ) Valuation allowance, U-Swirl Consolidated loss - - (36.3% ) Impact of Tax Reform 8.2 % - - Effective rate – provision (benefit) 42.2 % 36.1 % (7.4% )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred Tax Assets 2018 2017 Allowance for doubtful accounts and notes $ 124,469 $ 198,354 Inventories 86,938 90,027 Accrued compensation 130,049 188,002 Loss provisions and deferred income 817,945 1,175,351 Self-insurance accrual 38,868 37,000 Amortization 520,379 782,683 Restructuring charges 98,728 148,494 U-Swirl accumulated net loss 258,173 164,035 Valuation allowance (98,728 ) (148,494 ) Net deferred tax assets 1,976,821 2,635,452 Deferred Tax Liabilities Depreciation and amortization (1,066,113 ) (1,683,778 ) Prepaid expenses (75,245 ) (92,800 ) Deferred tax liabilities $ (1,141,358 ) $ (1,776,578 ) Net deferred tax assets $ 835,463 $ 858,874
Summary of Valuation Allowance [Table Text Block]	2018 2017 Valuation allowance at beginning of period $ 148,494 $ 148,494 Tax expense (benefits) realized by valuation allowance - - Tax benefits released from valuation allowance - - Impact of Tax Reform (49,766 ) - Valuation allowance at end of period $ 98,728 $ 148,494

Note 8 - Stock Compensation P33

Note 8 - Stock Compensation Plans (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	Original share authorization: 300,000 Prior plan shares authorized and incorporated in the 2007 Plan: 85,340 Additional shares authorized through 2007 Plan amendment: 300,000 Available for award: 685,340 Cancelled/forfeited: 196,325 Shares awarded as unrestricted shares, stock options or restricted stock units: (552,076 ) Shares available for award: 329,589
Share-based Compensation, Stock Options, Activity [Table Text Block]	Twelve Months Ended February 28 or 29: 2018 2017 2016 Outstanding stock options at beginning of year: - 12,936 12,936 Granted - - - Exercised - - - Cancelled/forfeited - (12,936 ) - Outstanding stock options as of February 28 or 29: - - 12,936 Weighted average exercise price n/a n/a $ 12.94 Weighted average remaining contractual term (in years) n/a n/a 0.04
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Twelve Months Ended February 28 or 29: 2018 2017 2016 Outstanding non-vested restricted stock units at beginning of year: 123,658 181,742 237,641 Granted - - - Vested (44,064 ) (48,084 ) (55,899 ) Cancelled/forfeited (2,000 ) (10,000 ) - Outstanding non-vested restricted stock units as of February 28 or 29: 77,594 123,658 181,742 Weighted average grant date fair value $ 12.16 $ 12.21 $ 12.22 Weighted average remaining vesting period (in years) 1.27 2.23 3.22

Note 9 - Operating Segments (Ta

Note 9 - Operating Segments (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	FY 2018 Franchising Manufacturing Retail U-Swirl Other Total Total revenues $ 6,004,897 $ 27,491,089 $ 1,876,021 $ 4,142,085 $ - $ 39,514,092 Intersegment revenues (4,882 ) (1,434,515 ) - - - (1,439,397 ) Revenue from external customers 6,000,015 26,056,574 1,876,021 4,142,085 - 38,074,695 Segment profit (loss) 2,623,081 5,791,980 (37,102 ) 542,073 (3,795,829 ) 5,124,203 Total assets 1,157,158 12,729,659 1,134,876 8,125,171 5,793,771 28,940,635 Capital expenditures 15,429 429,545 33,056 11,899 55,027 544,956 Total depreciation & amortization $ 46,087 $ 540,033 $ 32,567 $ 576,162 $ 124,406 $ 1,319,255 FY 2017 Franchising Manufacturing Retail U-Swirl Other Total Total revenues $ 5,951,055 $ 26,678,514 $ 1,710,734 $ 5,216,076 $ - $ 39,556,379 Intersegment revenues (5,332 ) (1,254,670 ) - - - (1,260,002 ) Revenue from external customers 5,945,723 25,423,844 1,710,734 5,216,076 - 38,296,377 Segment profit (loss) 2,495,709 5,609,957 128,024 1,017,395 (3,855,380 ) 5,395,705 Total assets 1,216,241 12,900,070 1,101,461 9,124,822 5,075,762 29,418,356 Capital expenditures 15,480 966,619 17,047 40,924 198,402 1,238,472 Total depreciation & amortization $ 54,053 $ 463,996 $ 14,755 $ 622,654 $ 133,251 $ 1,288,709 FY 2016 Franchising Manufacturing Retail U-Swirl Other Total Total revenues $ 5,947,769 $ 27,726,443 $ 1,622,906 $ 6,535,646 $ - $ 41,832,764 Intersegment revenues (5,185 ) (1,370,684 ) - - - (1,375,869 ) Revenue from external customers 5,942,584 26,355,759 1,622,906 6,535,646 - 40,456,895 Segment profit (loss) 2,608,351 6,731,221 (2,591 ) (2,128,649 ) (3,663,201 ) 3,545,131 Total assets 1,205,616 11,980,933 1,008,783 10,126,209 5,994,184 30,315,725 Capital expenditures 76,762 432,473 3,306 66,476 164,234 743,251 Total depreciation & amortization $ 36,908 $ 406,082 $ 18,236 $ 802,953 $ 156,122 $ 1,420,301

Note 10 - Supplemental Cash F35

Note 10 - Supplemental Cash Flow Information (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Cash paid for: 2018 2017 2016 Income taxes paid $ 2,431,884 $ 1,997,751 $ 1,383,805 Interest, net 102,640 129,927 170,709 Accrued Inventory 258,247 531,017 298,032 Non-Cash Financing Activities: Dividend payable 708,652 702,525 700,728 Non-Cash Investing Activities: Sale or distribution of assets in exchange for notes receivable Long-lived assets - 20,989 127,500 Other assets $ - $ - $ 75,000

Note 12 - Summarized Quarterl36

Note 12 - Summarized Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Quarterly Financial Information [Table Text Block]	First Second Third Fourth Total 2018 Total revenue $ 9,346,447 $ 8,266,691 $ 9,961,572 $ 10,499,985 $ 38,074,695 Gross margin 2,191,974 2,210,910 2,311,579 2,276,586 8,991,049 Net income 813,672 928,284 751,056 470,896 2,963,908 Basic earnings per share 0.14 0.16 0.13 0.08 0.50 Dilute earnings per share $ 0.14 $ 0.16 $ 0.13 $ 0.08 $ 0.50 First Second Third Fourth Total 2017 Total revenue $ 9,376,199 $ 8,601,962 $ 9,955,239 $ 10,362,977 $ 38,296,377 Gross margin 2,222,405 2,289,011 2,706,456 1,922,896 9,140,768 Net income 731,834 974,813 1,011,799 731,670 3,450,116 Basic earnings per share 0.13 0.17 0.17 0.13 0.59 Diluted earnings per share $ 0.12 $ 0.16 $ 0.17 $ 0.12 $ 0.58

Note 13 - Goodwill and Intang37

Note 13 - Goodwill and Intangible Assets (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	2018 2017 Amortization Period Gross Carrying Value Accumulated Amortization Gross Carrying Value Accumulated Amortization Intangible assets subject to amortization Store design 10 $ 220,778 $ 212,653 $ 220,778 $ 211,152 Packaging licenses 3 - 5 120,830 120,830 120,830 120,830 Packaging design 10 430,973 430,973 430,973 430,973 Trademark/Non-competition agreements 5 - 20 715,339 136,087 715,339 92,758 Franchise Rights 20 5,979,637 1,545,710 5,971,129 1,144,957 Total 7,467,557 2,446,253 7,459,049 2,000,670 Intangible assets not subject to amortization Franchising segment Company stores goodwill 1,099,328 267,020 1,099,328 267,020 Franchising goodwill 295,000 197,682 295,000 197,682 Manufacturing segment-Goodwill 295,000 197,682 295,000 197,682 Trademark-indefinite life 20,000 - 20,000 - Total 1,709,328 662,384 1,709,328 662,384 Total intangible assets $ 9,176,885 $ 3,108,637 $ 9,168,377 $ 2,663,054
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	2019 $ 452,069 2020 438,912 2021 427,203 2022 404,022 2023 389,119 Thereafter 2,909,979 Total $ 5,021,304

Schedule II - Valuation and Q38

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Feb. 28, 2018
Notes Tables
Valuation and Qualifying Accounts Disclosure [Table Text Block]	Balance at Beginning of Period Additions Charged to Costs & Exp. Deductions Balance at End of Period Year Ended February 28, 2018 Valuation Allowance for Accounts and Notes Receivable 536,093 166,868 196,989 505,972 Year Ended February 29, 2017 Valuation Allowance for Accounts and Notes Receivable 670,471 138,125 272,503 536,093 Year Ended February 28, 2016 Valuation Allowance for Accounts and Notes Receivable 729,060 171,000 229,589 670,471

Note 1 - Nature of Operations39

Note 1 - Nature of Operations and Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended								12 Months Ended
	Feb. 28, 2018	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Aug. 31, 2016	May 31, 2016	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2016	Jan. 31, 2013
Assets, Total	$ 28,940,635				$ 29,418,356				$ 28,940,635	$ 29,418,356	$ 30,315,725
Cash, Uninsured Amount	5,600,000								5,600,000
Financing Receivable, Gross	368,023								368,023
Financing Receivable, Allowance for Credit Losses, Ending Balance	26,500								26,500
Gift Card Liability, Current	3,057,131				2,921,585				3,057,131	2,921,585
Revenues, Total	$ 10,499,985	$ 9,961,572	$ 8,266,691	$ 9,346,447	$ 10,362,977	$ 9,955,239	$ 8,601,962	$ 9,376,199	38,074,695	38,296,377
Allocated Share-based Compensation Expense, Total									$ 591,839	584,893	763,094
Excess Tax Benefit from Share-based Compensation, Financing Activities										$ 34,128	$ 19,868
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross									0	0
Accounting Standards Update 2014-09 [Member]
Contract with Customer, Liabilities, Cumulative Adjustment, Percentage	15.00%								15.00%
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount									0	0	12,936
Independent Contractor [Member]
Allocated Share-based Compensation Expense, Total									$ 59,100
Stock Issued During Period, Shares, Share-based Compensation, Gross									5,000
Restricted Stock Units (RSUs) [Member]
Allocated Share-based Compensation Expense, Total									$ 532,739	$ 564,473
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period									0	0
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 620,753								$ 620,753
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition									1 year 109 days
Unrestricted Shares of Stock [Member]
Allocated Share-based Compensation Expense, Total									$ 0	$ 20,420
Stock Issued During Period, Shares, Share-based Compensation, Gross									0	2,000
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Number of Major Customers									1
Revenues, Total									$ 5,100,000
Concentration Risk, Percentage									13.00%
Marketing and Promotion Fee [Member]
Franchise Fee Rate									1.00%
Products Sold [Member]
Franchise Fee Rate									10.00%
Gross Retail Sales In Stores Opened Prior To July 2004 [Member]
Franchise Fee Rate									5.00%
Franchise Rights [Member]
Finite-Lived Intangible Asset, Useful Life									20 years
U-Swirl International, Inc. [Member]
Goodwill, Impairment Loss											$ 1,930,529
Secured by Assets Financed [Member]
Financing Receivable, Gross	$ 349,000								$ 349,000
Minimum [Member]
Financing Receivable Interest Rate	4.50%								4.50%
Property, Plant and Equipment, Useful Life									5 years
Percent of Retail Sales	2.50%								2.50%
Minimum [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage									17.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period									5 years
Maximum [Member]
Financing Receivable Interest Rate	6.00%								6.00%
Property, Plant and Equipment, Useful Life									39 years
Percent of Retail Sales	6.00%								6.00%
Maximum [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage									20.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period									6 years
USwirl Inc [Member]
Noncontrolling Interest, Ownership Percentage by Parent	46.00%								46.00%			39.00%
Equity Method Investment, Ownership Percentage													60.00%
Assets, Total											0
Advertising Expense									$ 222,093	$ 335,771	460,034
USwirl Inc [Member] | Operating Assets [Member]
Assets, Total	$ 0								0
Rocky Mountain Chocolate Factory [Member]
Advertising Expense									$ 355,678	$ 279,698	$ 215,314

Note 1 - Nature of Operations40

Note 1 - Nature of Operations and Summary of Significant Accounting Policies - Number of Stores (Details)		Feb. 28, 2018	Feb. 28, 2016
Number of stores		478
USwirl Inc [Member]
Number of stores			210
Sold Not Yet Open [Member]
Number of stores		15
Open [Member]
Number of stores		463
Company Owned Stores [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		5
Company Owned Stores [Member] | USwirl Inc [Member]
Number of stores		2
Company Owned Stores [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		0
Company Owned Stores [Member] | Sold Not Yet Open [Member] | USwirl Inc [Member]
Number of stores
Company Owned Stores [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		5
Company Owned Stores [Member] | Open [Member] | USwirl Inc [Member]
Number of stores		2
Franchise Stores - Domestic Stores and Kiosks [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		191
Franchise Stores - Domestic Stores and Kiosks [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		8
Franchise Stores - Domestic Stores and Kiosks [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		183
International License Stores [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		68
International License Stores [Member] | USwirl Inc [Member]
Number of stores		1
International License Stores [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		1
International License Stores [Member] | Sold Not Yet Open [Member] | USwirl Inc [Member]
Number of stores
International License Stores [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		67
International License Stores [Member] | Open [Member] | USwirl Inc [Member]
Number of stores		1
Cold Stone Creamery - Co-Branded [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		93
Cold Stone Creamery - Co-Branded [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		6
Cold Stone Creamery - Co-Branded [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores		87
Company Owned Stores Co-branded [Member] | USwirl Inc [Member]
Number of stores		3
Company Owned Stores Co-branded [Member] | Sold Not Yet Open [Member] | USwirl Inc [Member]
Number of stores
Company Owned Stores Co-branded [Member] | Open [Member] | USwirl Inc [Member]
Number of stores		3
Franchise Stores - North American Stores [Member] | USwirl Inc [Member]
Number of stores		103
Franchise Stores - North American Stores [Member] | Sold Not Yet Open [Member] | USwirl Inc [Member]
Number of stores	[1]
Franchise Stores - North American Stores [Member] | Open [Member] | USwirl Inc [Member]
Number of stores		103
Franchise Stores - North American - Co-branded [Member] | USwirl Inc [Member]
Number of stores		12
Franchise Stores - North American - Co-branded [Member] | Sold Not Yet Open [Member] | USwirl Inc [Member]
Number of stores	[1]
Franchise Stores - North American - Co-branded [Member] | Open [Member] | USwirl Inc [Member]
Number of stores		12
[1]	U-Swirl cafe and the brands franchised by U-Swirl have historically utilized a development area sales model. The result is that many areas are under development and the rights to open cafes within the development areas have been established, but there is no assurance that any individual development area will result in a determinable number of cafe openings.

Note 2 - Inventories - Inventor

Note 2 - Inventories - Inventories (Details) - USD ($)	Feb. 28, 2018	Feb. 28, 2017
Ingredients and supplies	$ 2,764,727	$ 3,021,220
Finished candy	2,371,610	2,137,609
U-Swirl food and packaging	63,843	66,001
Reserve for slow moving inventory	(357,706)	(249,051)
Total inventories	$ 4,842,474	$ 4,975,779

Note 3 - Property and Equipme42

Note 3 - Property and Equipment, Net - Property and Equipment (Details) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017
Property, plant and equipment, gross	$ 19,112,600	$ 18,848,770
Asset impairment	(62,891)	(47,891)
Less accumulated depreciation	12,946,360	12,390,839
Property and equipment, net	6,166,240	6,457,931
Land [Member]
Property, plant and equipment, gross	513,618	513,618
Building [Member]
Property, plant and equipment, gross	4,905,103	4,787,855
Machinery and Equipment [Member]
Property, plant and equipment, gross	10,686,631	10,598,355
Furniture and Fixtures [Member]
Property, plant and equipment, gross	1,067,788	1,047,319
Leasehold Improvements [Member]
Property, plant and equipment, gross	1,568,260	1,531,112
Transportation Equipment [Member]
Property, plant and equipment, gross	$ 434,091	$ 418,402

Note 4 - Line of Credit and L43

Note 4 - Line of Credit and Long-term Debt (Details Textual) - USD ($) $ in Millions	Jan. 16, 2014	Feb. 28, 2018	Feb. 28, 2017	Feb. 28, 2014
Line of Credit Facility, Maximum Borrowing Capacity		$ 5
Debt Instrument, Interest Rate, Stated Percentage		3.75%	3.75%	3.75%
Wells Fargo Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 7
Proceeds from Lines of Credit, Total	$ 6.4
Line of Credit [Member] | Wells Fargo Bank [Member]
Debt Instrument, Interest Rate, Stated Percentage		3.90%
Line of Credit Facility, Remaining Borrowing Capacity		$ 5
Line of Credit [Member] | Wells Fargo Bank [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		2.25%
Eligible Inventories [Member]
Maximum Draws Allowed		50.00%

Note 4 - Line of Credit and L44

Note 4 - Line of Credit and Long-term Debt - Long-term Note Payable (Details) - USD ($)	Feb. 28, 2018	Feb. 28, 2017
Note payable in monthly installments of principal and interest at 3.75% per annum through December 2019 collateralized by substantially all business assets.	$ 2,529,309	$ 3,831,741
Less current maturities	1,352,893	1,302,501
Long-term obligations	$ 1,176,416	$ 2,529,240

Note 4 - Line of Credit and L45

Note 4 - Line of Credit and Long-term Debt - Long-term Note Payable (Details) (Parentheticals)	Feb. 28, 2018	Feb. 28, 2017	Feb. 28, 2014
Debt Instrument, Interest Rate, Stated Percentage	3.75%	3.75%	3.75%

Note 4 - Line of Credit and L46

Note 4 - Line of Credit and Long-term Debt - Annual Maturities of Notes Payable (Details)	Feb. 28, 2018USD ($)
2,019	$ 1,352,893
2,020	1,176,416
Total	$ 2,529,309

Note 5 - Commitments and Cont47

Note 5 - Commitments and Contingencies (Details Textual)	12 Months Ended
	Feb. 28, 2018USD ($)
Number of Stores	478
Contractual Obligation, Total	$ 529,000
Primary Lessee [Member]
Number of Stores	297
Franchised Stores [Member] | Primary Lessee [Member]
Number of Stores	3
Former Office Space [Member] | Primary Lessee [Member]
Number of Stores	1
Maximum [Member]
Purchase Contracts, Term	1 year 180 days
Maximum [Member] | Retail Operations Facilities [Member]
Lessee, Operating Lease, Term of Contract	10 years
Lessee, Operating Lease, Renewal Term	10 years
Minimum [Member]
Purchase Contracts, Term	180 days
Minimum [Member] | Retail Operations Facilities [Member]
Lessee, Operating Lease, Renewal Term	5 years

Note 5 - Commitments and Cont48

Note 5 - Commitments and Contingencies - Future Minimum Rental Payments Under Operating Leases (Details)	Feb. 28, 2018USD ($)
Retail Operations Facilities [Member]
2,019	$ 572,000
2,020	272,000
2,021	49,000
2,022	49,000
2,023	49,000
Thereafter	145,000
Total	1,136,000
Warehouse Space [Member]
2,019	117,000
2,020	121,000
2,021	125,000
2,022	129,000
2,023	134,000
Thereafter	34,000
Total	660,000
Trucking Equipment [Member]
2,019	310,000
2,020	288,000
2,021	288,000
2,022	223,000
Total	$ 1,109,000

Note 5 - Commitments and Cont49

Note 5 - Commitments and Contingencies - Sublease Rental Income (Details)	Feb. 28, 2018USD ($)
2,019	$ 90,000
2,020	81,000
2,021	83,000
2,022	29,000
Total	$ 283,000

Note 5 - Commitments and Cont50

Note 5 - Commitments and Contingencies - Net Lease Expense for Operating Leases (Details) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Minimum rentals	$ 1,270,240	$ 944,938	$ 1,187,003
Less sublease rentals	(603,000)	(318,000)	(479,000)
Contingent rentals	26,100	25,200	22,200
Retail operating lease expense	693,340	652,138	730,203
Trucking Equipment [Member]
Lease and rental expense	$ 225,992	$ 220,791	$ 182,006

Note 6 - Income Taxes (Details

Note 6 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2016
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	$ 421,000
Income Tax Expense (Benefit), Total	2,160,295	$ 1,945,589	$ (261,401)
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	$ 258,173	$ 164,035
USwirl Inc [Member]
Noncontrolling Interest, Ownership Percentage by Parent	46.00%			39.00%
U-Swirl Segment [Member]
Income Tax Expense (Benefit), Total			$ (2,149,000)
Operating Loss Carryforwards, Total	$ 1,050,000
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	$ 258,173

Note 6 - Income Taxes - Income

Note 6 - Income Taxes - Income Tax Expense (Details) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Federal	$ 1,916,720	$ 1,411,126	$ 1,420,811
State	220,164	272,214	195,993
Total Current	2,136,884	1,683,340	1,616,804
Federal	55,658	240,233	(1,725,919)
State	(32,247)	22,015	(152,286)
Total Deferred	23,411	262,248	(1,878,205)
Total	$ 2,160,295	$ 1,945,589	$ (261,401)

Note 6 - Income Taxes - Reconci

Note 6 - Income Taxes - Reconciliation of the Statutory Federal Income Tax Rate and the Effective Rate (Details)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Statutory rate	31.90%	34.00%	34.00%
State income taxes, net of federal benefit	2.40%	3.60%	0.80%
Domestic production deduction	(0.90%)	(1.10%)	(3.00%)
Work opportunity tax credits	(0.20%)	(0.40%)
Statutory rate change			(1.60%)
Other	0.80%	0.00%	0.50%
U-Swirl loss carryforward recognized			(1.80%)
Valuation allowance, U-Swirl Consolidated loss			(36.30%)
Impact of Tax Reform	8.20%
Effective rate – provision (benefit)	42.20%	36.10%	(7.40%)

Note 6 - Income Taxes - Compone

Note 6 - Income Taxes - Components of Deferred Income Taxes (Details) - USD ($)	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Allowance for doubtful accounts and notes	$ 124,469	$ 198,354
Inventories	86,938	90,027
Accrued compensation	130,049	188,002
Loss provisions and deferred income	817,945	1,175,351
Self-insurance accrual	38,868	37,000
Amortization	520,379	782,683
Restructuring charges	98,728	148,494
U-Swirl accumulated net loss	258,173	164,035
Valuation allowance	(98,728)	(148,494)	$ (148,494)
Net deferred tax assets	1,976,821	2,635,452
Depreciation and amortization	(1,066,113)	(1,683,778)
Prepaid expenses	(75,245)	(92,800)
Deferred tax liabilities	(1,141,358)	(1,776,578)
Net deferred tax assets	$ 835,463	$ 858,874

Note 6 - Income Taxes - Summary

Note 6 - Income Taxes - Summary of Deferred Income Tax Valuation Allowances (Details) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017
Valuation allowance at beginning of period	$ 148,494	$ 148,494
Tax expense (benefits) realized by valuation allowance
Tax benefits released from valuation allowance
Impact of Tax Reform	(49,766)
Valuation allowance at end of period	$ 98,728	$ 148,494

Note 7 - Stockholders' Equity (

Note 7 - Stockholders' Equity (Details Textual) - USD ($)	Feb. 15, 2018	Dec. 08, 2017	Sep. 15, 2017	Jun. 16, 2017	Mar. 10, 2017	Nov. 30, 2016	Feb. 28, 2018	May 21, 2015	Jan. 13, 2015	Jul. 15, 2014
Common Stock, Dividends, Per Share, Cash Paid	$ 0.12	$ 0.12	$ 0.12	$ 0.12	$ 0.12
Stock Repurchase Program, Authorized Amount									$ 2,058,000	$ 3,000,000
Stock Repurchase Program, Additional Authorized Amount								$ 2,090,000
Treasury Stock, Shares, Acquired						35,108	0
Treasury Stock Acquired, Average Cost Per Share						$ 10.01
Stock Repurchase Program, Remaining Authorized Repurchase Amount							$ 638,000

Note 8 - Stock Compensation P57

Note 8 - Stock Compensation Plans - Summarizes Stock Awards (Details) - 2007 Equity Incentive Plan [Member	12 Months Ended
	Feb. 28, 2018shares
Original share authorization: (in shares)	300,000
Prior plan shares authorized and incorporated in the 2007 Plan: (in shares)	85,340
Additional shares authorized through 2007 Plan amendment: (in shares)	300,000
Available for award: (in shares)	685,340
Cancelled/forfeited: (in shares)	196,325
Shares awarded as unrestricted shares, stock options or restricted stock units: (in shares)	(552,076)
Shares available for award: (in shares)	329,589

Note 8 - Stock Compensation P58

Note 8 - Stock Compensation Plans - Stock Option Awards Outstanding Under the Plans (Details) - $ / shares	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Outstanding stock options at beginning of year: (in shares)		12,936	12,936
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0	0
Exercised (in shares)
Cancelled/forfeited (in shares)		(12,936)
Outstanding stock options as of February 28 or 29: (in shares)			12,936
Weighted average exercise price (in dollars per share)			$ 12.94
Weighted average remaining contractual term (Year)			14 days

Note 8 - Stock Compensation P59

Note 8 - Stock Compensation Plans - Restricted Stock Unit Awards Outstanding Under the Plans (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Outstanding non-vested restricted stock units at beginning of year: (in shares)	123,658	181,742	237,641
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0	0
Vested (in shares)	(44,064)	(48,084)	(55,899)
Cancelled/forfeited (in shares)	(2,000)	(10,000)
Outstanding non-vested restricted stock units as of February 28 or 29: (in shares)	77,594	123,658	181,742
Weighted average grant date fair value (in dollars per share)	$ 12.16	$ 12.21	$ 12.22
Weighted average remaining vesting period (Year)	1 year 98 days	2 years 83 days	3 years 80 days

Note 9 - Operating Segments (De

Note 9 - Operating Segments (Details Textual) - USD ($)	3 Months Ended								12 Months Ended
	Feb. 28, 2018	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Aug. 31, 2016	May 31, 2016	Feb. 28, 2018	Feb. 28, 2017
Number of Reportable Segments									5
Revenues, Total	$ 10,499,985	$ 9,961,572	$ 8,266,691	$ 9,346,447	$ 10,362,977	$ 9,955,239	$ 8,601,962	$ 9,376,199	$ 38,074,695	$ 38,296,377
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Revenues, Total									$ 5,100,000
Concentration Risk, Percentage									13.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Manufacturing [Member]
Revenues, Total									$ 5,100,000	$ 4,100,000
Concentration Risk, Percentage									13.40%	10.60%

Note 9 - Operating Segments - S

Note 9 - Operating Segments - Segment Information (Details) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Revenues	$ 38,074,695	$ 38,296,377	$ 40,456,895
Segment profit (loss)	5,124,203	5,395,705	3,545,131
Assets, Total	28,940,635	29,418,356	30,315,725
Capital expenditures	544,956	1,238,472	743,251
Total depreciation and amortization	1,319,255	1,288,709	1,420,301
Franchising [Member]
Revenues	6,000,015	5,945,723	5,942,584
Segment profit (loss)	2,623,081	2,495,709	2,608,351
Assets, Total	1,157,158	1,216,241	1,205,616
Capital expenditures	15,429	15,480	76,762
Total depreciation and amortization	46,087	54,053	36,908
Manufacturing [Member]
Revenues	26,056,574	25,423,844	26,355,759
Segment profit (loss)	5,791,980	5,609,957	6,731,221
Assets, Total	12,729,659	12,900,070	11,980,933
Capital expenditures	429,545	966,619	432,473
Total depreciation and amortization	540,033	463,996	406,082
Retail Segment [Member]
Revenues	1,876,021	1,710,734	1,622,906
Segment profit (loss)	(37,102)	128,024	(2,591)
Assets, Total	1,134,876	1,101,461	1,008,783
Capital expenditures	33,056	17,047	3,306
Total depreciation and amortization	32,567	14,755	18,236
U-Swirl Segment [Member]
Revenues	4,142,085	5,216,076	6,535,646
Segment profit (loss)	542,073	1,017,395	(2,128,649)
Assets, Total	8,125,171	9,124,822	10,126,209
Capital expenditures	11,899	40,924	66,476
Total depreciation and amortization	576,162	622,654	802,953
Other Segments [Member]
Revenues	0	0
Segment profit (loss)	(3,795,829)	(3,855,380)	(3,663,201)
Assets, Total	5,793,771	5,075,762	5,994,184
Capital expenditures	55,027	198,402	164,234
Total depreciation and amortization	124,406	133,251	156,122
Operating Segments [Member]
Revenues	39,514,092	39,556,379	41,832,764
Operating Segments [Member] | Franchising [Member]
Revenues	6,004,897	5,951,055	5,947,769
Operating Segments [Member] | Manufacturing [Member]
Revenues	27,491,089	26,678,514	27,726,443
Operating Segments [Member] | Retail Segment [Member]
Revenues	1,876,021	1,710,734	1,622,906
Operating Segments [Member] | U-Swirl Segment [Member]
Revenues	4,142,085	5,216,076	6,535,646
Operating Segments [Member] | Other Segments [Member]
Revenues	0	0
Intersegment Eliminations [Member]
Revenues	(1,439,397)	(1,260,002)	(1,375,869)
Intersegment Eliminations [Member] | Franchising [Member]
Revenues	(4,882)	(5,332)	(5,185)
Intersegment Eliminations [Member] | Manufacturing [Member]
Revenues	(1,434,515)	(1,254,670)	(1,370,684)
Intersegment Eliminations [Member] | Retail Segment [Member]
Revenues	0	0
Intersegment Eliminations [Member] | U-Swirl Segment [Member]
Revenues	0	0
Intersegment Eliminations [Member] | Other Segments [Member]
Revenues	$ 0	$ 0

Note 10 - Supplemental Cash F62

Note 10 - Supplemental Cash Flow Information - Supplemental Cash Flow Information (Details) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Income taxes paid	$ 2,431,884	$ 1,997,751	$ 1,383,805
Interest, net	102,640	129,927	170,709
Accrued Inventory	258,247	531,017	298,032
Dividend payable	708,652	702,525	700,728
Sale of Long Lived Assets [Member]
Notes receiavable		20,989	127,500
Sale of Other Assets [Member]
Notes receiavable			$ 75,000

Note 11 - Employee Benefit Pl63

Note 11 - Employee Benefit Plan (Details Textual) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Defined Contribution Plan Employers Matching Contribution Vesting Period	3 years
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	25.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	1.50%
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 68,000	$ 66,000	$ 62,000

Note 12 - Summarized Quarterl64

Note 12 - Summarized Quarterly Data (Unaudited) - Quarterly Results of Operations (Details) - USD ($)	3 Months Ended								12 Months Ended
	Feb. 28, 2018	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Aug. 31, 2016	May 31, 2016	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Revenues, Total	$ 10,499,985	$ 9,961,572	$ 8,266,691	$ 9,346,447	$ 10,362,977	$ 9,955,239	$ 8,601,962	$ 9,376,199	$ 38,074,695	$ 38,296,377
Gross margin	2,276,586	2,311,579	2,210,910	2,191,974	1,922,896	2,706,456	2,289,011	2,222,405	8,991,049	9,140,768
Net income	$ 470,896	$ 751,056	$ 928,284	$ 813,672	$ 731,670	$ 1,011,799	$ 974,813	$ 731,834	$ 2,963,908	$ 3,450,116	$ 4,425,907
Basic earnings per share (in dollars per share)	$ 0.08	$ 0.13	$ 0.16	$ 0.14	$ 0.13	$ 0.17	$ 0.17	$ 0.13	$ 0.50	$ 0.59	$ 0.75
Diluted earnings per share (in dollars per share)	$ 0.08	$ 0.13	$ 0.16	$ 0.14	$ 0.12	$ 0.17	$ 0.16	$ 0.12	$ 0.50	$ 0.58	$ 0.73

Note 13 - Goodwill and Intang65

Note 13 - Goodwill and Intangible Assets (Details Textual)	12 Months Ended
	Feb. 28, 2018USD ($)	Feb. 28, 2017USD ($)	Feb. 29, 2016USD ($)	Feb. 28, 2016
Number of Stores	478
Amortization of Intangible Assets, Total	$ 446,050	$ 427,840	$ 378,373
USwirl Inc [Member]
EBITDA Requirement			1,804,000
Number of Stores				210
USwirl Inc [Member] | Minimum [Member]
Ajusted EBITDA			1,532,000
USwirl Inc [Member] | Maximum [Member]
Ajusted EBITDA			1,284,000
U-Swirl International, Inc. [Member]
Goodwill, Impairment Loss			$ 1,930,529

Note 13 - Goodwill and Intang66

Note 13 - Goodwill and Intangible Assets - Indefinite-lived Intangible Assets (Details) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017
Intangible assets subject to amortization, gross carrying value	$ 7,467,557	$ 7,459,049
Intangible assets subject to amortization, accumulated amortization	2,446,253	2,000,670
Intangible assets not subject to amortization, gross carrying value	1,709,328	1,709,328
Intangible assets not subject to amortization, accumulated goodwill impairment	662,384	662,384
Intangible assets not subject to amortization, accumulated goodwill impairment	662,384	662,384
Total intangible assets	9,176,885	9,168,377
Total intangible assets	3,108,637	2,663,054
Company Stores Goodwill [Member]
Intangible assets not subject to amortization, gross carrying value	1,099,328	1,099,328
Intangible assets not subject to amortization, accumulated goodwill impairment	267,020	267,020
Intangible assets not subject to amortization, accumulated goodwill impairment	267,020	267,020
Franchising Goodwill [Member]
Intangible assets not subject to amortization, gross carrying value	295,000	295,000
Intangible assets not subject to amortization, accumulated goodwill impairment	197,682	197,682
Intangible assets not subject to amortization, accumulated goodwill impairment	197,682	197,682
Manufacturing Segment Goodwill [Member]
Intangible assets not subject to amortization, gross carrying value	295,000	295,000
Intangible assets not subject to amortization, accumulated goodwill impairment	197,682	197,682
Intangible assets not subject to amortization, accumulated goodwill impairment	197,682	197,682
Trademarks [Member]
Intangible assets not subject to amortization, gross carrying value	20,000	20,000
Intangible assets not subject to amortization, accumulated goodwill impairment
Intangible assets not subject to amortization, accumulated goodwill impairment
Store Design [Member]
Amortization Period (Year)	10 years
Intangible assets subject to amortization, gross carrying value	$ 220,778	220,778
Intangible assets subject to amortization, accumulated amortization	212,653	211,152
Packaging Licenses [Member]
Intangible assets subject to amortization, gross carrying value	120,830	120,830
Intangible assets subject to amortization, accumulated amortization	$ 120,830	120,830
Packaging Licenses [Member] | Minimum [Member]
Amortization Period (Year)	3 years
Packaging Licenses [Member] | Maximum [Member]
Amortization Period (Year)	5 years
Packaging Design [Member]
Amortization Period (Year)	10 years
Intangible assets subject to amortization, gross carrying value	$ 430,973	430,973
Intangible assets subject to amortization, accumulated amortization	430,973	430,973
Trademarks and Non Competition Agreement [Member]
Intangible assets subject to amortization, gross carrying value	715,339	715,339
Intangible assets subject to amortization, accumulated amortization	$ 136,087	92,758
Trademarks and Non Competition Agreement [Member] | Minimum [Member]
Amortization Period (Year)	5 years
Trademarks and Non Competition Agreement [Member] | Maximum [Member]
Amortization Period (Year)	20 years
Franchise Rights [Member]
Amortization Period (Year)	20 years
Intangible assets subject to amortization, gross carrying value	$ 5,979,637	5,971,129
Intangible assets subject to amortization, accumulated amortization	$ 1,545,710	$ 1,144,957

Note 13 - Goodwill and Intang67

Note 13 - Goodwill and Intangible Assets - Estimated Future Amortization Expense (Details)	Feb. 28, 2018USD ($)
2,019	$ 452,069
2,020	438,912
2,021	427,203
2,022	404,022
2,023	389,119
Thereafter	2,909,979
Total	$ 5,021,304

Note 14 - Impairment of Long-68

Note 14 - Impairment of Long-lived Retail Assets And Restructuring Charges (Details Textual) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Restructuring Costs, Total	$ 0	$ 60,000
Asset Impairment Charges, Including Accrued Impairment Charges			$ 2,326,742
Asset Impairment Charges, Total	$ 0		$ 2,319,003

Note 15 - Subsequent Events (De

Note 15 - Subsequent Events (Details Textual)	May 22, 2018$ / shares
Subsequent Event [Member]
Common Stock, Dividends, Per Share, Declared	$ 0.12

Note 16 - Immaterial Revision70

Note 16 - Immaterial Revision of Previously Reported Income Taxes and Deferred Tax Liabilities (Details Textual)	12 Months Ended
	Feb. 28, 2017USD ($)
Correction to Retained Earnings [Member]
Quantifying Misstatement in Current Year Financial Statements, Amount	$ (492,766)
Correction to Accrued Liabilities [Member]
Quantifying Misstatement in Current Year Financial Statements, Amount	192,233
Correction to Deferred Tax Assets [Member]
Quantifying Misstatement in Current Year Financial Statements, Amount	$ (300,533)

Schedule II - Valuation and Q71

Schedule II - Valuation and Qualifying Accounts - Valuation and Qualifying Accounts (Details) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Valuation Allowance for Accounts and Notes Receivable Beginning Balance	$ 536,093	$ 670,471	$ 729,060
Valuation Allowance and Reserves Charged to Cost and Expense	166,868	138,125	171,000
Valuation Allowances and Reserves Deductions	196,989	272,503	229,589
Valuation Allowance for Accounts and Notes Receivable Ending Balance	$ 505,972	$ 536,093	$ 670,471