CONDENSED BALANCE SHEETS - USD ($)	Nov. 30, 2020	Feb. 29, 2020
CURRENT ASSETS
Cash and cash equivalents	$ 31,494,300	$ 2,999,400
Accounts receivable, less allowance for doubtful accounts of $345,000 (November 30) and $237,400 (February 29)	4,115,600	2,967,200
Inventories - net	47,313,800	30,087,300
Income taxes receivable	8,400	221,700
Prepaid expenses and other assets	1,163,700	950,600
Total current assets	84,095,800	37,226,200
INVENTORIES - net	754,200	1,016,700
PROPERTY, PLANT AND EQUIPMENT - net	27,209,800	26,377,700
OTHER ASSETS	108,300	82,200
TOTAL ASSETS	112,168,100	64,702,800
CURRENT LIABILITIES
Accounts payable	45,159,800	9,661,100
Deferred revenues	2,330,900	385,300
Current maturities of long-term debt	527,700	1,027,400
Accrued salaries and commissions	6,252,900	1,657,200
Dividends payable	835,500	417,400
Other current liabilities	7,432,100	3,238,200
Total current liabilities	62,538,900	16,386,600
LONG-TERM DEBT - net of current maturities	10,587,100	17,784,300
DEFERRED INCOME TAXES - net	183,500	993,300
OTHER LONG-TERM LIABILITIES	137,300	145,800
Total liabilities	73,446,800	35,310,000
SHAREHOLDERS' EQUITY
Common stock, $0.20 par value; Authorized 16,000,000 shares; Issued 12,410,080 (November 30) and 12,410,080 (February 29) shares; Outstanding 8,355,972 (November 30) and 8,348,651 (February 29) shares	2,482,000	2,482,000
Capital in excess of par value	10,552,600	9,843,900
Retained earnings	38,349,900	29,732,200
	51,384,500	42,058,100
Less treasury stock, at cost	(12,663,200)	(12,665,300)
Total shareholders' equity	38,721,300	29,392,800
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 112,168,100	$ 64,702,800