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Consolidated Balance Sheets (USD $)
In Thousands
Aug. 31, 2011
Feb. 28, 2011
Current assets    
Cash $ 14,307 $ 12,305
Accounts receivable, net of allowance for doubtful receivables of $4,833 at August 31, 2011 and $4,814 at February 28, 2011 52,513 58,359
Prepaid expenses 5,807 5,335
Inventories 120,789 100,363
Deferred income taxes 6,036 6,036
Total current assets 199,452 182,398
Property, plant and equipment, at cost    
Plant, machinery and equipment 157,648 156,356
Land and buildings 73,812 73,482
Other 22,719 22,646
Total property, plant and equipment 254,179 252,484
Less accumulated depreciation 161,894 158,823
Net property, plant and equipment 92,285 93,661
Goodwill 117,341 117,341
Trademarks and tradenames, net 58,699 58,765
Customer lists, net 16,418 17,547
Deferred finance charges, net 432 648
Other assets 3,465 3,368
Total assets 488,092 473,728
Current liabilities    
Accounts payable 23,877 18,868
Accrued expenses    
Employee compensation and benefits 14,347 16,503
Taxes other than income 890 585
Federal and state income taxes payable 651 2,935
Other 6,791 7,621
Current installments of long-term debt 50,000 586
Total current liabilities 96,556 47,098
Long-term debt 0 50,000
Liability for pension benefits 2,868 2,048
Deferred income taxes 25,788 25,379
Other liabilities 919 1,520
Total liabilities 126,131 126,045
Commitments and contingencies    
Shareholders' equity    
Preferred stock $10 par value, authorized 1,000,000 shares; none issued    
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at August 31 and February 28, 2011 75,134 75,134
Additional paid in capital 120,860 121,306
Retained earnings 247,714 234,636
Accumulated other comprehensive income (loss):    
Foreign currency translation, net of taxes 1,858 1,727
Unrealized loss on derivative instruments, net of taxes 0 (372)
Minimum pension liability, net of taxes (9,803) (9,803)
Total accumulated other comprehensive income (loss) (7,945) (8,448)
Treasury stock    
Cost of 4,133,518 shares at August 31, 2011 and 4,197,567 shares at February 28, 2011 (73,802) (74,945)
Total shareholders' equity 361,961 347,683
Total liabilities and shareholders' equity $ 488,092 $ 473,728