Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2021	Feb. 28, 2021
Current assets
Cash and cash equivalents	$ 82,101	$ 75,190
Accounts receivable, net of allowance for doubtful receivables of $1,016 at August 31, 2021 and $961 at February 28, 2021	37,928	37,891
Prepaid expenses	1,689	1,605
Inventories	40,151	32,906
Assets held for sale		482
Total current assets	161,869	148,074
Property, plant and equipment
Plant, machinery and equipment	157,800	157,737
Land and buildings	57,166	56,185
Computer equipment and software	18,792	19,336
Other	4,521	4,808
Total property, plant and equipment	238,279	238,066
Less accumulated depreciation	183,987	182,682
Net property, plant and equipment	54,292	55,384
Operating lease right-of-use assets	18,382	19,187
Goodwill	88,661	88,647
Intangible assets, net	49,656	52,712
Other assets	385	384
Total assets	373,245	364,388
Current liabilities
Accounts payable	18,827	14,759
Accrued expenses	16,017	14,955
Current portion of operating lease liabilities	5,599	5,338
Total current liabilities	40,443	35,052
Liability for pension benefits	6,299	6,299
Deferred income taxes	7,877	7,677
Operating lease liabilities, net of current portion	12,572	13,567
Other liabilities	733	1,244
Total liabilities	67,924	63,839
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, 2021 and February 28, 2021	75,134	75,134
Additional paid-in capital	123,116	123,017
Retained earnings	196,809	194,436
Accumulated other comprehensive income (loss):
Minimum pension liability, net of taxes	(19,685)	(20,282)
Total accumulated other comprehensive income (loss)	(19,685)	(20,282)
Treasury stock	(70,053)	(71,756)
Total shareholders’ equity	305,321	300,549
Total liabilities and shareholders' equity	$ 373,245	$ 364,388