Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2022	Feb. 28, 2022
Current assets
Cash	$ 87,000	$ 85,606
Accounts receivable, net of allowance for doubtful receivables of $1,692 at November 30, 2022 and $1,200 at February 28, 2022	45,738	39,022
Inventories, net	49,922	38,538
Prepaid expenses	2,434	1,863
Total current assets	185,094	165,029
Property, plant and equipment
Plant, machinery and equipment	153,504	151,126
Land and buildings	59,987	59,642
Computer equipment and software	18,430	18,368
Other	4,321	4,275
Total property, plant and equipment	236,242	233,411
Less accumulated depreciation	186,802	179,778
Net property, plant and equipment	49,440	53,633
Operating lease right-of-use assets, net	14,214	15,544
Goodwill	93,438	88,677
Intangible assets, net	44,078	45,569
Other assets	386	392
Total assets	386,650	368,844
Current liabilities
Accounts payable	15,361	16,678
Accrued expenses	19,117	15,422
Current portion of operating lease liabilities	4,914	5,090
Total current liabilities	39,392	37,190
Liability for pension benefits	3,729	5,729
Deferred income taxes	11,905	11,405
Operating lease liabilities, net of current portion	9,215	10,241
Other liabilities	987	464
Total liabilities	65,228	65,029
Shareholders’ equity
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at November 30, 2022 and February 28, 2022	75,134	75,134
Additional paid-in capital	124,593	123,990
Retained earnings	213,725	197,998
Accumulated other comprehensive income loss:
Minimum pension liability, net of taxes	(17,086)	(18,587)
Treasury stock	(74,944)	(74,720)
Total shareholders’ equity	321,422	303,815
Total liabilities and shareholders' equity	$ 386,650	$ 368,844