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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2023
Feb. 28, 2023
Current assets    
Cash $ 100,340 $ 93,968
Accounts receivable, net 48,215 53,507
Inventories, net 45,653 46,834
Prepaid expenses 2,162 2,317
Prepaid income taxes 2,569 0
Total current assets 198,939 196,626
Property, plant and equipment    
Plant, machinery and equipment 157,565 153,074
Land and buildings 62,716 59,163
Computer equipment and software 18,824 18,832
Other 4,277 4,292
Total property, plant and equipment 243,382 235,361
Less accumulated depreciation 191,394 187,572
Property, plant and equipment, net 51,988 47,789
Operating lease right-of-use assets, net 12,164 13,133
Goodwill 92,217 91,819
Intangible assets, net 43,269 44,088
Other assets 293 380
Total assets 398,870 393,835
Current liabilities    
Accounts payable 13,092 18,333
Accrued expenses 17,655 18,067
Current portion of operating lease liabilities 4,866 4,847
Total current liabilities 35,613 41,247
Liability for pension benefits 646 646
Deferred income taxes 11,338 11,098
Operating lease liabilities, net of current portion 7,076 8,162
Other liabilities 1,051 1,250
Total liabilities 55,724 62,403
Shareholders’ equity    
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at August 31, 2023 and February 28, 2023 75,134 75,134
Additional paid-in capital 126,440 125,887
Retained earnings 229,082 219,459
Accumulated other comprehensive income loss:    
Minimum pension liability, net of taxes (13,384) (14,104)
Treasury stock (74,126) (74,944)
Total shareholders’ equity 343,146 331,432
Total liabilities and shareholders' equity $ 398,870 $ 393,835