Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2024	Feb. 29, 2024
Current assets
Cash	$ 91,363	$ 81,597
Short-term investments	32,326	29,325
Accounts receivable, net	43,909	47,209
Inventories, net	41,003	40,037
Prepaid expenses	2,537	2,168
Prepaid income taxes	0	1,046
Total current assets	211,138	201,382
Property, plant and equipment
Plant, machinery and equipment	162,200	160,305
Land and buildings	67,019	67,121
Computer equipment and software	10,644	10,680
Other	4,055	4,124
Total property, plant and equipment	243,918	242,230
Less accumulated depreciation	188,812	187,265
Property, plant and equipment, net	55,106	54,965
Operating lease right-of-use assets, net	8,836	9,827
Goodwill	94,349	94,349
Intangible assets, net	36,398	38,327
Net pension asset	80	80
Other assets	260	260
Total assets	406,167	399,190
Current liabilities
Accounts payable	15,542	11,846
Accrued expenses	17,176	17,541
Current portion of operating lease liabilities	4,075	4,414
Total current liabilities	36,793	33,801
Deferred income taxes	9,429	9,305
Operating lease liabilities, net of current portion	4,489	5,160
Other liabilities	1,083	1,083
Total liabilities	51,794	49,349
Shareholders’ equity
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at May 31, 2024 and February 29, 2024	75,134	75,134
Additional paid-in capital	123,948	126,253
Retained earnings	240,423	236,196
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(12,647)	(13,019)
Treasury stock	(72,485)	(74,723)
Total shareholders’ equity	354,373	349,841
Total liabilities and shareholders' equity	$ 406,167	$ 399,190