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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
May 31, 2012
Feb. 29, 2012
Current assets    
Cash $ 14,967 $ 10,410
Accounts receivable, net of allowance for doubtful receivables of $4,479 at May 31, 2012 and $4,403 at February 29, 2012 58,681 58,790
Prepaid expenses 7,354 8,091
Prepaid income taxes 2,283 3,854
Inventories 117,372 132,572
Deferred income taxes 5,493 5,493
Total current assets 206,150 219,210
Property, plant and equipment, at cost    
Plant, machinery and equipment 153,997 153,818
Land and buildings 77,366 80,020
Other 23,021 22,997
Total property, plant and equipment 254,384 256,835
Less accumulated depreciation 159,558 157,319
Net property, plant and equipment 94,826 99,516
Goodwill 121,175 121,634
Trademarks and tradenames, net 63,440 63,473
Customer lists, net 22,422 23,188
Deferred finance charges, net 634 671
Other assets 4,234 4,270
Total assets 512,881 531,962
Current liabilities    
Accounts payable 19,605 27,924
Accrued expenses    
Employee compensation and benefits 15,428 16,087
Taxes other than income 893 547
Income taxes payable 829 1,183
Other 2,783 4,500
Total current liabilities 39,538 50,241
Long-term debt 85,000 90,000
Liability for pension benefits 8,033 7,494
Deferred income taxes 21,898 23,029
Other liabilities 1,010 1,323
Total liabilities 155,479 172,087
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 May 31 and February 29, 2012 75,134 75,134
Additional paid in capital 121,164 121,390
Retained earnings 249,181 249,862
Accumulated other comprehensive income (loss):    
Foreign currency translation, net of taxes (1,085) 1,022
Minimum pension liability, net of taxes (13,807) (13,807)
Total accumulated other comprehensive income (loss) (14,892) (12,785)
Treasury stock    
Cost of 4,099,388 shares at May 31, 2012 and 4,129,668 shares at February 29, 2012 (73,185) (73,726)
Total shareholders' equity 357,402 359,875
Total liabilities and shareholders' equity $ 512,881 $ 531,962