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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
May. 31, 2015
Feb. 28, 2015
Current assets    
Cash $ 19,047 $ 15,346
Accounts receivable, net of allowance for doubtful receivables of $3,717 at May 31, 2015 and $3,559 at February 28, 2015 62,174 62,865
Prepaid expenses 7,540 8,853
Prepaid income taxes 1,268 3,198
Inventories 107,315 119,814
Deferred income taxes 6,272 6,272
Assets held for sale 194 194
Total current assets 203,810 216,542
Property, plant and equipment, at cost    
Plant, machinery and equipment 167,384 166,890
Land and buildings 82,689 83,283
Other 23,610 23,574
Total property, plant and equipment 273,683 273,747
Less accumulated depreciation 183,003 180,872
Net property, plant and equipment 90,680 92,875
Goodwill 64,537 64,489
Trademarks and trade names 28,591 28,591
Other intangible assets, net 46,144 47,636
Deferred finance charges, net 186 224
Other assets 2,695 2,905
Total assets 436,643 453,262
Current liabilities    
Accounts payable 21,286 21,275
Accrued expenses    
Employee compensation and benefits 13,750 15,964
Taxes other than income 1,013 656
Income taxes payable 2,292  
Other 2,117 2,352
Total current liabilities 40,458 40,247
Long-term debt 85,500 106,500
Liability for pension benefits 10,404 9,852
Deferred income taxes 9,841 10,248
Other liabilities 1,417 1,735
Total liabilities $ 147,620 $ 168,582
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 28, 2015 $ 75,134 $ 75,134
Additional paid-in capital 120,667 121,687
Retained earnings 193,088 188,413
Accumulated other comprehensive income (loss):    
Foreign currency translation, net of taxes (5,291) (4,627)
Minimum pension liability, net of taxes (17,570) (17,570)
Total accumulated other comprehensive income (loss) (22,861) (22,197)
Treasury stock (77,005) (78,357)
Total shareholders' equity 289,023 284,680
Total liabilities and shareholders' equity $ 436,643 $ 453,262