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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2016
Feb. 29, 2016
Current assets    
Cash $ 87,865 $ 7,957
Accounts receivable, net of allowance for doubtful receivables of $1,632 at November 30, 2016 and $2,041 at February 29, 2016 35,150 36,546
Prepaid expenses 1,201 1,443
Prepaid income taxes 3,184 1,318
Inventories 27,132 27,619
Deferred income taxes 3,134 3,134
Assets held for sale   464
Current assets of discontinued operations   100,494
Total current assets 157,666 178,975
Property, plant and equipment, at cost    
Plant, machinery and equipment 132,410 131,346
Land and buildings 54,191 54,985
Other 22,798 22,686
Total property, plant and equipment 209,399 209,017
Less accumulated depreciation 162,835 158,226
Net property, plant and equipment 46,564 50,791
Goodwill 64,537 64,537
Trademarks and trade names 15,291 15,291
Other intangible assets, net 34,017 36,973
Deferred finance charges, net 304  
Other assets 239 274
Long-term assets of discontinued operations   46,337
Total assets 318,618 393,178
Current liabilities    
Accounts payable 10,142 13,738
Accrued expenses    
Employee compensation and benefits 11,713 11,798
Taxes other than income 374 172
Income taxes payable   64
Other 2,555 2,133
Current liabilities of discontinued operations   12,495
Total current liabilities 24,784 40,400
Long-term debt 30,000 40,000
Liability for pension benefits 10,613 8,696
Deferred income taxes 4,670 4,670
Other liabilities 859 866
Total liabilities 70,926 94,632
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 November 30 and February 29, 2016 75,134 75,134
Additional paid-in capital 120,918 121,597
Retained earnings 149,027 206,105
Accumulated other comprehensive income (loss):    
Foreign currency translation, net of taxes   (9,940)
Minimum pension liability, net of taxes (17,345) (17,345)
Total accumulated other comprehensive income (loss) (17,345) (27,285)
Treasury stock (80,042) (77,005)
Total shareholders' equity 247,692 298,546
Total liabilities and shareholders' equity $ 318,618 $ 393,178