Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Current assets
Cash	$ 96,420	$ 96,230
Accounts receivable, net of allowance for doubtful receivables of $1,298 at May 31, 2018 and $1,194 at February 28, 2018	36,241	35,654
Prepaid expenses	1,227	1,305
Prepaid income taxes	312	3,600
Inventories	30,971	26,480
Assets held for sale	75	75
Total current assets	165,246	163,344
Property, plant and equipment
Plant, machinery and equipment	134,678	133,222
Land and buildings	55,164	54,318
Other	23,299	23,208
Total property, plant and equipment	213,141	210,748
Less accumulated depreciation	166,770	164,840
Net property, plant and equipment	46,371	45,908
Goodwill	70,603	70,603
Intangible assets, net	49,805	49,254
Other assets	302	330
Total assets	332,327	329,439
Current liabilities
Accounts payable	11,290	12,168
Accrued expenses	16,622	17,403
Total current liabilities	27,912	29,571
Long-term debt	30,000	30,000
Liability for pension benefits	735	735
Deferred income taxes	6,257	6,189
Other liabilities	1,647	1,240
Total liabilities	66,551	67,735
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, 2018 and February 28, 2018	75,134	75,134
Additional paid-in capital	120,270	121,333
Retained earnings	168,341	164,177
Accumulated other comprehensive income (loss):
Minimum pension liability, net of taxes	(16,167)	(16,428)
Total accumulated other comprehensive income (loss)	(16,167)	(16,428)
Treasury stock	(81,802)	(82,512)
Total shareholders’ equity	265,776	261,704
Total liabilities and shareholders' equity	$ 332,327	$ 329,439