Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2018	Feb. 28, 2018
Current assets
Cash and cash equivalents	$ 80,818	$ 96,230
Accounts receivable, net of allowance for doubtful receivables of $1,365 at November 30, 2018 and $1,194 at February 28, 2018	41,562	35,654
Prepaid expenses	1,469	1,305
Prepaid income taxes	881	3,600
Inventories	38,242	26,480
Assets held for sale		75
Total current assets	162,972	163,344
Property, plant and equipment
Plant, machinery and equipment	145,864	133,222
Land and buildings	56,199	54,318
Other	23,647	23,208
Total property, plant and equipment	225,710	210,748
Less accumulated depreciation	171,192	164,840
Net property, plant and equipment	54,518	45,908
Goodwill	81,376	70,603
Intangible assets, net	63,139	49,254
Other assets	329	330
Total assets	362,334	329,439
Current liabilities
Accounts payable	13,790	12,168
Accrued expenses	16,842	17,403
Total current liabilities	30,632	29,571
Long-term debt	30,000	30,000
Liability for pension benefits	735	735
Deferred income taxes	11,706	6,189
Other liabilities	1,539	1,240
Total liabilities	74,612	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 November 30, 2018 and February 28, 2018	75,134	75,134
Additional paid-in capital	122,715	121,333
Retained earnings	176,677	164,177
Accumulated other comprehensive income (loss):
Minimum pension liability, net of taxes	(15,673)	(16,428)
Total accumulated other comprehensive income (loss)	(15,673)	(16,428)
Treasury stock	(71,131)	(82,512)
Total shareholders’ equity	287,722	261,704
Total liabilities and shareholders' equity	$ 362,334	$ 329,439