Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2019	Feb. 28, 2018
Current assets
Cash	$ 88,442	$ 96,230
Accounts receivable, net of allowance for doubtful receivables of $1,020 at February 28, 2019 and $1,194 at February 28, 2018	40,357	35,654
Prepaid expenses	1,760	1,305
Prepaid income taxes	195	3,600
Inventories	35,411	26,480
Assets held for sale		75
Total current assets	166,165	163,344
Property, plant and equipment
Plant, machinery and equipment	146,001	133,222
Land and buildings	56,394	54,318
Other	23,838	23,208
Total property, plant and equipment	226,233	210,748
Less accumulated depreciation	173,099	164,840
Net property, plant and equipment	53,134	45,908
Goodwill	81,634	70,603
Intangible assets, net	61,272	49,254
Net pension asset	580
Other assets	300	330
Total assets	363,085	329,439
Current liabilities
Accounts payable	13,728	12,168
Accrued expenses	17,895	17,403
Total current liabilities	31,623	29,571
Long-term debt	30,000	30,000
Liability for pension benefits		735
Deferred income taxes	10,898	6,189
Other liabilities	1,437	1,240
Total liabilities	73,958	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 February 28, 2019 and February 28, 2018	75,134	75,134
Additional paid-in capital	123,065	121,333
Retained earnings	179,003	164,177
Accumulated other comprehensive income (loss):
Minimum pension liability, net of taxes	(16,704)	(16,428)
Total accumulated other comprehensive income (loss)	(16,704)	(16,428)
Treasury stock	(71,371)	(82,512)
Total shareholders’ equity	289,127	261,704
Total liabilities and shareholders' equity	$ 363,085	$ 329,439