Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2019	Feb. 28, 2019
Current assets
Cash	$ 87,365	$ 88,442
Accounts receivable, net of allowance for doubtful receivables of $1,041 at May 31, 2019 and $1,020 at February 28, 2019	41,876	40,357
Prepaid expenses	1,241	1,760
Prepaid income taxes		195
Inventories	36,826	35,411
Total current assets	167,308	166,165
Property, plant and equipment
Plant, machinery and equipment	149,678	146,001
Land and buildings	57,013	56,394
Other	23,993	23,838
Total property, plant and equipment	230,684	226,233
Less accumulated depreciation	175,397	173,099
Net property, plant and equipment	55,287	53,134
Operating lease right-of-use assets	18,653
Goodwill	82,527	81,634
Intangible assets, net	61,185	61,272
Net pension asset	580	580
Other assets	303	300
Total assets	385,843	363,085
Current liabilities
Accounts payable	15,029	13,728
Accrued expenses	18,125	17,895
Current portion of operating lease liabilities	5,005
Total current liabilities	38,159	31,623
Long-term debt	30,000	30,000
Deferred income taxes	10,959	10,898
Operating lease liabilities, net of current portion	13,362
Other liabilities	1,099	1,437
Total liabilities	93,579	73,958
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, 2019 and February 28, 2019	75,134	75,134
Additional paid-in capital	122,111	123,065
Retained earnings	182,760	179,003
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(16,470)	(16,704)
Total accumulated other comprehensive loss	(16,470)	(16,704)
Treasury stock	(71,271)	(71,371)
Total shareholders’ equity	292,264	289,127
Total liabilities and shareholders' equity	$ 385,843	$ 363,085