Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2019	Feb. 28, 2019
Current assets
Cash	$ 61,313	$ 88,442
Accounts receivable, net of allowance for doubtful receivables of $762 at November 30, 2019 and $1,020 at February 28, 2019	45,027	40,357
Prepaid expenses	1,281	1,760
Prepaid income taxes	591	195
Inventories	36,541	35,411
Total current assets	144,753	166,165
Property, plant and equipment
Plant, machinery and equipment	156,310	146,001
Land and buildings	58,751	56,394
Computer equipment and software	19,400	19,084
Other	4,864	4,754
Total property, plant and equipment	239,325	226,233
Less accumulated depreciation	180,400	173,099
Net property, plant and equipment	58,925	53,134
Operating lease right-of-use assets	20,847
Goodwill	82,983	81,634
Intangible assets, net	58,745	61,272
Net pension asset	580	580
Other assets	262	300
Total assets	367,095	363,085
Current liabilities
Accounts payable	16,499	13,728
Accrued expenses	16,158	17,895
Current portion of operating lease liabilities	5,596
Total current liabilities	38,253	31,623
Long-term debt		30,000
Deferred income taxes	11,820	10,898
Operating lease liabilities, net of current portion	15,039
Other liabilities	1,536	1,437
Total liabilities	66,648	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 November 30, 2019 and February 28, 2019	75,134	75,134
Additional paid-in capital	122,701	123,065
Retained earnings	191,099	179,003
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(16,027)	(16,704)
Treasury stock	(72,460)	(71,371)
Total shareholders’ equity	300,447	289,127
Total liabilities and shareholders' equity	$ 367,095	$ 363,085