Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2020	Feb. 29, 2020
Current assets
Cash	$ 75,832	$ 68,258
Accounts receivable, net of allowance for doubtful receivables of $940 at May 31, 2020 and $715 at February 29, 2020	33,167	43,086
Prepaid expenses	1,250	1,541
Prepaid income taxes	939	2,164
Inventories	34,235	34,835
Total current assets	145,423	149,884
Property, plant and equipment
Plant, machinery and equipment	152,253	155,744
Land and buildings	57,859	57,887
Computer equipment and software	19,317	19,312
Other	4,873	4,873
Total property, plant and equipment	234,302	237,816
Less accumulated depreciation	179,243	181,414
Net property, plant and equipment	55,059	56,402
Operating lease right-of-use assets	18,647	20,068
Goodwill	82,527	82,527
Intangible assets, net	54,585	56,557
Other assets	260	261
Total assets	356,501	365,699
Current liabilities
Accounts payable	12,027	17,235
Accrued expenses	13,763	15,069
Current portion of operating lease liabilities	5,443	5,665
Total current liabilities	31,233	37,969
Liability for pension benefits	8,936	8,936
Deferred income taxes	8,893	8,749
Operating lease liabilities, net of current portion	12,986	14,200
Other liabilities	1,455	1,516
Total liabilities	63,503	71,370
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, 2020 and February 29, 2020	75,134	75,134
Additional paid-in capital	122,266	123,052
Retained earnings	192,130	193,809
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(24,773)	(25,206)
Treasury stock	(71,759)	(72,460)
Total shareholders’ equity	292,998	294,329
Total liabilities and shareholders' equity	$ 356,501	$ 365,699