Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2021	Feb. 28, 2021
Current assets
Cash	$ 81,329	$ 75,190
Accounts receivable, net of allowance for doubtful receivables of $954 at May 31, 2021 and $961 at February 28, 2021	35,705	37,891
Prepaid expenses	1,396	1,605
Inventories	36,304	32,906
Assets held for sale		482
Total current assets	154,734	148,074
Property, plant and equipment
Plant, machinery and equipment	156,845	157,737
Land and buildings	55,777	56,185
Computer equipment and software	18,914	19,336
Other	4,718	4,808
Total property, plant and equipment	236,254	238,066
Less accumulated depreciation	182,772	182,682
Net property, plant and equipment	53,482	55,384
Operating lease right-of-use assets	18,982	19,187
Goodwill	88,647	88,647
Intangible assets, net	50,636	52,712
Other assets	4,198	384
Total assets	370,679	364,388
Current liabilities
Accounts payable	15,363	14,759
Accrued expenses	17,814	14,955
Current portion of operating lease liabilities	5,557	5,338
Total current liabilities	38,734	35,052
Liability for pension benefits	6,299	6,299
Deferred income taxes	7,777	7,677
Operating lease liabilities, net of current portion	13,191	13,567
Other liabilities	1,226	1,244
Total liabilities	67,227	63,839
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, 2021 and February 28, 2021	75,134	75,134
Additional paid-in capital	122,746	123,017
Retained earnings	195,874	194,436
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(19,983)	(20,282)
Treasury stock	(70,319)	(71,756)
Total shareholders’ equity	303,452	300,549
Total liabilities and shareholders' equity	$ 370,679	$ 364,388