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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
May 25, 2012
May 27, 2011
Cash flows from operating activities:    
Net income $ 1,690 $ 1,625
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 453 352
Deferred tax assets 960 998
Increase in allowances for accounts receivable and inventories, net 39 16
Accretion of debt discount 25 54
Stock compensation expense 25 24
Changes in operating assets and liabilities:    
Accounts receivable 4,571 (360)
Costs and estimated earnings in excess of billings on uncompleted long-term contracts (4,481) (5,132)
Inventories (1,411) (808)
Prepaid expenses and other assets (291) (591)
Accounts payable, trade (488) 868
Billings in excess of costs and estimated earnings on uncompleted long-term contracts (3,120) (1,680)
Customer deposits 1,101 (339)
Accrued taxes 246 0
Accrued interest and dividends 56 43
Other accrued liabilities 65 750
Net cash used in operating activities (560) (4,180)
Cash flows from investing activities:    
Acquisition of property, plant, and equipment (481) (293)
Capitalized software development costs (22) (98)
Net cash used in investing activities (503) (391)
Cash flows from financing activities:    
Borrowings under line of credit 1,425 4,818
Payment of Preferred Stock dividends (552) (552)
Increase in restricted cash (158) 0
Borrowings from (payments of) other debt obligations 100 (21)
Issuance of Common Stock 11 0
Net cash provided by financing activities 826 4,245
Effect of exchange rate changes on cash 156 (217)
Net decrease in cash (81) (543)
Cash at beginning of period 3,425 1,423
Cash at end of period 3,344 880
Supplemental schedule of cash flow information:    
Interest paid 147 55
Income taxes paid 48 0
Supplemental information on non-cash operating and investing activities:    
Accrued Dividends on Preferred Stock $ 552 $ 552