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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2015
Mar. 01, 2014
Current assets    
Cash and cash equivalents $ 52,185us-gaap_CashAndCashEquivalentsAtCarryingValue $ 28,465us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term available for sale securities 327us-gaap_AvailableForSaleSecuritiesDebtSecuritiesCurrent 204us-gaap_AvailableForSaleSecuritiesDebtSecuritiesCurrent
Receivables, net of allowance for doubtful accounts 171,623us-gaap_AccountsReceivableNetCurrent 154,914us-gaap_AccountsReceivableNetCurrent
Inventories 61,408us-gaap_InventoryNet 53,435us-gaap_InventoryNet [1]
Refundable income taxes 5,115us-gaap_IncomeTaxesReceivable 973us-gaap_IncomeTaxesReceivable
Deferred tax assets 1,359us-gaap_DeferredTaxAssetsNetCurrent 2,714us-gaap_DeferredTaxAssetsNetCurrent
Other current assets 6,958us-gaap_PrepaidExpenseAndOtherAssetsCurrent 6,725us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 298,975us-gaap_AssetsCurrent 247,430us-gaap_AssetsCurrent
Property, plant and equipment, net 193,540us-gaap_PropertyPlantAndEquipmentNet 193,946us-gaap_PropertyPlantAndEquipmentNet
Available for sale securities 10,655us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent 11,273us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
Restricted investments 0us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 2,540us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Goodwill 75,857us-gaap_Goodwill 78,021us-gaap_Goodwill
Intangible assets 23,280us-gaap_IntangibleAssetsNetExcludingGoodwill 27,198us-gaap_IntangibleAssetsNetExcludingGoodwill
Other non-current assets 9,750us-gaap_OtherAssetsNoncurrent 9,587us-gaap_OtherAssetsNoncurrent
Total assets 612,057us-gaap_Assets [1] 569,995us-gaap_Assets [1]
Current liabilities    
Accounts payable 56,516us-gaap_AccountsPayableCurrent 47,241us-gaap_AccountsPayableCurrent
Accrued payroll and related benefits 36,620us-gaap_EmployeeRelatedLiabilitiesCurrent 25,216us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued self-insurance reserves 8,058us-gaap_SelfInsuranceReserveCurrent 6,683us-gaap_SelfInsuranceReserveCurrent
Other current liabilities 25,557us-gaap_OtherLiabilitiesCurrent 35,088us-gaap_OtherLiabilitiesCurrent
Billings in excess of costs and earnings on uncompleted contracts 22,233us-gaap_BillingsInExcessOfCost 22,557us-gaap_BillingsInExcessOfCost
Current portion long-term debt 44us-gaap_LongTermDebtCurrent 49us-gaap_LongTermDebtCurrent
Total current liabilities 149,028us-gaap_LiabilitiesCurrent 136,834us-gaap_LiabilitiesCurrent
Long-term debt 20,587us-gaap_LongTermDebtNoncurrent 20,659us-gaap_LongTermDebtNoncurrent
Unrecognized tax benefits 4,477us-gaap_LiabilityForUncertainTaxPositionsNoncurrent 5,234us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
Long-term self-insurance reserves 6,185us-gaap_SelfInsuranceReserveNoncurrent 7,977us-gaap_SelfInsuranceReserveNoncurrent
Deferred tax liabilities 10,652us-gaap_DeferredTaxLiabilitiesNoncurrent 8,567us-gaap_DeferredTaxLiabilitiesNoncurrent
Other non-current liabilities 38,652us-gaap_OtherLiabilitiesNoncurrent 34,620us-gaap_OtherLiabilitiesNoncurrent
Shareholders’ equity    
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 29,049,531 and 28,958,119 respectively 9,683us-gaap_CommonStockValue 9,653us-gaap_CommonStockValue
Additional paid-in capital 138,575us-gaap_AdditionalPaidInCapital 130,570us-gaap_AdditionalPaidInCapital
Retained earnings 256,538us-gaap_RetainedEarningsAccumulatedDeficit 228,841us-gaap_RetainedEarningsAccumulatedDeficit
Common stock held in trust (801)us-gaap_CommonStockIssuedEmployeeStockTrust (791)us-gaap_CommonStockIssuedEmployeeStockTrust
Deferred compensation obligations 801us-gaap_DeferredCompensationEquity 791us-gaap_DeferredCompensationEquity
Accumulated other comprehensive loss (22,320)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (12,960)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders’ equity 382,476us-gaap_StockholdersEquity 356,104us-gaap_StockholdersEquity
Total liabilities and shareholders’ equity $ 612,057us-gaap_LiabilitiesAndStockholdersEquity $ 569,995us-gaap_LiabilitiesAndStockholdersEquity
[1] During the fourth quarter of fiscal 2015, the Company changed its method of accounting for those inventories which were accounted for under the LIFO method to the FIFO method. See Note 1 for discussion of this accounting change and its related impact.