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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Nov. 26, 2016
Nov. 28, 2015
Operating Activities    
Net earnings $ 62,671 $ 45,406
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 24,270 23,336
Stock-based compensation 4,403 3,686
Deferred income taxes (3,335) (5,026)
Excess tax benefits from stock-based compensation (2,334) (4,990)
Gain on disposal of assets (287) (67)
Proceeds from New Markets Tax Credit transaction, net of deferred costs 5,109 0
Other, net (1,281) 562
Changes in operating assets and liabilities:    
Receivables (15,235) 6,552
Inventories (9,555) (3,419)
Accounts payable and accrued expenses 1,897 1,296
Billings in excess of costs and earnings on uncompleted contracts 4,896 7,391
Refundable and accrued income taxes (1,073) 13,159
Other, net 335 (1,719)
Net cash provided by (used in) operating activities 70,481 86,167
Investing Activities    
Capital expenditures (44,548) (26,757)
Proceeds from sales of property, plant and equipment 1,716 0
Change in restricted cash 14,884 0
Purchases of marketable securities (3,021) (64,551)
Sales/maturities of marketable securities 3,703 3,765
Investments in corporate-owned life insurance policies (2,168) (3,875)
Net cash provided by (used in) investing activities (59,202) (91,418)
Financing Activities    
Proceeds from (Repayments of) Lines of Credit (408) 350
Shares withheld for taxes, net of stock issued to employees (910) (3,267)
Excess tax benefits from stock-based compensation 2,334 4,990
Payments for Repurchase of Common Stock 10,817 7,257
Dividends paid (10,687) (9,632)
Net cash provided by (used in) financing activities (20,488) (14,816)
Decrease in cash and cash equivalents (9,209) (20,067)
Effect of exchange rates on cash 338 (1,405)
Cash and cash equivalents at beginning of year 60,470 52,185
Cash and cash equivalents at end of period 51,599 30,713
Noncash Activity    
Capital expenditures in accounts payable $ 6,683 $ 371