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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 02, 2017
Nov. 26, 2016
Operating Activities    
Net earnings $ 57,159 $ 62,671
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 39,774 24,270
Stock-based compensation 4,645 4,403
Deferred income taxes (3,339) (3,335)
Gain on disposal of assets 78 287
Proceeds from New Markets Tax Credit transaction, net of deferred costs 0 5,109
Other, net (1,286) (1,281)
Changes in operating assets and liabilities:    
Receivables (16,131) (15,235)
Inventories (1,348) (9,555)
Accounts payable and accrued expenses (27,449) 1,897
Billings in excess of costs and earnings on uncompleted contracts 9,869 4,896
Refundable and accrued income taxes 7,108 (1,073)
Other, net (2,685) 335
Net cash provided by (used in) operating activities 66,239 72,815
Investing Activities    
Capital expenditures (38,946) (44,548)
Proceeds from sales of property, plant and equipment 253 1,716
Acquisition of business, net of cash acquired 184,826 0
Change in restricted cash (7,834) 14,884
Purchases of marketable securities (10,154) (3,021)
Sales/maturities of marketable securities 9,288 3,703
Other, net 941 (2,168)
Net cash provided by (used in) investing activities (215,610) (59,202)
Financing Activities    
Borrowings on line of credit 314,700 0
Payments on line of credit 150,700 0
Shares withheld for taxes, net of stock issued to employees (1,561) (910)
Repurchase and retirement of common stock 10,833 10,817
Dividends paid (11,971) (10,687)
Proceeds from (Payments for) Other Financing Activities 2,039 (408)
Net cash provided by (used in) financing activities 141,674 (22,822)
Decrease in cash and cash equivalents (7,697) (9,209)
Effect of exchange rates on cash 1,079 338
Cash and cash equivalents at beginning of year 19,463 60,470
Cash and cash equivalents at end of period 12,845 51,599
Noncash Activity    
Capital expenditures in accounts payable 1,859 6,683
Deferred payments on acquisition of business $ 7,500 $ 0