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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 02, 2018
Jun. 03, 2017
Operating Activities    
Net earnings $ 15,373 $ 16,104
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 14,050 11,423
Stock-based compensation 1,514 1,403
Deferred income taxes 4,094 2,540
Other, net (440) (1,223)
Changes in operating assets and liabilities:    
Receivables 26,183 5,125
Inventories 6,578 (8,093)
Costs and earnings on contracts in excess of billings (35,258) 381
Accounts payable and accrued expenses (19,715) (30,736)
Billings in excess of costs and earnings on uncompleted contracts 11,933 5,109
Refundable and accrued income taxes 301 4,867
Other, net 730 (988)
Net cash provided by (used in) operating activities 25,343 5,912
Investing Activities    
Capital expenditures (9,327) (11,430)
Proceeds from sales of property, plant and equipment 706 0
Purchases of marketable securities (8,619) (1,535)
Sales/maturities of marketable securities 2,495 3,220
Other, net (1,485) 1,742
Net cash provided by (used in) investing activities (16,230) (8,003)
Financing Activities    
Borrowings on line of credit 90,000 37,000
Payments on line of credit 92,000 31,000
Shares withheld for taxes, net of stock issued to employees (1,433) (1,596)
Dividends paid (4,410) (4,002)
Proceeds from (Payments for) Other Financing Activities 712 0
Net cash provided by (used in) financing activities (7,131) 402
Decrease in cash and cash equivalents 1,982 (1,689)
Effect of exchange rates on cash 279 47
Cash and cash equivalents at beginning of year 19,359 27,297
Cash and cash equivalents at end of period 21,620 25,655
Noncash Activity    
Capital expenditures in accounts payable $ 2,162 $ 4,201