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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 01, 2019
Jun. 02, 2018
Operating Activities    
Net earnings $ 15,443 $ 15,373
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 11,102 14,050
Stock-based compensation 1,618 1,514
Deferred income taxes 6,438 4,094
Cash flows from operating leases 2,902 0
Other, net (1,762) (440)
Changes in operating assets and liabilities:    
Receivables (16,982) 26,183
Inventories 835 6,578
Costs and earnings on contracts in excess of billings (6,007) (35,258)
Accounts payable and accrued expenses (16,834) (19,715)
Billings in excess of costs and earnings on uncompleted contracts (1,198) 11,933
Refundable and accrued income taxes (4,369) 301
Other, net (928) 730
Net cash provided by (used in) operating activities (9,742) 25,343
Investing Activities    
Capital expenditures (11,198) (9,327)
Purchases of marketable securities (880) (8,619)
Sales/maturities of marketable securities 1,112 2,495
Other (1,056) (779)
Net cash provided by (used in) investing activities (12,022) (16,230)
Financing Activities    
Borrowings on line of credit 103,000 90,000
Payments on line of credit 55,500 92,000
Repurchase and retirement of common stock 20,010 0
Dividends paid (4,598) (4,410)
Proceeds from (Payments for) Other Financing Activities (1,270) (721)
Net cash provided by (used in) financing activities 21,622 (7,131)
Decrease in cash and cash equivalents (142) 1,982
Effect of exchange rates on cash (143) 279
Cash, cash equivalents and restricted cash at beginning of year 29,241 19,359
Cash, cash equivalents and restricted cash at end of period 28,956 21,620
Noncash Activity    
Capital expenditures in accounts payable $ 1,667 $ 2,162