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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Aug. 31, 2019
Mar. 02, 2019
Current assets    
Cash and cash equivalents $ 13,812 $ 17,087
Restricted cash 5,633 12,154
Receivables, net of allowance for doubtful accounts 201,913 192,767
Inventories 74,284 78,344
Costs and earnings on contracts in excess of billings 74,971 55,095
Other current assets 20,721 16,451
Total current assets 391,334 371,898
Property, plant and equipment, net 319,234 315,823
Operating lease right-of-use assets 52,846 0
Goodwill 185,803 185,832
Intangible assets 144,605 148,235
Other non-current assets 45,004 46,380
Total assets 1,138,826 1,068,168
Current liabilities    
Accounts payable 68,456 72,219
Accrued payroll and related benefits 30,285 41,119
Billings in excess of costs and earnings on uncompleted contracts 19,459 21,478
Operating Lease, Liability, Current 10,488 0
Long-term Debt, Current Maturities 155,400 0
Other current liabilities 87,174 92,696
Total current liabilities 371,262 227,512
Long-term debt 117,385 245,724
Operating Lease, Liability, Noncurrent 43,650 0
Long-term self-insurance reserves 24,320 21,433
Other non-current liabilities 79,128 77,182
Shareholders' equity    
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 28,996,209 and 28,958,119, respectively 8,851 9,005
Additional paid-in capital 151,735 151,842
Retained earnings 374,439 367,597
Common stock held in trust (778) (755)
Deferred compensation obligations 778 755
Accumulated other comprehensive loss (31,944) (32,127)
Total shareholders’ equity 503,081 496,317
Total liabilities and shareholders' equity $ 1,138,826 $ 1,068,168