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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
May 27, 2023
Feb. 25, 2023
Current assets    
Cash and cash equivalents $ 24,642 $ 19,924
Restricted cash 0 1,549
Receivables, net 210,796 197,267
Inventories 80,579 78,441
Contract assets 45,086 59,403
Other current assets 32,622 26,517
Total current assets 393,725 383,101
Property, plant and equipment, net of accumulated depreciation of $439,930 and $431,710 246,343 248,867
Accumulated Depreciation Property, Plant, and Equipment (439,930) (431,710)
Operating lease right-of-use assets 40,213 41,354
Goodwill 129,054 129,026
Intangible assets, net 66,308 67,375
Other non-current assets 45,556 45,642
Total assets 921,199 915,365
Current liabilities    
Accounts payable 77,638 86,549
Accrued payroll and related benefits 34,360 51,651
Contract liabilities 36,283 28,011
Operating lease liabilities 11,655 11,806
Other current liabilities 73,223 64,532
Total current liabilities 233,159 242,549
Long-term debt 170,669 169,837
Non-current operating lease liabilities 31,688 33,072
Non-current self-insurance reserves 32,403 29,316
Other non-current liabilities 43,074 44,183
Shareholders' equity    
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 22,219,005 and 22,224,299 respectively 7,406 7,408
Additional paid-in capital 147,897 146,816
Retained earnings 286,300 273,740
Accumulated other comprehensive loss (31,397) (31,556)
Total shareholders’ equity 410,206 396,408
Total liabilities and shareholders’ equity $ 921,199 $ 915,365
Common Stock, Par or Stated Value Per Share $ 0.33 $ 0.33
Common Stock, Shares Authorized 50,000,000 50,000,000
Common Stock, Shares, Issued 22,219,005 22,224,299
Common Stock, Shares, Outstanding 22,219,005 22,224,299