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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2013
Feb. 28, 2013
Current assets    
Cash $ 1,436 $ 324
Restricted cash 1,200  
Accounts receivable, less allowance for doubtful accounts of $51 and $23 2,266 4,115
Other receivables 474 68
Inventories, net 18,423 21,609
Cost and estimated earnings in excess of billings on uncompleted contracts   108
Deferred income taxes 1,679 2,219
Income taxes refundable 636 418
Prepaid expenses and other 125 343
Assets of discontinued operations 2,630 15,326
Total current assets 28,869 44,530
Property, plant, and equipment    
Land 154 240
Buildings 2,751 3,863
Machinery and equipment 10,532 11,078
Total property, plant and equipment 13,437 15,181
Accumulated depreciation and amortization (11,727) (13,197)
Net property, plant, and equipment 1,710 1,984
Note receivable 690 622
Intangible assets, net 715 809
Deferred income taxes 613 660
Other assets 14 14
Assets of discontinued operations 2,567 3,674
Total assets 35,178 52,293
Current liabilities    
Accounts payable 883 2,871
Accrued liabilities 779 1,542
Billings in excess of cost and estimated earnings on uncompleted contracts   41
Notes payable to officers and directors   500
Lines of credit   9,940
Current maturities of long-term debt 1,398 4,596
Liabilities of discontinued operations 1,021 2,811
Total current liabilities 4,081 22,301
Long-term debt, less current maturities 245 281
Unrecognized gain 1,124 554
Other long term liabilities   123
Liabilities of discontinued operations   126
Total liabilities 5,450 23,385
Shareholders' Equity    
Preferred stock, no par value - 10,000 shares authorized; none issued and outstanding      
Common stock, no par value - 50,000 shares authorized; 9,732 issued and 7,593 outstanding at November 30, 2013 and 9,732 issued and 7,566 outstanding at February 28, 2013 7,293 7,293
Additional paid-in capital 158 116
Retained earnings 32,721 32,073
Treasury stock, shares at cost; 2,139 at November 30, 2013 and 2,166 at February 28, 2013 (10,444) (10,574)
Total shareholders' equity 29,728 28,908
Total liabilities and shareholders' equity $ 35,178 $ 52,293