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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2014
Feb. 28, 2013
Current Assets    
Cash and cash equivalents $ 2,299 $ 379
Restricted cash 1,200  
Trading investments, at fair value 4,914 24
Accounts receivable, less allowance for bad debts of $40 and $21, respectively 1,876 3,125
Note receivable 1,000 68
Inventories, net 9,915 11,173
Cost and estimated earnings in excess of billings on uncompleted contracts   108
Deferred income taxes 242 2,219
Income taxes refundable 1,120 418
Prepaid expenses and other current assets 182 319
Assets of discontinued operations   26,697
Total current assets 22,748 44,530
Property, plant and equipment:    
Land 154 240
Buildings 2,589 3,701
Machinery and equipment 7,249 7,796
Total property, plant and equipment 9,992 11,737
Accumulated depreciation (8,431) (9,886)
Net property, plant and equipment 1,561 1,851
Note receivable 1,698 622
Intangible assets, net 684 768
Deferred income taxes 760 660
Other assets 29 29
Assets of discontinued operations   3,833
Total assets 27,480 52,293
Current liabilities    
Accounts payable 946 2,029
Accrued liabilities 925 1,195
Billings in excess of cost and estimated earnings on uncompleted contracts   40
Lines of credit   9,940
Notes payable to officers and directors   500
Current maturities of long-term debt 48 4,596
Liabilities of discontinued operations   4,001
Total current liabilities 1,919 22,301
Long-term debt, less current maturities 233 281
Deferred rent 540  
Unrecognized gain on sale of assets 554 554
Other long-term liabilities   123
Liabilities of discontinued operations   126
Total liabilities 3,246 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 7,020 outstanding at February 28, 2014, and 9,732 issued and 7,566 outstanding at February 28, 2013 7,293 7,293
Additional paid-in capital 160 116
Retained earnings 29,392 32,073
Treasury stock, 2,712 shares at February 28, 2014 and 2,166 shares at February 28, 2013, at cost (12,611) (10,574)
Total shareholders' equity 24,234 28,908
Total liabilities and shareholders' equity $ 27,480 $ 52,293