Property, Plant And Equipment

12 Months Ended

Feb. 26, 2012

Property, Plant And Equipment [Abstract]

4	.	PROPERTY, PLANT AND EQUIPMENT
				February 26, 2012		February 27, 2011

		Land, buildings and improvements	$	41,169	$	40,564
		Machinery, equipment, furniture
		and fixtures		135,130		132,536
				176,299		173,100
		Less accumulated depreciation
		and amortization		137,604		131,808
			$	38,695	$	41,292

Property, plant and equipment are initially valued at cost. Depreciation and amortization expenses relating to property, plant and equipment were $5,891, $6,746 and $7,057 for fiscal years 2012, 2011 and 2010, respectively.

During the 2011 fiscal year fourth quarter, the Company sold the building at its Neltec Europe SAS business unit in Mirebeau, France for approximately $894,000. The amount receivable has been recorded in prepaid expenses and other assets and was subsequently received in the first quarter of the 2012 fiscal year. The building at the New England Laminates Co., Inc. business unit in Newburgh, New York is held for sale. In fiscal year 2004, the Company reduced the book value of the building to zero, and the Company intends to sell it during the 2013 fiscal year.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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