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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 01, 2020
Mar. 03, 2019
Current assets:    
Cash and cash equivalents $ 5,410 $ 71,007
Marketable securities (Note 2) 116,945 80,617
Accounts receivable, less allowance for doubtful accounts of $73 and $32, respectively 10,925 9,352
Inventories (Note 3) 6,379 5,267
Prepaid expenses and other current assets 5,535 1,690
Total current assets 145,194 167,933
Property, plant and equipment, net (Note 3) 16,100 10,791
Operating right-of-use assets 420
Goodwill and other intangible assets, net (Note 3) 9,804 9,811
Other assets (Note 4) 268 316
Total assets 171,786 188,851
Current liabilities:    
Accounts payable 4,735 3,169
Operating lease liabilities (Note 11) 152
Accrued liabilities (Note 3) 1,709 2,920
Income taxes payable 2,111 5,066
Total current liabilities 8,707 11,155
Long-term operating lease liabilities (Note 11) 268
Non-current income taxes payable (Note 4) 15,986 17,669
Deferred income taxes (Note 4) 834
Other liabilities (Note 4) 4,316 1,016
Total liabilities 30,111 29,840
Commitments and contingencies (Notes 11 and 12)
Shareholders' equity (Note 6):    
Preferred stock, $1 par value per shares-authorized, 500,000 shares; issued, none
Common stock, $0.10 par value per shares-authorized, 60,000,000 shares; issued, 20,965,144 shares 2,096 2,096
Additional paid-in capital 169,862 169,395
Accumulated deficit (21,774) (2,605)
Accumulated other comprehensive earnings (loss) 668 (22)
Stockholders' Equity, Including Treasury Stock 150,852 168,864
Less treasury stock, at cost, 446,321 and 479,191 shares, respectively (9,177) (9,853)
Total shareholders' equity 141,675 159,011
Total liabilities and shareholders' equity $ 171,786 $ 188,851