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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
May 31, 2020
Mar. 01, 2020
Current assets    
Cash and cash equivalents $ 8,405 $ 5,410 [1]
Marketable securities (Note 3) 112,665 116,945 [1]
Accounts receivable, less allowance for doubtful accounts of $77 and $73, respectively 6,590 10,925 [1]
Inventories (Note 4) 6,680 6,379 [1]
Prepaid expenses and other current assets 5,243 5,535 [1]
Total current assets 139,583 145,194 [1]
Property, plant and equipment, net 18,364 16,100 [1]
Operating right-of-use assets 387 420 [1]
Goodwill and other intangible assets 9,804 9,804 [1]
Other assets 264 268 [1]
Total assets 168,402 171,786 [1]
Current liabilities    
Accounts payable 2,487 4,735 [1]
Operating lease liability (Note 5) 142 152 [1]
Accrued liabilities 1,361 1,709 [1]
Income taxes payable 2,824 2,111 [1]
Total current liabilities 6,814 8,707 [1]
Long-term operating lease liability (Note 5) 245 268 [1]
Non-current income taxes payable (Note 9) 15,986 15,986 [1]
Deferred income taxes (Note 9) 793 834 [1]
Other liabilities 4,367 4,316 [1]
Total liabilities 28,205 30,111 [1]
Commitments and contingencies (Note 12)
Shareholders' equity (Note 8)    
Common stock 2,096 2,096 [1]
Additional paid-in capital 169,905 169,862 [1]
Accumulated deficit (21,855) (21,774) [1]
Accumulated other comprehensive earnings 872 668 [1]
Stockholders' Equity, Including Treasury Stock 151,018 150,852 [1]
Less treasury stock, at cost (10,821) (9,177) [1]
Total shareholders' equity 140,197 141,675 [1]
Total liabilities and shareholders' equity $ 168,402 $ 171,786 [1]
[1] The balance sheet at March 1, 2020 has been derived from the audited consolidated finacial statements at that date.