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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 03, 2024
Feb. 26, 2023
Current assets:    
Cash and cash equivalents $ 6,567 $ 4,237
Marketable securities (Note 2) 70,644 101,203
Accounts receivable, less allowance for doubtful accounts of $128 and $120, respectively 12,381 9,989
Inventories (Note 3) 6,404 6,768
Prepaid expenses and other current assets 2,849 2,844
Total current assets 98,845 125,041
Property, plant and equipment, net (Note 3) 23,499 24,251
Operating right-of-use assets (Note 10) 95 150
Goodwill and other intangible assets, net (Note 3) 9,776 9,783
Other assets 94 108
Total assets 132,309 159,333
Current liabilities:    
Accounts payable 3,514 4,545
Operating lease liabilities (Note 10) 53 53
Accrued liabilities (Note 3) 1,986 1,346
Dividend Payable 0 20,471
Income taxes payable 4,105 2,171
Total current liabilities 9,658 28,586
Long-term operating lease liabilities (Note 10) 82 129
Non-current income taxes payable (Note 4) 5,259 10,938
Deferred income taxes (Note 4) 3,222 1,995
Other liabilities (Note 4) 1,174 1,751
Total liabilities 19,395 43,399
Commitments and contingencies  
Shareholders' equity (Note 6):    
Preferred stock, $1 par value per shares-authorized, 500,000 shares; issued, none 0 0
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 170,445 169,932
Accumulated deficit (45,374) (42,694)
Accumulated other comprehensive loss (2,271) (4,244)
Stockholders' Equity, Including Treasury Stock 124,896 125,090
Less treasury stock, at cost, 711,783 and 493,934 shares, respectively 11,982 9,156
Total shareholders' equity 112,914 115,934
Total liabilities and shareholders' equity $ 132,309 $ 159,333