Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Current assets
Cash	$ 80,969	$ 75,190
Accounts receivable, net of allowance for doubtful receivables of $1,265 at November 30, 2021 and $961 at February 28, 2021	38,576	37,891
Prepaid expenses	1,962	1,605
Inventories	40,365	32,906
Assets held for sale		482
Total current assets	161,872	148,074
Property, plant and equipment
Plant, machinery and equipment	157,903	157,737
Land and buildings	57,513	56,185
Computer equipment and software	18,868	19,336
Other	4,519	4,808
Total property, plant and equipment	238,803	238,066
Less accumulated depreciation	184,917	182,682
Net property, plant and equipment	53,886	55,384
Operating lease right-of-use assets	17,062	19,187
Goodwill	88,677	88,647
Intangible assets, net	47,817	52,712
Other assets	385	384
Total assets	369,699	364,388
Current liabilities
Accounts payable	15,950	14,759
Accrued expenses	16,707	14,955
Current portion of operating lease liabilities	5,604	5,338
Total current liabilities	38,261	35,052
Liability for pension benefits	5,299	6,299
Deferred income taxes	8,140	7,677
Operating lease liabilities, net of current portion	11,322	13,567
Other liabilities	733	1,244
Total liabilities	63,755	63,839
Commitments and contingencies
Shareholders’ equity
Preferred stock $10 par value, authorized 1,000,000 shares; none issued
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at November 30, 2021 and February 28, 2021	75,134	75,134
Additional paid-in capital	123,744	123,017
Retained earnings	197,847	194,436
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(18,800)	(20,282)
Treasury stock	(71,981)	(71,756)
Total shareholders’ equity	305,944	300,549
Total liabilities and shareholders' equity	$ 369,699	$ 364,388