Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2022	Feb. 28, 2021
Current assets
Cash	$ 85,606	$ 75,190
Accounts receivable, net of allowance for doubtful receivables of $1,200 at February 28, 2022 and $961 at February 28, 2021	39,022	37,891
Prepaid expenses	1,863	1,605
Inventories	38,538	32,906
Assets held for sale	0	482
Total current assets	165,029	148,074
Property, plant and equipment
Plant, machinery and equipment	151,126	157,737
Land and buildings	59,642	56,185
Computer equipment and software	18,368	19,336
Other	4,275	4,808
Total property, plant and equipment	233,411	238,066
Less accumulated depreciation	179,778	182,682
Net property, plant and equipment	53,633	55,384
Operating lease right-of-use assets	15,544	19,187
Goodwill	88,677	88,647
Intangible assets, net	45,569	52,712
Other assets	392	384
Total assets	368,844	364,388
Current liabilities
Accounts payable	16,678	14,759
Accrued expenses	15,422	14,955
Current portion of operating lease liabilities	5,090	5,338
Total current liabilities	37,190	35,052
Liability for pension benefits	5,729	6,299
Deferred income taxes	11,405	7,677
Operating lease liabilities, net of current portion	10,241	13,567
Other liabilities	464	1,244
Total liabilities	65,029	63,839
Shareholders’ equity
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at February 28, 2022 and February 28, 2021	75,134	75,134
Additional paid-in capital	123,990	123,017
Retained earnings	197,998	194,436
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(18,587)	(20,282)
Treasury stock	(74,720)	(71,756)
Total shareholders’ equity	303,815	300,549
Total liabilities and shareholders' equity	$ 368,844	$ 364,388