Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2022	Feb. 28, 2022
Current assets
Cash	$ 91,221	$ 85,606
Accounts receivable, net of allowance for doubtful receivables of $1,335 at May 31, 2022 and $1,200 at February 28, 2022	40,877	39,022
Prepaid expenses	1,718	1,863
Inventories	43,900	38,538
Total current assets	177,716	165,029
Property, plant and equipment
Plant, machinery and equipment	151,958	151,126
Land and buildings	59,705	59,642
Computer equipment and software	18,448	18,368
Other	4,301	4,275
Total property, plant and equipment	234,412	233,411
Less accumulated depreciation	182,364	179,778
Net property, plant and equipment	52,048	53,633
Operating lease right-of-use assets	14,965	15,544
Goodwill	88,677	88,677
Intangible assets, net	43,812	45,569
Other assets	392	392
Total assets	377,610	368,844
Current liabilities
Accounts payable	16,663	16,678
Accrued expenses	19,872	15,422
Current portion of operating lease liabilities	4,926	5,090
Total current liabilities	41,461	37,190
Liability for pension benefits	5,729	5,729
Deferred income taxes	11,506	11,405
Operating lease liabilities, net of current portion	9,823	10,241
Other liabilities	464	464
Total liabilities	68,983	65,029
Shareholders’ equity
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at May 31, 2022 and February 28, 2022	75,134	75,134
Additional paid-in capital	123,862	123,990
Retained earnings	203,158	197,998
Accumulated other comprehensive income (loss):
Minimum pension liability, net of taxes	(18,283)	(18,587)
Treasury stock	(75,244)	(74,720)
Total shareholders’ equity	308,627	303,815
Total liabilities and shareholders' equity	$ 377,610	$ 368,844