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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2023
Feb. 28, 2022
Current assets    
Cash $ 93,968 $ 85,606
Accounts receivable, net 53,507 39,022
Inventories, net 46,834 38,538
Prepaid expenses 2,317 1,863
Total current assets 196,626 165,029
Property, plant and equipment    
Plant, machinery and equipment 153,074 151,126
Land and buildings 59,163 59,642
Computer equipment and software 18,832 18,368
Other 4,292 4,275
Total property, plant and equipment 235,361 233,411
Less accumulated depreciation 187,572 179,778
Net property, plant and equipment 47,789 53,633
Operating lease right-of-use assets 13,133 15,544
Goodwill 91,819 88,677
Intangible assets, net 44,088 45,569
Other assets 380 392
Total assets 393,835 368,844
Current liabilities    
Accounts payable 18,333 16,678
Accrued expenses 18,067 15,422
Current portion of operating lease liabilities 4,847 5,090
Total current liabilities 41,247 37,190
Liability for pension benefits 646 5,729
Deferred income taxes 11,098 11,405
Operating lease liabilities, net of current portion 8,162 10,241
Other liabilities 1,250 464
Total liabilities 62,403 65,029
Shareholders’ equity    
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at February 28, 2023 and 2022 75,134 75,134
Additional paid-in capital 125,887 123,990
Retained earnings 219,459 197,998
Accumulated other comprehensive loss:    
Minimum pension liability, net of taxes (14,104) (18,587)
Treasury stock (74,944) (74,720)
Total shareholders’ equity 331,432 303,815
Total liabilities and shareholders' equity $ 393,835 $ 368,844