Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2023	Feb. 28, 2023
Current assets
Cash	$ 83,902	$ 93,968
Short-term investments	18,495	0
Accounts receivable, net	48,140	53,507
Inventories, net	42,325	46,834
Prepaid expenses	2,818	2,317
Prepaid income taxes	3,640	0
Total current assets	199,320	196,626
Property, plant and equipment
Plant, machinery and equipment	159,092	153,074
Land and buildings	66,980	59,163
Computer equipment and software	10,691	18,832
Other	4,124	4,292
Total property, plant and equipment	240,887	235,361
Less accumulated depreciation	184,923	187,572
Property, plant and equipment, net	55,964	47,789
Operating lease right-of-use assets, net	11,188	13,133
Goodwill	92,391	91,819
Intangible assets, net	42,075	44,088
Other assets	272	380
Total assets	401,210	393,835
Current liabilities
Accounts payable	10,860	18,333
Accrued expenses	18,617	18,067
Current portion of operating lease liabilities	4,811	4,847
Total current liabilities	34,288	41,247
Liability for pension benefits	646	646
Deferred income taxes	11,458	11,098
Operating lease liabilities, net of current portion	6,140	8,162
Other liabilities	1,051	1,250
Total liabilities	53,583	62,403
Shareholders’ equity
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at November 30, 2023 and February 28, 2023	75,134	75,134
Additional paid-in capital	127,135	125,887
Retained earnings	232,519	219,459
Accumulated other comprehensive income loss:
Minimum pension liability, net of taxes	(13,024)	(14,104)
Treasury stock	(74,137)	(74,944)
Total shareholders’ equity	347,627	331,432
Total liabilities and shareholders' equity	$ 401,210	$ 393,835