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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2025
Feb. 29, 2024
Current assets    
Cash and cash equivalents $ 67,000 $ 81,597
Short-term investments 5,475 29,325
Accounts receivable, net 38,753 47,209
Inventories, net 38,797 40,037
Prepaid expenses 2,587 2,168
Prepaid income taxes 128 1,046
Total current assets 152,740 201,382
Property, plant and equipment    
Plant, machinery and equipment 158,730 160,305
Land and buildings 67,946 67,121
Computer equipment and software 10,597 10,680
Other 3,995 4,124
Total property, plant and equipment 241,268 242,230
Less accumulated depreciation 188,682 187,265
Property, plant and equipment, net 52,586 54,965
Operating lease right-of-use assets, net 9,833 9,827
Goodwill 94,349 94,349
Intangible assets, net 33,270 38,327
Net pension asset 1,422 80
Other assets 4,735 260
Total assets 348,935 399,190
Current liabilities    
Accounts payable 13,799 11,846
Accrued expenses 15,339 17,541
Current portion of operating lease liabilities 4,166 4,414
Total current liabilities 33,304 33,801
Deferred income taxes 7,841 9,305
Operating lease liabilities, net of current portion 5,310 5,160
Other liabilities 500 1,083
Total liabilities 46,955 49,349
Shareholders’ equity    
Common stock $2.50 par value, authorized 40,000,000 shares; issued and outstanding 30,053,443 shares at February 28, 2025 and February 29, 2024 75,134 75,134
Additional paid-in capital 125,452 126,253
Retained earnings 184,430 236,196
Accumulated other comprehensive loss:    
Minimum pension liability, net of taxes (11,426) (13,019)
Treasury stock (71,610) (74,723)
Total shareholders’ equity 301,980 349,841
Total liabilities and shareholders' equity $ 348,935 $ 399,190