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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2025
Feb. 28, 2025
Current assets    
Cash and cash equivalents $ 32,623 $ 67,000
Short-term investments 0 5,475
Other receivables 10,646 1,716
Inventories, net 53,109 38,797
Prepaid expenses 2,725 2,587
Prepaid income taxes 0 128
Total current assets 136,045 152,740
Property, plant and equipment    
Plant, machinery and equipment 161,316 158,730
Land and buildings 71,703 67,946
Computer equipment and software 10,488 10,597
Other 3,947 3,995
Total property, plant and equipment 247,454 241,268
Less accumulated depreciation 188,368 188,682
Property, plant and equipment, net 59,086 52,586
Operating lease right-of-use assets, net 10,808 9,833
Goodwill 106,756 94,349
Intangible assets, net 42,824 33,270
Net pension asset 1,422 1,422
Other assets 4,719 4,735
Total assets 361,660 348,935
Current liabilities    
Accounts payable 23,144 13,799
Accrued expenses 18,391 15,339
Current portion of operating lease liabilities 4,271 4,166
Total current liabilities 45,806 33,304
Deferred income taxes 7,955 7,841
Operating lease liabilities, net of current portion 6,246 5,310
Other liabilities 501 500
Total liabilities 60,508 46,955
Shareholders’ equity    
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at May 31, 2025 and February 28, 2025 75,134 75,134
Additional paid-in capital 125,677 125,452
Retained earnings 187,658 184,430
Accumulated other comprehensive loss:    
Minimum pension liability, net of taxes (11,083) (11,426)
Treasury stock (76,234) (71,610)
Total shareholders’ equity 301,152 301,980
Total liabilities and shareholders' equity $ 361,660 $ 348,935