Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
Current assets
Cash	$ 80,466	$ 7,957
Accounts receivable, net of allowance for doubtful receivables of $1,674 at February 28, 2017 and $2,041 at February 29, 2016	37,368	36,546
Prepaid expenses	1,351	1,443
Prepaid income taxes	855	1,318
Inventories	27,965	27,619
Assets held for sale	1,245	464
Current assets of discontinued operations		100,494
Total current assets	149,250	175,841
Property, plant and equipment, at cost
Plant, machinery and equipment	136,584	131,346
Land and buildings	53,821	54,985
Other	23,644	22,686
Total property, plant and equipment	214,049	209,017
Less accumulated depreciation	164,054	158,226
Net property, plant and equipment	49,995	50,791
Goodwill	70,603	64,537
Trademarks and trade names	15,291	15,291
Other intangible assets, net	38,636	36,973
Other assets	510	274
Long-term assets of discontinued operations		46,337
Total assets	324,285	390,044
Current liabilities
Accounts payable	14,202	13,738
Accrued expenses
Employee compensation and benefits	13,515	11,798
Taxes other than income	225	172
Income taxes payable		64
Other	2,026	2,133
Current liabilities of discontinued operations		12,495
Total current liabilities	29,968	40,400
Long-term debt	30,000	40,000
Liability for pension benefits	4,846	8,696
Deferred income taxes	6,953	1,536
Other liabilities	1,163	866
Total liabilities	72,930	91,498
Commitments and contingencies
Shareholders' equity
Preferred stock $10 par value, authorized 1,000,000 shares none issued
Common stock $2.50 par value, authorized 40,000,000 shares issued 30,053,443 shares in 2017 and 2016	75,134	75,134
Additional paid-in capital	121,525	121,597
Retained earnings	150,685	206,105
Accumulated other comprehensive loss:
Foreign currency translation, net of taxes		(9,940)
Minimum pension liability, net of taxes	(15,261)	(17,345)
Total accumulated other comprehensive loss	(15,261)	(27,285)
Treasury stock	(80,728)	(77,005)
Total shareholders' equity	251,355	298,546
Total liabilities and shareholders' equity	$ 324,285	$ 390,044