Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2017	Feb. 28, 2017
Current assets
Cash and cash equivalents	$ 83,865	$ 80,466
Accounts receivable, net of allowance for doubtful receivables of $1,318 at August 31, 2017 and $1,674 at February 28, 2017	38,171	37,368
Prepaid expenses	819	1,351
Prepaid income taxes	1,513	855
Inventories	29,228	27,965
Assets held for sale	1,320	1,245
Total current assets	154,916	149,250
Property, plant and equipment
Plant, machinery and equipment	135,476	136,584
Land and buildings	53,559	53,821
Other	23,548	23,644
Total property, plant and equipment	212,583	214,049
Less accumulated depreciation	164,822	164,054
Net property, plant and equipment	47,761	49,995
Goodwill	70,603	70,603
Intangible assets, net	52,235	53,927
Other assets	385	510
Total assets	325,900	324,285
Current liabilities
Accounts payable	10,753	14,202
Accrued expenses
Employee compensation and benefits	13,125	13,515
Taxes other than income	668	225
Other	1,750	2,026
Total current liabilities	26,296	29,968
Long-term debt	30,000	30,000
Liability for pension benefits	4,846	4,846
Deferred income taxes	7,257	6,953
Other liabilities	1,521	1,163
Total liabilities	69,920	72,930
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 at August 31 and February 28, 2017	75,134	75,134
Additional paid-in capital	120,675	121,525
Retained earnings	157,457	150,685
Accumulated other comprehensive income (loss):
Minimum pension liability, net of taxes	(14,765)	(15,261)
Total accumulated other comprehensive income (loss)	(14,765)	(15,261)
Treasury stock	(82,521)	(80,728)
Total shareholders’ equity	255,980	251,355
Total liabilities and shareholders' equity	$ 325,900	$ 324,285