Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2021	Feb. 29, 2020
Current assets
Cash	$ 75,190	$ 68,258
Accounts receivable, net of allowance for doubtful receivables of $961 at February 28, 2021 and $715 at February 29, 2020	37,891	43,086
Prepaid expenses	1,605	1,541
Prepaid income taxes		2,164
Inventories	32,906	34,835
Assets held for sale	482
Total current assets	148,074	149,884
Property, plant and equipment
Plant, machinery and equipment	157,737	155,744
Land and buildings	56,185	57,887
Computer equipment and software	19,336	19,312
Other	4,808	4,873
Total property, plant and equipment	238,066	237,816
Less accumulated depreciation	182,682	181,414
Net property, plant and equipment	55,384	56,402
Operating lease right-of-use assets	19,187	20,068
Goodwill	88,647	82,527
Intangible assets, net	52,712	56,557
Other assets	384	261
Total assets	364,388	365,699
Current liabilities
Accounts payable	14,759	17,235
Accrued expenses	14,955	15,069
Current portion of operating lease liabilities	5,338	5,665
Total current liabilities	35,052	37,969
Liability for pension benefits	6,299	8,936
Deferred income taxes	7,677	8,749
Operating lease liabilities, net of current portion	13,567	14,200
Other liabilities	1,244	1,516
Total liabilities	63,839	71,370
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 February 28, 2021 and February 29, 2020	75,134	75,134
Additional paid-in capital	123,017	123,052
Retained earnings	194,436	193,809
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(20,282)	(25,206)
Treasury stock	(71,756)	(72,460)
Total shareholders’ equity	300,549	294,329
Total liabilities and shareholders' equity	$ 364,388	$ 365,699