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Inventories

3 Months Ended

May 31, 2014



(In thousands)	May 31, 2014		March 1, 2014
Raw materials	$	18,828	$	17,975
Work-in-process	10,903		9,700
Finished goods	15,770		15,206
Costs and earnings in excess of billings on uncompleted contracts	4,921		5,101
Total inventories	$	50,422	$	47,982

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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