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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 04, 2017
Feb. 27, 2016
Feb. 28, 2015
Operating Activities      
Net earnings $ 85,790 $ 65,342 $ 50,516
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 35,607 31,248 29,423
Share-based compensation 6,000 4,900 4,793
Deferred income taxes (1,065) (6,139) 4,274
Gain on disposal of assets (371) (198) (933)
Proceeds from new markets tax credit transaction, net of deferred costs 5,109 0 0
Other, net (2,331) 1,017 229
Changes in operating assets and liabilities:      
Receivables 3,460 (2,918) (18,588)
Inventories (6,387) (2,798) (8,660)
Accounts payable and accrued expenses 17,449 17,265 12,871
Billings in excess of costs and earnings on uncompleted contracts (9,991) 9,657 (324)
Refundable and accrued income taxes (9,647) 12,589 (1,091)
Other, net 392 (1,045) (711)
Net cash provided by operating activities 124,001 128,943 71,799
Investing Activities      
Capital expenditures (68,061) (42,037) (27,220)
Purchases of marketable securities (3,705) (35,814) (6,142)
Sales/maturities of marketable securities 36,433 4,047 6,946
Acquisition of business and intangibles (137,932) 0 0
Change in restricted cash (7,834) 0 0
Other, net (2,659) (4,052) 1,941
Net cash used in investing activities (183,758) (77,856) (24,475)
Financing Activities      
Borrowings on line of credit 121,000 0 0
Payments on line of credit (76,012) 0 0
Payments on debt, net (396) (56) (139)
Shares withheld for taxes, net of stock issued to employees (446) (3,254) (3,905)
Repurchase and retirement of common stock (10,817) (24,911) (6,894)
Dividends paid (14,667) (13,184) (12,071)
Net cash provided by (used in) financing activities 18,662 (41,405) (23,009)
(Decrease) increase in cash and cash equivalents (41,095) 9,682 24,315
Effect of exchange rates on cash 88 (1,397) (595)
Cash and cash equivalents at beginning of year 60,470 52,185 28,465
Cash and cash equivalents at end of period 19,463 60,470 52,185
Noncash Activity      
Capital expenditures in accounts payable $ 3,254 $ 2,737 $ 2,656