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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 02, 2017
Mar. 04, 2017
Current assets    
Cash and cash equivalents $ 29,528 $ 19,463
Short-term available for sale securities 464 548
Restricted cash 0 7,834
Receivables, net of allowance for doubtful accounts 222,583 185,740
Inventories 103,673 73,409
Refundable income taxes 0 1,743
Other current assets 12,498 8,724
Total current assets 368,746 297,461
Property, plant and equipment, net 299,974 246,748
Available for sale securities 10,357 9,041
Deferred tax assets 2,232 4,025
Goodwill 153,483 101,334
Intangible assets 181,124 106,686
Other assets 23,460 19,363
Total assets 1,039,376 784,658
Current liabilities    
Accounts payable 63,619 63,182
Accrued payroll and related benefits 30,632 51,244
Accrued self-insurance reserves 8,461 8,575
Other current liabilities 56,378 34,200
Billings in excess of costs and earnings on uncompleted contracts 33,864 28,857
Accrued income taxes 4,854 0
Total current liabilities 197,808 186,058
Long-term debt 257,806 65,400
Unrecognized tax benefits 4,465 3,980
Long-term self-insurance reserves 17,001 8,831
Deferred tax liabilities 1,836 4,025
Other non-current liabilities 59,086 45,787
Commitments and contingent liabilities (Note 13)
Shareholders' equity    
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 28,996,209 and 28,958,119, respectively 9,548 9,560
Additional paid-in capital 152,711 150,111
Retained earnings 355,623 341,996
Common stock held in trust (897) (875)
Deferred compensation obligations 897 875
Accumulated other comprehensive loss (16,508) (31,090)
Total shareholders’ equity 501,374 470,577
Total liabilities and shareholders' equity $ 1,039,376 $ 784,658