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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Dec. 02, 2017
Mar. 04, 2017
Current assets    
Cash and cash equivalents $ 12,845 $ 19,463
Short-term available for sale securities 482 548
Restricted cash 0 7,834
Receivables, net of allowance for doubtful accounts 246,863 185,740
Inventories 98,062 73,409
Refundable income taxes 0 1,743
Other current assets 16,536 8,724
Total current assets 374,788 297,461
Property, plant and equipment, net 302,904 246,748
Available for sale securities 9,766 9,041
Deferred tax assets 6,128 4,025
Goodwill 152,881 101,334
Intangible assets 173,856 106,686
Other assets 23,445 19,363
Total assets 1,043,768 784,658
Current liabilities    
Accounts payable 62,655 63,182
Accrued payroll and related benefits 33,769 51,244
Accrued self-insurance reserves 8,834 8,575
Other current liabilities 60,923 34,200
Billings in excess of costs and earnings on uncompleted contracts 38,830 28,857
Accrued income taxes 4,520 0
Total current liabilities 209,531 186,058
Long-term debt 231,276 65,400
Unrecognized tax benefits 4,837 3,980
Long-term self-insurance reserves 17,038 8,831
Deferred tax liabilities 2,910 4,025
Other non-current liabilities 59,481 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 9,547 9,560
Additional paid-in capital 154,357 150,111
Retained earnings 375,280 341,996
Common stock held in trust (908) (875)
Deferred compensation obligations 908 875
Accumulated other comprehensive loss (20,489) (31,090)
Total shareholders’ equity 518,695 470,577
Total liabilities and shareholders' equity $ 1,043,768 $ 784,658