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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 02, 2019
Mar. 03, 2018
Current assets    
Cash and cash equivalents $ 17,087 $ 19,359
Restricted cash 12,154 0
Receivables, net of allowance for doubtful accounts 192,767 211,852
Inventories 78,344 80,908
Costs and earnings on contracts in excess of billings 55,095 4,120
Other current assets 16,451 20,039
Total current assets 371,898 336,278
Property, plant and equipment, net 315,823 304,063
Goodwill 185,832 180,956
Intangible assets 148,235 167,349
Other non-current assets 46,380 33,674
Total assets 1,068,168 1,022,320
Current liabilities    
Accounts payable 72,219 68,416
Accrued payroll and related benefits 41,119 36,646
Accrued self-insurance reserves 9,537 10,933
Billings in excess of costs and earnings on uncompleted contracts 21,478 12,461
Other current liabilities 83,159 79,696
Total current liabilities 227,512 208,152
Long-term debt 245,724 215,860
Long-term self-insurance reserves 21,433 16,307
Other non-current liabilities 77,182 70,646
Commitments and contingent liabilities (Note 10)
Shareholders’ equity    
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 27,015,127 and 28,158,042 shares, respectively 9,005 9,386
Additional paid-in capital 151,842 152,763
Retained earnings 367,597 373,259
Common stock held in trust (755) (922)
Deferred compensation obligations 755 922
Accumulated other comprehensive loss (32,127) (24,053)
Total shareholders’ equity 496,317 511,355
Total liabilities and shareholders’ equity $ 1,068,168 $ 1,022,320