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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 01, 2019
Mar. 02, 2019
Current assets    
Cash and cash equivalents $ 20,619 $ 17,087
Restricted cash 8,337 12,154
Receivables, net of allowance for doubtful accounts 209,338 192,767
Inventories 77,345 78,344
Refundable income taxes 61,069 55,095
Other current assets 16,081 16,451
Total current assets 392,789 371,898
Property, plant and equipment, net 317,522 315,823
Operating Lease, Right-of-Use Asset 46,780 0
Goodwill 185,237 185,832
Intangible assets 144,908 148,235
Other assets 45,003 46,380
Total assets 1,132,239 1,068,168
Current liabilities    
Accounts payable 73,017 72,219
Accrued payroll and related benefits 25,864 41,119
Other current liabilities 85,090 92,696
Billings in excess of costs and earnings on uncompleted contracts 20,230 21,478
Operating Lease, Liability, Current 10,704 0
Total current liabilities 214,905 227,512
Long-term debt 293,309 245,724
Operating Lease, Liability, Noncurrent 37,220 0
Long-term self-insurance reserves 23,117 21,433
Other non-current liabilities 78,712 77,182
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 8,843 9,005
Additional paid-in capital 150,240 151,842
Retained earnings 360,394 367,597
Common stock held in trust (767) (755)
Deferred compensation obligations 767 755
Accumulated other comprehensive loss (34,501) (32,127)
Total shareholders’ equity 484,976 496,317
Total liabilities and shareholders' equity $ 1,132,239 $ 1,068,168