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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Aug. 27, 2022
Feb. 26, 2022
Current assets    
Cash and cash equivalents $ 22,065 $ 37,583
Restricted cash 8,684 0
Receivables, net 231,853 168,592
Inventories 98,046 80,494
Costs and earnings on contracts in excess of billings 29,522 30,403
Other current assets 34,048 20,820
Total current assets 424,218 337,892
Property, plant and equipment, net 232,766 249,995
Operating lease right-of-use assets 42,505 47,912
Goodwill 129,476 130,102
Intangible assets 70,377 72,481
Other non-current assets 49,632 49,481
Total assets 948,974 887,863
Current liabilities    
Accounts payable 86,871 92,104
Accrued payroll and related benefits 41,338 50,977
Billings in excess of costs and earnings on uncompleted contracts 29,616 8,659
Operating lease liabilities 11,498 12,744
Current portion long-term debt 0 1,000
Other current liabilities 64,060 67,462
Total current liabilities 233,383 232,946
Long-term debt 250,834 162,000
Non-current operating lease liabilities 34,625 39,591
Non-current self-insurance reserves 23,038 22,544
Other non-current liabilities 50,354 44,583
Shareholders' equity    
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 22,209,925 and 23,701,491 respectively 7,403 7,901
Additional paid-in capital 141,575 149,713
Retained earnings 240,245 254,825
Accumulated other comprehensive loss (32,483) (26,240)
Total shareholders’ equity 356,740 386,199
Total liabilities and shareholders’ equity $ 948,974 $ 887,863
Common Stock, Par or Stated Value Per Share $ 0.33 $ 0.33
Common Stock, Shares Authorized 50,000,000 50,000,000
Common Stock, Shares, Issued 22,209,925 23,701,491
Common Stock, Shares, Outstanding 22,209,925 23,701,491