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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Nov. 26, 2022
Feb. 26, 2022
Current assets    
Cash and cash equivalents $ 21,746 $ 37,583
Restricted cash 3,718 0
Receivables, net 222,554 168,592
Inventories 86,032 80,494
Costs and earnings on contracts in excess of billings 32,964 30,403
Other current assets 29,676 20,820
Total current assets 396,690 337,892
Property, plant and equipment, net 231,173 249,995
Operating lease right-of-use assets 44,198 47,912
Goodwill 129,268 130,102
Intangible assets 68,825 72,481
Other non-current assets 48,292 49,481
Total assets 918,446 887,863
Current liabilities    
Accounts payable 70,137 92,104
Accrued payroll and related benefits 55,528 50,977
Billings in excess of costs and earnings on uncompleted contracts 29,121 8,659
Operating lease liabilities 11,077 12,744
Current portion long-term debt 0 1,000
Other current liabilities 66,174 67,462
Total current liabilities 232,037 232,946
Long-term debt 203,735 162,000
Non-current operating lease liabilities 36,778 39,591
Non-current self-insurance reserves 21,062 22,544
Other non-current liabilities 47,196 44,583
Shareholders' equity    
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 22,213,635 and 23,701,491 respectively 7,405 7,901
Additional paid-in capital 144,358 149,713
Retained earnings 258,836 254,825
Accumulated other comprehensive loss (32,961) (26,240)
Total shareholders’ equity 377,638 386,199
Total liabilities and shareholders’ equity $ 918,446 $ 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 22,213,635 23,701,491
Common Stock, Shares, Outstanding 22,213,635 23,701,491