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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Nov. 30, 2024
Mar. 02, 2024
Current assets    
Cash and cash equivalents $ 43,855 $ 37,216
Receivables, net 187,799 173,557
Inventories, net 97,003 69,240
Contract assets 57,545 49,502
Other current assets 45,119 29,124
Total current assets 431,321 358,639
Property, plant and equipment, net of accumulated depreciation of $465,837 and $445,017 269,063 244,216
Operating lease right-of-use assets 63,663 40,221
Goodwill 234,814 129,182
Intangible assets, net 140,390 66,114
Other non-current assets 41,269 45,692
Total assets 1,180,520 884,064
Current liabilities    
Accounts payable 96,372 84,755
Accrued compensation and benefits 39,432 53,801
Contract liabilities 46,165 34,755
Operating lease liabilities 14,958 12,286
Other current liabilities 66,982 59,108
Total current liabilities 263,909 244,705
Long-term debt 272,000 62,000
Non-current operating lease liabilities 54,188 31,907
Non-current self-insurance reserves 33,303 30,552
Other non-current liabilities 35,051 43,875
Commitments and contingent liabilities (Note 6)
Shareholders’ equity    
Junior preferred stock of $1.00 par value; authorized 200,000 shares; zero issued and outstanding 0 0
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 21,939,010 and 22,089,265, respectively 7,313 7,363
Additional paid-in capital 158,248 152,818
Retained earnings 388,478 340,375
Accumulated other comprehensive loss (31,970) (29,531)
Total shareholders’ equity 522,069 471,025
Total liabilities and shareholders’ equity $ 1,180,520 $ 884,064