XML 29 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements Of Cash Flows (USD $)
In Thousands
6 Months Ended
Aug. 27, 2011
Aug. 28, 2010
Operating Activities    
Net loss $ (3,854) $ (3,600)
Adjustments to reconcile net earnings to net cash used in operating activities:    
Net earnings from discontinued operations   (4,870)
Depreciation and amortization 13,876 13,775
Stock-based compensation 2,012 2,632
Deferred income taxes 1,190 (2,677)
Gain on disposal of assets (492) (190)
Other, net 98 104
Changes in operating assets and liabilities:    
Receivables (10,198) (4,741)
Inventories (7,326) (3,875)
Accounts payable and accrued expenses (2,059) (16,449)
Billings in excess of costs and earnings on uncompleted contracts (5,315) (1,892)
Refundable and accrued income taxes (2,991) (5,540)
Other, net 342 488
Net cash used in continuing operating activities (14,717) (26,835)
Investing Activities    
Capital expenditures (3,577) (5,019)
Proceeds from sales of property, plant and equipment 10,313 169
Acquisition of intangibles (58) (10)
Purchases of restricted investments (12,329) (12,000)
Sales/maturities of restricted investments 23,190 161
Purchases of marketable securities (9,462) (23,576)
Sales/maturities of marketable securities 18,284 42,833
Investments in corporate-owned life insurance policies (1,435)  
Net cash provided by investing activities 24,926 2,558
Financing Activities    
Net proceeds from issuance of debt   12,000
Payments on debt (1,250)  
Payments on debt issue costs (66) (262)
Shares withheld for taxes, net of stock issued to employees (752) (893)
Dividends paid (4,579) (4,577)
Net cash (used in) provided by financing activities (6,647) 6,268
Cash Flows of Discontinued Operations    
Net cash used in operating activities (3,263) (62)
Net cash used in discontinued operations (3,263) (62)
Increase (decrease) in cash and cash equivalents 299 (18,071)
Effect of exchange rates on cash 10  
Cash and cash equivalents at beginning of year 24,302 46,929
Cash and cash equivalents at end of period 24,611 28,858
Noncash Activity    
Capital expenditures in accounts payable $ 340 $ 570