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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Nov. 27, 2022
Feb. 27, 2022
Current assets    
Cash and cash equivalents $ 4,610 $ 12,811 [1]
Marketable securities (Note 3) 98,693 97,550 [1]
Accounts receivable, less allowance for doubtful accounts of $116 and $104, respectively 8,923 8,339 [1]
Inventories (Note 4) 6,816 4,657 [1]
Prepaid expenses and other current assets 4,264 3,082 [1]
Total current assets 123,306 126,439 [1]
Property, plant and equipment, net 24,256 24,333 [1]
Operating right-of-use assets (Note 5) 163 203 [1]
Goodwill and other intangible assets 9,790 9,790 [1]
Other assets 112 122 [1]
Total assets 157,627 160,887 [1]
Current liabilities    
Accounts payable 2,365 2,534 [1]
Operating lease liability (Note 5) 53 53 [1]
Accrued liabilities 1,270 1,494 [1]
Income taxes payable 2,660 2,211 [1]
Total current liabilities 6,348 6,292 [1]
Long-term operating lease liability (Note 5) 141 174 [1]
Non-current income taxes payable (Note 10) 10,938 12,621 [1]
Deferred income taxes (Note 10) 1,937 1,671 [1]
Other liabilities 4,650 4,497 [1]
Total liabilities 24,014 25,255 [1]
Commitments and contingencies
Shareholders' equity (Note 8)    
Common stock 2,096 2,096 [1]
Additional paid-in capital 169,837 169,665 [1]
Accumulated deficit (24,881) (24,767) [1]
Accumulated other comprehensive loss (4,283) (1,965) [1]
Stockholders' Equity, Including Treasury Stock 142,769 145,029 [1]
Less treasury stock, at cost 9,156 9,397 [1]
Total shareholders' equity 133,613 135,632 [1]
Total liabilities and shareholders' equity $ 157,627 $ 160,887 [1]
[1] The balance sheet at February 27, 2022 has been derived from the audited consolidated financial statements at that date.