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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 26, 2023
Feb. 27, 2022
Current assets:    
Cash and cash equivalents $ 4,237 $ 12,811
Marketable securities (Note 2) 101,203 97,550
Accounts receivable, less allowance for doubtful accounts of $120 and $104, respectively 9,989 8,339
Inventories (Note 3) 6,768 4,657
Prepaid expenses and other current assets 2,844 3,082
Total current assets 125,041 126,439
Property, plant and equipment, net (Note 3) 24,251 24,333
Operating right-of-use assets (Note 10) 150 203
Goodwill and other intangible assets, net (Note 3) 9,783 9,790
Other assets 108 122
Total assets 159,333 160,887
Current liabilities:    
Accounts payable 4,545 2,534
Operating lease liabilities (Note 10) 53 53
Accrued liabilities (Note 3) 1,346 1,494
Dividend Payable 20,471 0
Income taxes payable 2,171 2,211
Total current liabilities 28,586 6,292
Long-term operating lease liabilities (Note 10) 129 174
Non-current income taxes payable (Note 4) 10,938 12,621
Deferred income taxes (Note 4) 1,995 1,671
Other liabilities (Note 4) 1,751 4,497
Total liabilities 43,399 25,255
Commitments and contingencies  
Shareholders' equity (Note 6):    
Preferred stock, $1 par value per shares-authorized, 500,000 shares; issued, none 0 $ 0
Common Stock, Shares Authorized (in shares)   60,000,000
Common stock, $0.10 par value per shares-authorized, 60,000,000 shares; issued, 20,965,144 shares 2,096 $ 2,096
Additional paid-in capital 169,932 169,665
Accumulated deficit (42,694) (24,767)
Accumulated other comprehensive loss (4,244) (1,965)
Stockholders' Equity, Including Treasury Stock 125,090 145,029
Less treasury stock, at cost, 493,934 and 506,934 shares, respectively 9,156 9,397
Total shareholders' equity 115,934 135,632
Total liabilities and shareholders' equity $ 159,333 $ 160,887