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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 28, 2023
May 29, 2022
Cash flows from operating activities:    
Net earnings $ 1,854 $ 1,910
Depreciation and amortization 305 260
Stock-based compensation 218 85
Deferred income taxes 2 107
Amortization of bond premium 237 11
Loss (gain) on sale of marketable securities 65 0
Changes in operating assets and liabilities (2,564) (2,329)
Net cash provided by operating activities 117 44
Cash flows from investing activities:    
Purchases of property, plant and equipment (167) (88)
Purchases of marketable securities 0 (18,962)
Proceeds from sales and maturities of marketable securities 26,348 12,574
Net cash (used in) provided by investing activities 26,181 (6,476)
Cash flows from financing activities:    
Dividends paid (23,030) (2,046)
Purchase of treasury stock (1,669) 0
Net cash used in financing activities (24,699) (2,046)
Increase (decrease) in cash and cash equivalents: 1,599 (8,478)
Cash and cash equivalents, beginning of period 4,237 12,811
Cash and cash equivalents, end of period 5,836 4,333
Supplemental disclosure of non-cash activities:    
Cash paid during the period for income taxes, net of refunds $ 608 $ (5)