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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 01, 2024
Mar. 03, 2024
Current assets    
Cash and cash equivalents $ 12,754 $ 6,567
Marketable securities (Note 3) 57,288 70,644
Accounts receivable, less allowance for credit losses of $136 and $128, respectively 9,687 12,381
Inventories (Note 4) 10,592 6,404
Prepaid expenses and other current assets 2,243 2,849
Total current assets 92,564 98,845
Property, plant and equipment, net 21,479 23,499
Operating right-of-use assets (Note 5) 320 95
Goodwill and other intangible assets 9,776 9,776
Other assets 83 94
Total assets 124,222 132,309
Current liabilities    
Accounts payable 5,532 3,514
Operating lease liability (Note 5) 39 53
Accrued liabilities 1,427 1,986
Income taxes payable 5,258 4,105
Total current liabilities 12,256 9,658
Long-term operating lease liability (Note 5) 328 82
Non-current income taxes payable (Note 9) 0 5,259
Deferred income taxes (Note 9) 3,034 3,222
Other liabilities 1,246 1,174
Total liabilities 16,864 19,395
Commitments and Contingencies  
Shareholders' equity (Note 8)    
Common stock 2,096 2,096
Additional paid-in capital 170,731 170,445
Accumulated deficit (48,305) (45,374)
Accumulated other comprehensive loss (965) (2,271)
Stockholders' Equity, Including Treasury Stock 123,557 124,896
Less treasury stock, at cost 16,199 11,982
Total shareholders' equity 107,358 112,914
Total liabilities and shareholders' equity $ 124,222 $ 132,309