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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 02, 2025
Mar. 03, 2024
Cash and cash equivalents $ 21,621 $ 6,567
Marketable securities (Note 2) 47,213 70,644
Accounts receivable, less allowance for credit losses of $125 and $128, respectively 12,903 12,381
Inventories (Note 3) 7,213 6,404
Prepaid expenses and other current assets 1,344 2,849
Total current assets 90,294 98,845
Property, plant and equipment, net (Note 3) 21,650 23,499
Operating right-of-use assets (Note 9) 308 95
Goodwill and other intangible assets, net (Note 3) 9,776 9,776
Other assets 80 94
Total assets 122,108 132,309
Accounts payable 2,513 3,514
Operating lease liabilities (Note 9) 40 53
Accrued liabilities (Note 3) 1,318 1,986
Income taxes payable (Note 4) 5,390 4,105
Total current liabilities 9,261 9,658
Long-term operating lease liabilities (Note 9) 318 82
Non-current income taxes payable (Note 4) 0 5,259
Deferred income taxes (Note 4) 5,304 3,222
Other liabilities (Note 4) 71 1,174
Total liabilities 14,954 19,395
Commitments and contingencies  
Shareholders' equity (Note 6):    
Preferred stock, $1 par value per shares-authorized, 500,000 shares; issued, none 0 0
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 170,265 170,445
Accumulated deficit (49,550) (45,374)
Accumulated other comprehensive loss (665) (2,271)
Stockholders' Equity, Including Treasury Stock 122,146 124,896
Less treasury stock, at cost, 962,476 and 711,783 shares, respectively (14,992) (11,982)
Total shareholders' equity 107,154 112,914
Total liabilities and shareholders' equity $ 122,108 $ 132,309