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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2016
Feb. 28, 2015
Current assets:    
Cash and cash equivalents $ 40,191 $ 22,527
Accounts receivable, net of allowance for doubtful accounts of $264 and $1,472 in 2016 and 2015, respectively 131,416 125,638
Inventories - net 102,135 107,697
Costs and estimated earnings in excess of billings on uncompleted contracts 32,287 33,676
Deferred income tax assets 200 4,526
Prepaid expenses and other 3,105 4,570
Total current assets 309,334 298,634
Property, plant, and equipment, net 226,333 196,583
Goodwill 292,527 279,074
Intangibles and other assets 155,177 162,623
Total Assets 983,371 936,914
Current Liabilities:    
Accounts payable 46,748 49,580
Income tax payable 2,697 2,888
Accrued salaries and wages 30,473 17,046
Other accrued liabilities 20,406 18,287
Customer advance payment 15,652 28,401
Profit sharing 0 6,400
Billings in excess of costs and estimated earnings on uncompleted contracts 9,237 4,674
Long-term debt due within one year 23,192 21,866
Total Current Liabilities 148,405 149,142
Long-term debt due after one year 303,790 315,982
Deferred income tax liabilities 49,960 51,738
Total liabilities $ 502,155 $ 516,862
Common Stock, Shares, Issued 25,873,690 25,732,331
Shareholders' Equity:    
Common Stock, $1.00 par value; 100,000 shares authorized; 25,874 shares issued and outstanding at February 29, 2016 and 25,732 at February 28, 2015 $ 25,874 $ 25,732
Capital in excess of par value 35,148 27,706
Retained earnings 450,754 389,446
Accumulated other comprehensive income (loss) (30,560) (22,832)
Total Shareholders’ Equity 481,216 420,052
Total Liabilities and Shareholders’ Equity $ 983,371 $ 936,914