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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2017
Feb. 29, 2016
Current assets:    
Cash and cash equivalents $ 11,302 $ 40,191
Accounts receivable, net of allowance for doubtful accounts of $347 and $264 in 2017 and 2016, respectively 138,470 131,416
Inventories - net 123,208 102,135
Costs and estimated earnings in excess of billings on uncompleted contracts 20,546 32,287
Deferred income tax assets 249 200
Prepaid expenses and other 2,762 3,105
Total current assets 296,537 309,334
Property, plant, and equipment, net 228,610 226,333
Goodwill 306,579 292,527
Intangibles and other assets 146,113 153,816
Total Assets 977,839 982,010
Current Liabilities:    
Accounts payable 49,816 46,748
Income tax payable 778 2,697
Accrued salaries and wages 23,429 30,473
Other accrued liabilities 18,390 20,406
Customer advance payment 20,860 15,652
Billings in excess of costs and estimated earnings on uncompleted contracts 11,948 9,237
Long-term debt due within one year 16,629 23,192
Total Current Liabilities 141,850 148,405
Long-term debt due after one year 254,800 302,429
Deferred income tax liabilities 51,550 49,960
Total liabilities $ 448,200 $ 500,794
Common Stock, Shares, Issued 25,963,679 25,873,690
Shareholders' Equity:    
Common Stock, $1.00 par value; 100,000 shares authorized; 25,964 shares issued and outstanding at February 28, 2017 and 25,874 at February 29, 2016 $ 25,964 $ 25,874
Capital in excess of par value 37,739 35,148
Retained earnings 495,030 450,754
Accumulated other comprehensive income (loss) (29,094) (30,560)
Total Shareholders’ Equity 529,639 481,216
Total Liabilities and Shareholders’ Equity $ 977,839 $ 982,010