The table below sets forth the condensed consolidated balance sheet, including the balances originally reported, corrections and the as restated balances for each restated period (in thousands):



	August 31, 2017
	As Reported		Correction			As Restated
Assets
Inventories - net	$	144,008	$	(35,555	)	$	108,453
Costs and estimated earnings in excess of billings on uncompleted contracts	32,082		33,736			65,818
Total current assets	325,007		(1,819		)	323,188
Total assets	$	1,011,401	$	(1,819	)	$	1,009,582
Liabilities and Shareholders’ Equity
Other accrued liabilities	$	20,085	$	1,505		$	21,590
Customer deposits	25,951		(24,345		)	1,606
Billings in excess of costs and estimated earnings on uncompleted contracts	6,708		14,979			21,687
Total current liabilities	126,273		(7,861		)	118,412
Deferred income tax liabilities	52,293		2,266			54,559
Total liabilities	466,088		(5,595		)	460,493
Shareholders’ equity:
Retained earnings	507,754		3,776			511,530
Total shareholders’ equity	545,313		3,776			549,089
Total liabilities and shareholders' equity	$	1,011,401	$	(1,819	)	$	1,009,582

The table below sets forth the condensed consolidated statements of income, including the balances originally reported, corrections and the as restated balances for each restated period (in thousands, except per share data):



	Three Months Ended August 31,
	2017						2016
	As Reported		Correction		As Restated		As Reported		Correction		As Restated
Net Sales	$	190,407	$	5,922	$	196,329	$	195,045	$	5,745	$	200,790
Cost of Sales	148,938		3,591		152,529		153,159		5,527		158,686
Gross Profit	41,469		2,331		43,800		41,886		218		42,104

Operating Income	15,056		2,331		17,387		14,889		218		15,107

Income Before Income Taxes	11,396		2,331		13,727		11,185		218		11,403
Income Tax Expense	3,067		874		3,941		1,162		82		1,244
Net Income	$	8,329	$	1,457	$	9,786	$	10,023	$	136	$	10,159
Earnings Per Common Share
Basic Earnings Per Share	$	0.32	$	0.06	$	0.38	$	0.39	$	—	$	0.39
Diluted Earnings Per Share	$	0.32	$	0.06	$	0.38	$	0.38	$	0.01	$	0.39



	Six Months Ended August 31,
	2017						2016
	As Reported		Correction		As Restated		As Reported		Correction		As Restated
Net Sales	$	398,958	$	2,654	$	401,612	$	437,712	$	13,444	$	451,156
Cost of Sales	308,223		2,207		310,430		332,499		11,425		343,924
Gross Profit	90,735		447		91,182		105,213		2,019		107,232

Operating Income	36,963		447		37,410		49,397		2,019		51,416

Income Before Income Taxes	30,128		447		30,575		42,000		2,019		44,019
Income Tax Expense	8,559		168		8,727		10,914		757		11,671
Net Income	$	21,569	$	279	$	21,848	$	31,086	$	1,262	$	32,348
Earnings Per Common Share
Basic Earnings Per Share	$	0.83	$	0.01	$	0.84	$	1.20	$	0.05	$	1.25
Diluted Earnings Per Share	$	0.83	$	0.01	$	0.84	$	1.19	$	0.05	$	1.24

The table below sets forth the condensed consolidated statements of comprehensive income, including the balances originally reported, corrections and the as restated balances for each restated period (in thousands):



	Three Months Ended August 31,
	2017						2016
	As Reported		Correction		As Restated		As Reported		Correction		As Restated
Net Income	$	8,329	$	1,457	$	9,786	$	10,023	$	136	$	10,159
Comprehensive Income	13,641		1,457		15,098		10,214		136		10,350



	Six Months Ended August 31,
	2017						2016
	As Reported		Correction		As Restated		As Reported		Correction		As Restated
Net Income	$	21,569	$	279	$	21,848	$	31,086	$	1,262	$	32,348
Comprehensive Income	25,870		279		26,149		33,742		1,262		35,004

The table below sets forth the condensed consolidated statements of cash flows from operating activities, including the balances originally reported, corrections and the as restated balances for each restated period (in thousands):



	Six Months Ended August 31,
	2017									2016
	As Reported			Correction			As Restated			As Reported			Correction			As Restated
Cash flows from operating activities:
Net income	$	21,569		$	279		$	21,848		$	31,086		$	1,262		$	32,348
Deferred income taxes	682			168			850			1,509			757			2,266
Inventories	(19,658		)	6,354			(13,304		)	(15,832		)	12,565			(3,267		)
Net change in billings related to costs and estimated earnings on uncompleted contracts	(16,487		)	2,290			(14,197		)	8,028			(9,902		)	(1,874		)
Other accrued liabilities and income taxes payable	(1,651		)	(9,091		)	(10,742		)	(6,279		)	(4,682		)	(10,961		)
Net cash provided by operating activities:	$	2,785		$	—		$	2,785		$	50,028		$	—		$	50,028

The restatement had no impact on cash flows from investing activities or financing activities.

The table below sets forth the condensed consolidated statement of shareholders' equity, including the balances originally reported, corrections and the as restated balances for each restated period (in thousands):



	Retained Earnings		Total Stockholders' Equity
Balance at August 31, 2017, as reported	$	507,754	$	545,313
Correction	3,776		3,776
Balance at August 31, 2017, as restated	$	511,530	$	549,089