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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2023
Feb. 28, 2023
Current assets:    
Cash and cash equivalents $ 7,509 $ 2,820
Accounts receivable, net of allowance for credit losses of $2,096 and $5,752 at February 28, 2023 and February 28, 2022, respectively 142,463 156,443
Other receivables 31,005 26,969
Inventories 126,737 143,920
Contract assets 75,719 79,273
Prepaid expenses and other 9,295 7,991
Total current assets 392,728 417,416
Property, plant and equipment, net 525,338 498,503
Right-of-use assets 22,830 26,392
Goodwill 705,487 702,512
Deferred tax assets 5,820 12,467
Intangibles and other assets, net 451,289 469,392
Investment in joint venture 97,200  
Other assets 8,026 10,037
Total assets 2,208,756 2,221,479
Current liabilities:    
Accounts payable 95,158 84,256
Income tax payable 45 272
Accrued salaries and wages 25,868 26,262
Other accrued liabilities 72,476 70,047
Lease liability, short-term 6,453 6,403
Total current liabilities 200,000 187,240
Long-term debt, net 980,004 1,058,120
Lease liability, long-term 17,112 20,704
Deferred tax liabilities 33,370 40,536
Other long-term liabilities 57,120 61,419
Total liabilities 1,287,606 1,368,019
Commitments and contingencies (Note 19)
Shareholders' Equity:    
Common Stock, $1 par value; 100,000 shares authorized; 25,077 and 24,912 shares issued and outstanding at November 30, 2023 and November 30, 2022, respectively 25,077 24,912
Capital in excess of par value 333,555 326,839
Retained earnings 566,235 506,042
Accumulated other comprehensive loss (3,957) (4,573)
Total shareholders’ equity 921,150 853,460
Total liabilities and shareholders' equity 2,208,756 2,221,479
AIS Joint Venture    
Current assets:    
Investment in joint venture 97,238 84,760
Series A Preferred Stock    
Shareholders' Equity:    
Series A Convertible Preferred Stock, $1 par, shares authorized 240; 240 shares issued and outstanding at November 30, 2023 and 240000 shares issued and outstanding at November 30, 2022 $ 240 $ 240