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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2024
Feb. 29, 2024
Current assets:    
Cash and cash equivalents $ 1,484 $ 4,349
Trade accounts receivable, net of allowance for credit losses of $(2,204) and $(2,347) at November 30, 2024 and February 29, 2024, respectively 139,843 142,246
Other receivables 28,499 15,599
Inventories 114,701 117,656
Contract assets 99,158 79,335
Prepaid expenses and other 10,720 7,814
Total current assets 394,405 366,999
Property, plant and equipment, net 580,178 541,652
Right-of-use assets 25,888 23,739
Goodwill 704,569 705,468
Deferred tax assets 5,563 5,606
Intangible assets, net 427,812 445,435
Other assets 4,014 8,437
Total assets 2,244,550 2,195,505
Current liabilities:    
Accounts payable 97,798 88,001
Income tax payable 2,723 172
Accrued salaries and wages 34,286 30,823
Other accrued liabilities 80,051 68,651
Lease liability, short-term 7,434 6,659
Total current liabilities 222,292 194,306
Long-term debt, net 879,548 952,742
Lease liability, long-term 19,255 17,827
Deferred tax liabilities 44,544 38,567
Other long-term liabilities 49,323 57,572
Total liabilities 1,214,962 1,261,014
Commitments and contingencies (Note 22)
Mezzanine equity:    
Series A Convertible Preferred Stock, $1,000 par, shares authorized 100,000; 240 shares issued and outstanding February 29, 2024; aggregate liquidation preference $312,520 at February 29, 2024 0 233,722
Shareholders' Equity:    
Common stock, $1 par value; 100,000 shares authorized; 29,877 and 25,102 shares issued and outstanding at November 30, 2024 and November 30, 2023, respectively 29,877 25,102
Capital in excess of par value 415,059 103,330
Retained earnings 594,034 576,231
Accumulated other comprehensive loss (9,382) (3,894)
Total shareholders’ equity 1,029,588 700,769
Total liabilities, mezzanine equity and shareholders' equity 2,244,550 2,195,505
AIS Joint Venture    
Current assets:    
Investment in joint venture $ 102,121 $ 98,169