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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2025
Feb. 28, 2025
Current assets:    
Cash and cash equivalents $ 3,043 $ 1,488
Trade accounts receivable, net of allowance for credit losses of $431 and $419 at May 31, 2025 and February 28, 2025, respectively 153,496 135,149
Other receivables 14,919 12,932
Inventories 110,759 112,313
Contract assets 109,093 106,507
Prepaid expenses and other 16,635 7,055
Total current assets 407,945 375,444
Property, plant and equipment, net 597,892 592,941
Right-of-use assets 27,544 25,951
Goodwill 704,873 703,863
Deferred tax assets 4,015 3,620
Intangible assets, net 413,207 421,850
Other assets 3,709 4,053
Total assets 2,159,185 2,227,101
Current liabilities:    
Accounts payable 107,196 106,471
Income tax payable 54,608 602
Accrued salaries and wages 20,458 37,742
Other accrued liabilities 79,631 68,428
Lease liability, short-term 8,204 7,749
Total current liabilities 270,097 220,992
Long-term debt, net 569,807 852,365
Lease liability, long-term 20,168 19,012
Deferred tax liabilities 39,355 42,819
Other long-term liabilities 45,460 46,418
Total liabilities 944,887 1,181,606
Commitments and contingencies (Note 22)
Shareholders' Equity:    
Common stock, $1 par value; 100,000 shares authorized; 30,007 and 29,913 shares issued and outstanding at May 31, 2025 and May 31, 2024, respectively 30,007 29,913
Capital in excess of par value 418,399 418,004
Retained earnings 774,981 609,158
Accumulated other comprehensive loss (9,089) (11,580)
Total shareholders’ equity 1,214,298 1,045,495
Total liabilities, mezzanine equity and shareholders' equity 2,159,185 2,227,101
AIS Joint Venture    
Current assets:    
Investment in joint venture $ 0 $ 99,379