Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands |
May 31, 2019 |
Feb. 28, 2019 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 13,586
|
$ 24,005
|
| Accounts receivable (net of allowance for doubtful accounts of $5,154 as of May 31, 2019 and $2,267 as of February 28, 2019) |
159,234
|
144,887
|
| Inventories: |
|
|
| Raw material |
101,434
|
94,410
|
| Work-in-process |
12,638
|
19,067
|
| Finished goods |
4,150
|
11,370
|
| Contract assets |
95,544
|
75,561
|
| Prepaid expenses and other |
10,359
|
9,245
|
| Total current assets |
396,945
|
378,545
|
| Property, plant and equipment, net |
206,305
|
210,227
|
| Operating Lease, Right-of-Use Asset |
46,983
|
45,870
|
| Goodwill |
360,059
|
323,756
|
| Intangibles and other assets, net |
125,387
|
130,172
|
| Total assets |
1,135,679
|
1,088,570
|
| Current liabilities: |
|
|
| Accounts payable |
60,436
|
53,047
|
| Income tax payable |
5,272
|
632
|
| Accrued salaries and wages |
17,895
|
30,395
|
| Other accrued liabilities |
26,379
|
17,631
|
| Customer deposits |
514
|
481
|
| Contract liabilities |
22,319
|
56,928
|
| Operating Lease, Liability, Current |
5,951
|
5,657
|
| Total current liabilities |
138,766
|
164,771
|
| Debt due after one year, net |
296,779
|
240,745
|
| Operating Lease, Liability, Noncurrent |
42,042
|
41,190
|
| Other long-term liabilities |
1,599
|
1,513
|
| Deferred income taxes |
37,236
|
36,623
|
| Total liabilities |
516,422
|
484,842
|
| Shareholders’ equity: |
|
|
| Common stock, $1 par, shares authorized 100,000; 26,152 shares issued and outstanding at May 31, 2019 and 26,115 shares issued and outstanding at February 28, 2019 |
26,152
|
26,115
|
| Capital in excess of par value |
46,763
|
46,141
|
| Retained earnings |
577,068
|
560,224
|
| Accumulated other comprehensive loss |
(30,726)
|
(28,752)
|
| Total shareholders’ equity |
619,257
|
603,728
|
| Total liabilities and shareholders' equity |
$ 1,135,679
|
$ 1,088,570
|