Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2016
Feb. 29, 2016
Current assets    
Cash $ 122,421 $ 7,957
Accounts receivable, net of allowance for doubtful receivables of $1,787 at May 31, 2016 and $2,041 at February 29, 2016 35,979 36,546
Prepaid expenses 823 1,443
Prepaid income taxes 9,517 1,318
Inventories 27,588 27,619
Deferred income taxes 3,134 3,134
Assets held for sale   464
Current assets of discontinued operations   100,494
Total current assets 199,462 178,975
Property, plant and equipment, at cost    
Plant, machinery and equipment 131,535 131,346
Land and buildings 55,730 54,985
Other 22,717 22,686
Total property, plant and equipment 209,982 209,017
Less accumulated depreciation 160,025 158,226
Net property, plant and equipment 49,957 50,791
Goodwill 64,537 64,537
Trademarks and trade names 15,291 15,291
Other intangible assets, net 36,064 36,973
Other assets 268 274
Long-term assets of discontinued operations   46,337
Total assets 365,579 393,178
Current liabilities    
Accounts payable 12,425 13,738
Accrued expenses    
Employee compensation and benefits 10,181 11,798
Taxes other than income 554 172
Income taxes payable   64
Other 2,095 2,133
Current liabilities of discontinued operations   12,495
Total current liabilities 25,255 40,400
Long-term debt 35,000 40,000
Liability for pension benefits 9,335 8,696
Deferred income taxes 4,670 4,670
Other liabilities 880 866
Total liabilities 75,140 94,632
Commitments and contingencies
Shareholders' equity    
Preferred stock $10 par value, authorized 1,000,000 shares; none issued
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at May 31 and February 29, 2016 75,134 75,134
Additional paid-in capital 120,238 121,597
Retained earnings 184,697 206,105
Accumulated other comprehensive income (loss):    
Foreign currency translation, net of taxes   (9,940)
Minimum pension liability, net of taxes (17,345) (17,345)
Total accumulated other comprehensive income (loss) (17,345) (27,285)
Treasury stock (72,285) (77,005)
Total shareholders' equity 290,439 298,546
Total liabilities and shareholders' equity $ 365,579 $ 393,178