Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands |
May 29, 2022 |
Feb. 27, 2022 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 4,333
|
$ 12,811
|
| Marketable securities (Note 3) |
102,994
|
97,550
|
| Accounts receivable, less allowance for doubtful accounts of $108 and $104, respectively |
8,957
|
8,339
|
| Inventories (Note 4) |
6,649
|
4,657
|
| Prepaid expenses and other current assets |
3,862
|
3,082
|
| Total current assets |
126,795
|
126,439
|
| Property, plant and equipment, net |
24,160
|
24,333
|
| Operating right-of-use assets (Note 5) |
190
|
203
|
| Goodwill and other intangible assets |
9,790
|
9,790
|
| Other assets |
119
|
122
|
| Total assets |
161,054
|
160,887
|
| Current liabilities |
|
|
| Accounts payable |
3,180
|
2,534
|
| Operating lease liability (Note 5) |
54
|
53
|
| Accrued liabilities |
1,333
|
1,494
|
| Income taxes payable |
2,746
|
2,211
|
| Total current liabilities |
7,313
|
6,292
|
| Long-term operating lease liability (Note 5) |
163
|
174
|
| Non-current income taxes payable (Note 10) |
12,621
|
12,621
|
| Deferred income taxes (Note 10) |
1,778
|
1,671
|
| Other liabilities |
4,531
|
4,497
|
| Total liabilities |
26,406
|
25,255
|
| Commitments and contingencies (Note 12) |
|
|
| Shareholders' equity (Note 8) |
|
|
| Common stock |
2,096
|
2,096
|
| Additional paid-in capital |
169,750
|
169,665
|
| Accumulated deficit |
(24,903)
|
(24,767)
|
| Accumulated other comprehensive earnings |
(2,898)
|
(1,965)
|
| Stockholders' Equity, Including Treasury Stock |
144,045
|
145,029
|
| Less treasury stock, at cost |
(9,397)
|
(9,397)
|
| Total shareholders' equity |
134,648
|
135,632
|
| Total liabilities and shareholders' equity |
$ 161,054
|
$ 160,887
|