v3.25.2
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
May 31, 2025
Mar. 01, 2025
Current assets    
Cash and cash equivalents $ 32,831 $ 41,448
Receivables, net 189,956 185,590
Inventories, net 103,901 92,305
Contract assets 69,457 71,842
Other current assets 51,814 50,919
Total current assets 447,959 442,104
Property, plant and equipment, net of accumulated depreciation of $480,155 and $469,480 263,279 268,139
Operating lease right-of-use assets 58,961 62,314
Goodwill 236,560 235,775
Intangible assets, net 119,117 128,417
Other non-current assets 30,956 38,520
Total assets 1,156,832 1,175,269
Current liabilities    
Accounts payable 97,763 98,804
Accrued compensation and benefits 32,153 48,510
Contract liabilities 43,342 35,193
Operating lease liabilities 15,671 15,290
Other current liabilities 64,317 87,659
Total current liabilities 253,246 285,456
Long-term debt 311,000 285,000
Non-current operating lease liabilities 48,653 51,632
Non-current self-insurance reserves 29,560 30,382
Other non-current liabilities 32,590 34,901
Commitments and contingent liabilities (Note 6)
Shareholders’ equity    
Junior preferred stock of $1.00 par value; authorized 200,000 shares; zero issued and outstanding 0 0
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 21,532,572 and 21,417,631, respectively 7,178 7,139
Additional paid-in capital 157,788 156,075
Retained earnings 349,501 359,976
Accumulated other comprehensive loss (32,684) (35,292)
Total shareholders’ equity 481,783 487,898
Total liabilities and shareholders’ equity $ 1,156,832 $ 1,175,269