v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 01, 2026
Mar. 02, 2025
Mar. 03, 2024
Cash flows from operating activities:      
Net earnings $ 11,272 $ 5,882 $ 7,473
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Non-cash storm damage charge 0 887 0
Depreciation and amortization 1,860 1,851 1,402
Stock-based compensation 401 402 529
Allowance for credit losses 46 6 16
Provision for deferred income taxes 705 2,082 1,228
Amortization of bond premium 0 126 315
Loss on sale of marketable securities (50) (57) (184)
Gain on sale of fixed assets 0 (22) 0
Accounts receivable 1,883 (528) (2,408)
Inventories (198) (809) 364
Prepaid expenses and other current assets 426 1,505 (5)
Other assets and liabilities (1,638) (1,079) (554)
Accounts payable 1,168 (1,001) (1,031)
Accrued liabilities 280 (668) 640
Income taxes payable (4,756) (3,974) (3,745)
Net cash provided by (used in) operating activities 11,499 4,717 4,408
Cash flows from investing activities:      
Purchases of property, plant and equipment (2,038) (889) (645)
Proceeds from sales of property, plant and equipment (0) 22 0
Purchases of marketable securities (2,440) (7,772) (7,690)
Proceeds from sales and maturities of marketable securities 39,329 32,626 39,723
Net cash provided by investing activities 34,851 23,987 31,388
Cash flows from financing activities:      
Dividends paid (9,960) (10,058) (30,624)
Proceeds from exercise of stock options 912 660 38
Proceeds from issuance of stock, net of issuance costs 21,736 0 0
Purchase of treasury stock (2,165) (4,252) (2,880)
Net cash provided by (used in) financing activities 10,523 (13,650) (33,466)
Increase in cash and cash equivalents 56,873 15,054 2,330
Cash and cash equivalents, beginning of year 21,621 6,567 4,237
Cash and cash equivalents, end of year 78,494 21,621 6,567
Supplemental disclosure of non-cash activities:      
Addition to operating right-of-use asset from new operating lease liability $ 0 $ 267 $ 0