v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
May 31, 2026
Mar. 01, 2026
Current assets    
Cash and cash equivalents $ 80,481 $ 78,494
Marketable securities (Note 3) 8,926 10,874
Accounts receivable, less allowance for credit losses of $115 and $111, respectively 10,842 10,974
Inventories (Note 4) 7,801 7,411
Prepaid expenses and other current assets 1,000 918
Total current assets 109,050 108,671
Property, plant and equipment, net 21,472 21,828
Operating right-of-use assets (Note 5) 243 256
Goodwill and other intangible assets 9,776 9,776
Other assets 3,813 1,697
Total assets 144,354 142,228
Current liabilities    
Accounts payable 3,504 3,681
Operating lease liabilities (Note 5) 45 44
Accrued liabilities 1,792 1,598
Income taxes payable 1,790 634
Total current liabilities 7,131 5,957
Long-term operating lease liabilities (Note 5) 262 273
Deferred income taxes (Note 9) 5,926 6,009
Other liabilities 40 39
Total liabilities 13,359 12,278
Commitments and Contingencies  
Shareholders' equity (Note 8)    
Common stock 2,096 2,096
Additional paid-in capital 177,575 177,483
Accumulated deficit (47,314) (48,238)
Accumulated other comprehensive loss (36) (65)
Stockholders' Equity, Including Treasury Stock 132,321 131,276
Less treasury stock, at cost (1,326) (1,326)
Total shareholders' equity 130,995 129,950
Total liabilities and shareholders' equity $ 144,354 $ 142,228