v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Cash flows from operating activities:    
Net earnings $ 19,272 $ 22,953
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 4,277 4,519
Amortization of intangible assets 4,160 3,973
(Gain) loss from disposal of assets (10) 0
Amortization of discount on short-term investments 0 (25)
Bad debt expense, net of recoveries 220 149
Stock based compensation 642 1,346
Net pension expense 711 913
Changes in operating assets and liabilities, net of the effects of acquisitions    
Accounts and other receivables 1,842 (1,968)
Prepaid expenses and income taxes (319) (78)
Inventories 590 (20,767)
Other assets 34 31
Accounts payable and accrued expenses 2,705 7,320
Other liabilities 2 59
Net cash provided by operating activities 34,126 18,425
Cash flows from investing activities:    
Capital expenditures (1,945) (2,793)
Purchase of businesses, net of cash acquired 0 (34,931)
Maturity of short-term investments 0 5,500
Proceeds from disposal of plant and property 10 270
Net cash provided by (used in) investing activities (1,935) (31,954)
Cash flows from financing activities:    
Dividends paid (12,750) (13,076)
Common stock repurchases 0 (8,553)
Proceeds from exercise of stock options 0 44
Net cash used in financing activities (12,750) (21,585)
Net change in cash and cash equivalents 19,441 (35,114)
Cash and cash equivalents at beginning of period 34,570 67,000
Cash and cash equivalents at end of period 54,011 31,886
Supplemental disclosure of non-cash items:    
Modification of share-based awards from equity to liability $ 2,214 $ 0