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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2015
Feb. 28, 2015
Current assets    
Cash $ 18,851 $ 15,346
Accounts receivable, net of allowance for doubtful receivables of $3,448 at August 31, 2015 and $3,559 at February 28, 2015 62,012 62,865
Prepaid expenses 5,649 8,853
Prepaid income taxes 2,119 3,198
Inventories 97,838 119,814
Deferred income taxes 6,272 6,272
Assets held for sale 194 194
Total current assets 192,935 216,542
Property, plant and equipment, at cost    
Plant, machinery and equipment 168,263 166,890
Land and buildings 80,502 83,283
Other 23,621 23,574
Total property, plant and equipment 272,386 273,747
Less accumulated depreciation 185,357 180,872
Net property, plant and equipment 87,029 92,875
Goodwill 64,537 64,489
Trademarks and trade names 28,591 28,591
Other intangible assets, net 45,504 47,636
Deferred finance charges, net 149 224
Other assets 2,564 2,905
Total assets 421,309 453,262
Current liabilities    
Accounts payable 24,760 21,275
Accrued expenses    
Employee compensation and benefits 14,864 15,964
Taxes other than income 1,176 656
Income taxes payable 866  
Other 2,913 2,352
Total current liabilities 44,579 40,247
Long-term debt 63,000 106,500
Liability for pension benefits 10,955 9,852
Deferred income taxes 8,242 10,248
Other liabilities 1,266 1,735
Total liabilities $ 128,042 $ 168,582
Commitments and contingencies
Shareholders' equity    
Preferred stock $10 par value, authorized 1,000,000 shares; none issued
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at August 31 and February 28, 2015 $ 75,134 $ 75,134
Additional paid-in capital 120,992 121,687
Retained earnings 199,618 188,413
Accumulated other comprehensive income (loss):    
Foreign currency translation, net of taxes (7,902) (4,627)
Minimum pension liability, net of taxes (17,570) (17,570)
Total accumulated other comprehensive income (loss) (25,472) (22,197)
Treasury stock (77,005) (78,357)
Total shareholders' equity 293,267 284,680
Total liabilities and shareholders' equity $ 421,309 $ 453,262