Park Aerospace (PKE) 10-K 14 May 20 2020 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Mar. 01, 2020	May 01, 2020	Aug. 30, 2019
Document Information [Line Items]
Entity Registrant Name	PARK Aerospace CORP
Entity Central Index Key	0000076267
Trading Symbol	pke
Current Fiscal Year End Date	--03-01
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		20,518,823
Entity Public Float			$ 346,705,646
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Mar. 1, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false
Title of 12(b) Security	Common Stock, par value $.10 per share

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Current assets:
Cash and cash equivalents	$ 5,410	$ 71,007
Marketable securities (Note 2)	116,945	80,617
Accounts receivable, less allowance for doubtful accounts of $73 and $32, respectively	10,925	9,352
Inventories (Note 3)	6,379	5,267
Prepaid expenses and other current assets	5,535	1,690
Total current assets	145,194	167,933
Property, plant and equipment, net (Note 3)	16,100	10,791
Operating right-of-use assets	420
Goodwill and other intangible assets, net (Note 3)	9,804	9,811
Other assets (Note 4)	268	316
Total assets	171,786	188,851
Current liabilities:
Accounts payable	4,735	3,169
Operating lease liabilities (Note 11)	152
Accrued liabilities (Note 3)	1,709	2,920
Income taxes payable	2,111	5,066
Total current liabilities	8,707	11,155
Long-term operating lease liabilities (Note 11)	268
Non-current income taxes payable (Note 4)	15,986	17,669
Deferred income taxes (Note 4)	834
Other liabilities (Note 4)	4,316	1,016
Total liabilities	30,111	29,840
Commitments and contingencies (Notes 11 and 12)
Shareholders' equity (Note 6):
Preferred stock, $1 par value per shares-authorized, 500,000 shares; issued, none
Common stock, $0.10 par value per shares-authorized, 60,000,000 shares; issued, 20,965,144 shares	2,096	2,096
Additional paid-in capital	169,862	169,395
Accumulated deficit	(21,774)	(2,605)
Accumulated other comprehensive earnings (loss)	668	(22)
Stockholders' Equity, Including Treasury Stock	150,852	168,864
Less treasury stock, at cost, 446,321 and 479,191 shares, respectively	(9,177)	(9,853)
Total shareholders' equity	141,675	159,011
Total liabilities and shareholders' equity	$ 171,786	$ 188,851

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Accounts receivable, allowance for doubtful accounts	$ 73	$ 32
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	20,965,144	20,965,144
Treasury stock (in shares)	446,321	479,191

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Net sales	$ 60,014	$ 51,116	$ 40,230
Cost of sales	41,341	34,932	28,942
Gross profit	18,673	16,184	11,288
Selling, general and administrative expenses	7,932	8,968	9,862
Restructuring charges (Note 8)			146
Earnings from continuing operations	10,741	7,216	1,280
Interest expense (Note 10)	0	0	2,269
Interest and other income	3,330	2,379	2,641
Loss on sale of marketable securities		(1,498)	(1,342)
Earnings from continuing operations before income taxes	14,071	8,097	310
Income tax provision (Note 4)	3,866	1,791	(18,162)
Net earnings from continuing operations	10,205	6,306	18,472
(Loss) earnings from discontinued operations, net of tax (Note 13)	(653)	107,239	2,123
Net earnings	$ 9,552	$ 113,545	$ 20,595
Basic:
Basic net earnings per share from continuing operations (in dollars per share)	$ 0.50	$ 0.31	$ 0.91
Basic net earnings (loss) per share from discontinued operations (in dollars per share)	(0.03)	5.29	0.11
Basic earnings per share (in dollars per share)	$ 0.47	$ 5.60	$ 1.02
Basic weighted average shares (in shares)	20,507	20,288	20,237
Diluted:
Diluted net earnings per share from continuing operations (in dollars per share)	$ 0.50	$ 0.31	$ 0.91
Diluted net earnings (loss) per share from discontinued operations (in dollars per share)	(0.03)	5.26	0.11
Diluted earnings per share (in dollars per share)	$ 0.47	$ 5.57	$ 1.02
Diluted (in shares)	20,595	20,385	20,267

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Net earnings	$ 9,552	$ 113,545	$ 20,595
Other comprehensive earnings (loss), net of tax:
Foreign currency translation		(1,310)	(50)
Other comprehensive earnings (loss)	690	(153)	(895)
Total comprehensive earnings	10,242	113,392	19,700
Gains on Marketable Securities [Member]
Other comprehensive earnings (loss), net of tax:
Unrealized holding gains (losses) arising during the period	990	41
Less: reclassification adjustment for gains (losses) included in net earnings	(49)		(17)
Losses on Marketable Securities [Member]
Other comprehensive earnings (loss), net of tax:
Unrealized holding gains (losses) arising during the period	(291)	(87)	(2,189)
Less: reclassification adjustment for gains (losses) included in net earnings	$ 40	$ 1,203	$ 1,361

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
Balance (in shares) at Feb. 26, 2017	20,965,144				730,473
Balance at Feb. 26, 2017	$ 2,096	$ 167,612	$ 27,112	$ 1,026	$ (15,020)
Net earnings			20,595			$ 20,595
Foreign currency translation				(50)
Unrealized loss on marketable securities, net of tax				(845)
Stock options exercised (in shares)					(6,900)	6,900
Stock options exercised		(46)			$ 142
Stock-based compensation		1,445
Cash dividends ($3.40 per share)			(68,806)
Balance (in shares) at Feb. 25, 2018	20,965,144				723,573
Balance at Feb. 25, 2018	$ 2,096	169,011	(21,099)	131	$ (14,878)
Net earnings			113,545			$ 113,545
Foreign currency translation				(1,310)
Unrealized loss on marketable securities, net of tax				1,157
Stock options exercised (in shares)					(244,382)	244,382
Stock options exercised		(1,157)			$ 5,025
Stock-based compensation		1,541
Cash dividends ($3.40 per share)			(95,051)
Balance (in shares) at Mar. 03, 2019	20,965,144				479,191
Balance at Mar. 03, 2019	$ 2,096	169,395	(2,605)	(22)	$ (9,853)	$ 159,011
Net earnings			9,552			$ 9,552
Unrealized loss on marketable securities, net of tax				690
Stock options exercised (in shares)					(32,870)	32,873
Stock options exercised		(259)			$ 676
Stock-based compensation		726
Cash dividends ($3.40 per share)			(28,721)
Balance (in shares) at Mar. 01, 2020	20,965,144				446,321
Balance at Mar. 01, 2020	$ 2,096	$ 169,862	$ (21,774)	$ 668	$ (9,177)	$ 141,675

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Retained Earnings [Member]
Cash dividends, per share (in dollars per share)	$ 1.40	$ 4.65	$ 3.40

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Cash flows from operating activities:
Net earnings from continuing operations	$ 10,205	$ 6,306	$ 18,472
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	1,544	1,784	1,833
Stock-based compensation	726	1,249	1,445
Provision for deferred income taxes	849	(1,147)	(47,991)
Amortization of bond premium	27	(52)	287
(Gain) loss on sale of marketable securities	(15)	1,498	1,342
Accounts receivable	(1,573)	(2,392)	(2,502)
Inventories	(1,112)	(1,312)	(542)
Prepaid expenses and other current assets	490	(452)	91
Other assets and liabilities	3,348	(1,580)	346
Accounts payable	1,566	1,344	652
Accrued liabilities	(1,211)	1,898	(198)
Income taxes payable	(8,973)	916	20,501
Net cash provided by (used in) operating activities - continuing operations	5,871	8,060	(6,264)
Net cash (used in) provided by operating activities - discontinued operations	(653)	(517)	9,605
Net cash provided by operating activities	5,218	7,543	3,341
Cash flows from investing activities:
Purchase of property, plant and equipment	(6,846)	(2,764)	(571)
Purchases of marketable securities	(104,600)	(113,860)	(164,099)
Proceeds from sales and maturities of marketable securities	68,935	125,522	207,034
Net cash (used in) provided by investing activities - continuing operations	(42,511)	8,898	42,364
Net cash provided by (used in) investing activities - discontinued operations		144,951	(315)
Net cash (used in) provided by investing activities	(42,511)	153,849	42,049
Cash flows from financing activities:
Dividends paid	(28,721)	(95,051)	(68,806)
Decrease in restricted cash			10,000
Proceeds from exercise of stock options	417	(3,868)	96
Intercompany capital contributions		(6,600)
Payments of long-term debt			(72,000)
Net cash used in financing activities - continuing operations	(28,304)	(105,519)	(130,710)
Net cash used in financing activities - discontinued operations
Net cash used in financing activities	(28,304)	(105,519)	(130,710)
Decrease in cash and cash equivalents before effect of exchange rate changes - continuing operations	(64,944)	(88,561)	(94,610)
(Decrease) increase in cash and cash equivalents before effect of exchange rate changes - discontinued operations	(653)	144,434	9,290
(Decrease) increase in cash and cash equivalents before effect of exchange rate changes	(65,597)	55,873	(85,320)
Effect of exchange rate changes on cash and cash equivalents - continuing operations		(170)	250
Effect of exchange rate changes on cash and cash equivalents - discontinued operations		(2,950)	886
Effect of exchange rate changes on cash and cash equivalents		(3,120)	1,136
(Decrease) increase in cash and cash equivalents	(65,597)	52,753	(84,184)
Cash and cash equivalents, beginning of year	71,007	18,254	102,438
Cash and cash equivalents, end of year	$ 5,410	$ 71,007	$ 18,254

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Summary of Significant Accounting Policies Park Aerospace Corp. and its subsidiaries (collectively, “Park” or the “Company”) formerly known as Park Electrochemical Corp. and subsidiaries, is a global advanced materials company which develops and manufactures advanced composite materials, primary and secondary structures and assemblies and low-volume tooling for the aerospace markets. On July 16, 2019, July 16, 2019, a. Principles of Consolidation b. Basis of Presentation July 25, 2018, $145,000 December 4, 2018. ( 13 The Company has classified the operating results of its Electronics Business, together with certain costs related to the transaction, as discontinued operations, net of tax, in the Consolidated Statements of Operations, in accordance with Accounting Standards Codification (“ASC”) 205 20, Discontinued Operations. 13 c. Use of Estimates may d. Accounting Period 52 53 February. 2020, 2019 2018 March 1, 2020, March 3, 2019 February 25, 2018, 2020, 2019 2018 52, 53 52 e. Fair Value Measurements – (i.e. Fair value measurements are broken down into three Level 1 Level 2 1 2 e.g. Level 3 not The fair value of the Company’s cash and cash equivalents, accounts receivable, accounts payable and current liabilities approximate their carrying value due to their short-term nature. Due to the variable interest rates periodically adjusting with the current LIBOR, the carrying value of outstanding borrowings under the Company’s long-term debt approximated its fair value (See Note 10 1 2 2 The Company’s non-financial assets measured at fair value on a non-recurring basis, for purposes of calculating impairment, include goodwill and any long-lived assets written down to fair value. To measure fair value of such assets, the Company uses Level 3 no 2020, 2019 2018 f. Cash and Cash Equivalents – 90 $2,496 $49,707 March 1, 2020 March 3, 2019, 2 $29,265 $126,196 March 1, 2020 Supplemental cash flow information: Fiscal Year 2020 2019 2018 Cash paid during the year for: Income taxes, net of refunds $ 8,296 $ 14,451 $ 2,040 Interest - - 2,127 At March 1, 2020 March 3, 2019, $21 $65,144, g. Marketable Securities h . Inventories first first i . Revenue Recognition 1 2 3 4 5 j . Sales Allowances and Product Warranties may no may 1.0% three k. Accounts Receivable – not may l . Valuation of Long-Lived Assets may not not $67 2018 no 2020 2019 m. Goodwill and Other Intangible Assets not 15 may not first not not one first fourth no 2020 2019 n . Shipping Costs third o . Property, Plant and Equipment 10 25 30 $1,544, $1,784 $1,833 2020, 2019 2018 p . Income Taxes If these estimates and assumptions change in the future, the Company may 4 Tax benefits are recognized for an uncertain tax position when, in the Company’s judgment, it is more likely than not not 50% q. Foreign Currency Translation r. Stock-Based Compensation four s. Treasury Stock – t. Reclassification – no 13 u. Leases one ten 2068 not

Note 2 - Marketable Securities

Note 2 - Marketable Securities	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	2. MArketable Securities In the 2019 $1,498 $4.25 February 2019. fourth 2018 $1,342 January 15, 2016, $68,500 $3.00 February 2018. The following is a summary of available-for-sale securities: March 1, 2020 Total Level 1 Level 2 Level 3 U.S. Treasury and other government securities $ 101,390 $ 101,390 $ - $ - U.S. corporate debt securities 15,555 15,555 - - Total marketable securities $ 116,945 $ 116,945 $ - $ - March 3, 2019 Total Level 1 Level 2 Level 3 U.S. Treasury and other government securities $ 68,718 $ 68,718 $ - $ - U.S. corporate debt securities 11,899 11,899 - - Total marketable securities $ 80,617 $ 80,617 $ - $ - The following tables show the amortized cost basis, gross unrealized gains and losses and gross realized gains and losses on the Company’s available-for-sale securities: Amortized Cost Basis Gross Unrealized Gains Gross Unrealized Losses March 1, 2020: U.S. Treasury and other government securities $ 100,626 $ 764 $ - U.S. corporate debt securities 15,473 82 - Total marketable securities $ 116,099 $ 846 $ - March 3, 2019: U.S. Treasury and other government securities $ 68,727 $ 44 $ 53 U.S. corporate debt securities 11,924 7 32 Total marketable securities $ 80,651 $ 51 $ 85 Fiscal Year 2020 2019 2018 Gross realized gains on sale $ 90 $ - $ - Gross realized losses on sale $ 75 $ 1,498 $ 1,342 The estimated fair values of such securities at March 1, 2020, Due in one year or less $ 43,498 Due after one year through five years 73,447 $ 116,945

Note 3 - Other Consolidated Bal

Note 3 - Other Consolidated Balance Sheet Data	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Supplemental Balance Sheet Disclosures [Text Block]	3 . Other Consolidated balance sheet data Other consolidated balance sheet data consisted of the following: March 1, March 3, 2020 2019 Inventories: Raw materials $ 5,319 $ 4,556 Work-in-process 254 232 Finished goods 806 479 $ 6,379 $ 5,267 Property, plant and equipment: Land, buildings and improvements $ 13,642 $ 13,187 Machinery, equipment, furniture and fixtures 35,182 56,961 48,824 70,148 Less: accumulated depreciation and amortization 32,724 59,357 $ 16,100 $ 10,791 Goodwill and other intangible assets: Goodwill $ 9,776 $ 9,776 Other intangibles 28 35 $ 9,804 $ 9,811 Accrued liabilities: Payroll and payroll related $ 578 $ 823 Employee benefits 1 6 Workers' compensation 111 122 Professional fees 467 451 Restructuring (Notes 8 and 14) 432 1,324 Other 120 194 $ 1,709 $ 2,920

Note 4 - Income Taxes

Note 4 - Income Taxes	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	4 . Income Taxes On December 22, 2017, not 35% 21%, December 31, 2017, ( one 2018. January 1, 2018. 21% 2019 2020 32.9% 2018 In response to the enactment of the Tax Act, the Securities and Exchange Commission issued Staff Accounting Bulletin (“SAB”) 118, 118 not one 740. During the 2018 one $23,139 one eight The provisional one $21,887, $1,751 $20,136, eight $44,309 $18,456 2018 In connection with the enactment of the Tax Act, the Company re-measured its U.S. deferred tax assets and liabilities based on the rates at which they are expected to be realized in future tax years. During the fourth 2018 $1,963. During the fourth 2019 no The Tax Act establishes global intangible low-taxed income (“GILTI”) provisions that impose a tax on foreign income in excess of a deemed return on tangible assets of foreign corporations. The Company made a policy election to treat the income tax due on the U.S. inclusion of GILTI provisions as a period expense when incurred. The income tax provision (benefit) for continuing operations includes the following: Fiscal Year 2020 2019 2018 Current: Federal $ 2,556 $ 1,776 $ 22,968 State and local 40 164 51 Foreign 383 258 481 2,979 2,198 23,500 Deferred: Federal 899 (71 ) (41,624 ) State and local (12 ) (362 ) (21 ) Foreign - 26 (17 ) 887 (407 ) (41,662 ) $ 3,866 $ 1,791 $ (18,162 ) The income tax provision (benefit) for discontinued operations includes the following: Fiscal Year 2020 2019 2018 Current: Federal $ (183 ) $ 11,198 $ (1,400 ) State and local (15 ) 1,455 168 Foreign - 1,397 327 (198 ) 14,050 (905 ) Deferred: Federal - 686 (430 ) State and local (38 ) 564 (31 ) Foreign - (617 ) 63 (38 ) 633 (398 ) $ (236 ) $ 14,683 $ (1,303 ) State income tax benefits from loss carryforwards to future years were recognized as deferred tax assets in the 2020, 2019 2018 Notwithstanding the U.S. taxation of the deemed repatriated foreign earnings as a result of the transition tax, the Company intends to indefinitely invest approximately $25 may $100,216, $113,600, $135,300 2020, 2019 2018 The Company’s pre-tax earnings (loss) from continuing operations in the United States and foreign locations are as follows: Fiscal Year 2020 2019 2018 United States $ 11,676 $ 6,661 $ (652 ) Foreign 2,395 1,436 962 Earnings before income taxes $ 14,071 $ 8,097 $ 310 The Company’s pre-tax earnings (loss) from discontinued operations in the United States and foreign locations are as follows: Fiscal Year 2020 2019 2018 United States $ (887 ) $ 7,485 $ (7,512 ) Foreign - 114,437 8,332 (Loss) earnings before income taxes $ (887 ) $ 121,922 $ 820 The Company’s effective income tax rate differs from the statutory U.S. Federal income tax rate as a result of the following: Fiscal Year 2020 2019 2018 Statutory U.S. Federal tax rate 21.0 % 21.0 % 32.9 % State and local taxes, net of 0.1 % 1.6 % (41.4 %) Federal benefit Foreign tax rate differentials (0.6 %) (0.8 %) (117.6 %) Valuation allowance on deferred tax assets (0.1 %) (2.8 %) - Adjustment on tax accruals (17.6 %) 2.9 % 56.8 % ASC 740-10 change 23.5 % 0.4 % 104.7 % Foreign tax credits (2.7 %) (3.2 %) (118.0 %) U.S. Tax Reform - - (5,944.2 %) Subpart F 4.0 % 4.0 % 281.1 % Permanent differences and other (0.1 %) (1.0 %) (104.0 %) 27.5 % 22.1 % (5,849.7 %) The Company had state net operating loss carryforwards of approximately $2,515 $3,161 2020 2019 $7,798 $7,862 2020 2019 $64 2020 2021 2039. The Company had available Kansas tax credits of $45 $236 2020 2019 $191 2020 $576 $135 2020 2019 no The deferred tax asset valuation allowance of $3,175 March 1, 2020 not 2020 $420, Significant components of the Company's deferred tax assets and liabilities from continuing operations as of March 1, 2020 March 3, 2019 March 3, February 25, 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 2,608 $ 2,709 Tax credits carryforward 621 135 Stock options 1,120 1,206 Other, net 478 574 4,827 4,624 Valuation allowance on deferred tax assets (3,175 ) (2,755 ) Total deferred tax assets, net of valuation allowance 1,652 1,869 Deferred tax liabilities: Depreciation (1,743 ) (1,368 ) Undistributed earnings (2 ) (333 ) Other (699 ) (154 ) Total deferred tax liabilities (2,444 ) (1,855 ) Net deferred tax asset (liability) $ (792 ) $ 14 At March 1, 2020 March 3, 2019, $4,356 $1,016, March 1, 2020 A reconciliation of the beginning and ending amounts of unrecognized tax benefits for continuing operations is as follows: Unrecognized Tax Benefits March 1, March 3, February 25, 2020 2019 2018 Balance, beginning of year $ 937 $ 314 $ - Tax positions - Discontinued Ops in prior period - 187 - Gross decreases - tax positions in prior period (32 ) (256 ) - Gross increases - current period tax positions 3,259 784 314 Audit settlements - (92 ) - Balance, end of year $ 4,164 $ 937 $ 314 A reconciliation of the beginning and ending amounts of unrecognized tax benefits for discontinued operations is as follows: Unrecognized Tax Benefits March 1, March 3, February 25, 2020 2019 2018 Balance, beginning of year $ - $ 187 $ 1,024 Tax positions - Discontinued Ops in prior period - (187 ) - Gross decreases - tax positions in prior period - - (688 ) Gross increases - current period tax positions - - 6 Lapse of statute of limitations - - (155 ) Balance, end of year $ - $ - $ 187 The amount of unrecognized tax benefits may none 12 A list of open tax years by major jurisdiction follows: U.S. Federal 2018 - 2020 California 2017 - 2020 New York 2018 - 2020 France 2017 - 2020 Singapore 2016 - 2020 The Company had approximately $193 $79 March 1, 2020 March 3, 2019, The Company has no 2016 June 2018.

Note 5 - Stock-based Compensati

Note 5 - Stock-based Compensation	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	5 . STOCK-BASED COMPENSATION As of March 1, 2020, 2018 “2018 no 2018 May 8, 2018 July 24, 2018. 2018 2002 “2002 2018 2002 25% one 25% 10 800,000 2018 March 1, 2020, 692,100 2018 The compensation expense for stock options includes an estimate for forfeitures and is recognized on a straight-line basis over the requisite service period. The future compensation expense to be recognized in earnings before income taxes for options outstanding at March 1, 2020 $408, 3.15 The Company records its stock-based compensation at fair value. The weighted average fair value for options was estimated at the dates of grants, using the Black-Scholes option pricing model. The following table represents the weighted average fair value and valuation assumptions used for options granted in the 2020, 2019 2018 Fiscal Year 2020 2019 2018 Weighted average fair value per share of option grants $3.75 - $4.03 $3.66 - Risk-free interest rates 2.24% - 2.26% 2.83% - Expected stock price volatility 30.4% - 31.5% 24.7% - Expected dividend yields 2.43% 2.32% - Estimated option terms (Years) 4.3 - 5.8 5.2 - The risk-free interest rates are based on U.S. Treasury rates at the date of grant with maturity dates approximately equal to the estimated term of the options at the date of grant. Volatility factors are based on historical volatility of the Company’s common stock. The expected dividend yields are based on the regular quarterly cash dividend per share most recently declared by the Company and on the exercise price of the options granted during the 2020 During the 2020 $208 $1.00 February 2020. 2019 $528 $4.25 February 2019. 2020 $726 $1,249 2019 Information with respect to stock option activity follows: Outstanding Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value Balance, February 26, 2017 1,070,529 $ 21.08 Granted - - Exercised (6,900 ) 13.36 Terminated or expired (178,075 ) 22.55 Balance, February 25, 2018 885,554 $ 17.55 Granted 2,650 13.50 Exercised (244,382 ) 12.18 Terminated or expired (103,113 ) 18.75 Balance, March 3, 2019 540,709 $ 13.49 $ 227 Granted 114,450 15.44 Exercised (32,873 ) 11.64 Terminated or expired (111,652 ) 15.95 Balance, March 1, 2020 510,634 $ 12.45 5.21 $ 746 Vested and exercisable, March 1, 2020 400,659 $ 12.64 4.12 $ 509 Expected to vest, March 1, 2020 479,996 $ 12.45 5.21 $ 701 The aggregate intrinsic values realized (the market value of the underlying shares on the date of exercise, less the exercise price, times the number of shares acquired) from the exercise of options during the 2020, 2019 2018 $124, $1,157 $44, A summary of the status of the Company’s non-vested options at March 1, 2020, Shares Subject to Options Weighted Average Grant Date Fair Value Non-vested, beginning of year 25,600 $ 3.50 Granted 114,450 3.97 Vested (22,960 ) 3.48 Terminated or expired (7,114 ) 3.92 Non-vested, end of year 109,976 $ 3.96

Note 6 - Shareholders' Equity

Note 6 - Shareholders' Equity	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	6 . S HARE HOLDERS’ EQUITY Treasury Stock January 8, 2015, 1,250,000 6% 20,945,634 January 7, 2015. On March 10, 2016, 1,000,000 January 8, 2015. 2016 599,832 $12,187. 1,531,412 7.5% 20,518,823 March 1, 2020. Reserved Common Shares March 1, 2020, 692,100 Accumulated Other Comprehensive Earnings (Loss) March 1, 2020 March 3, 2019 Unrealized gains (losses) on investments, net of taxes of $690 and $1,157, respectively $ 668 $ (22 ) Accumulated balance $ 668 $ (22 )

Note 7 - Earnings Per Share

Note 7 - Earnings Per Share	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	7. EARNINGS PER SHARE Basic earnings per share are computed by dividing net earnings by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share are computed by dividing net earnings by the sum of (a) the weighted average number of shares of common stock outstanding during the period and (b) the potential common stock equivalents outstanding during the period. Stock options are the only common stock equivalents, and the number of dilutive options is computed using the treasury stock method. The following table sets forth the calculation of basic and diluted earnings per share: Fiscal Year (Amounts in thousands, except per share amounts) 2020 2019 2018 Net earnings - continuing operations $ 10,205 $ 6,306 $ 18,472 Net (loss) earnings - discontinued operations (653 ) 107,239 2,123 Net earnings $ 9,552 $ 113,545 $ 20,595 Weighted average common shares outstanding for basic EPS 20,507 20,288 20,237 Net effect of dilutive options 88 97 30 Weighted average shares outstanding for diluted EPS 20,595 20,385 20,267 Basic earnings per share - continuing operations $ 0.50 $ 0.31 $ 0.91 Basic (loss) earnings per share - discontinued operations (0.03 ) 5.29 0.11 Basic earnings per share $ 0.47 $ 5.60 $ 1.02 Diluted earnings per share - continuing operations $ 0.50 $ 0.31 $ 0.91 Diluted (loss) earnings per share - discontinued operations (0.03 ) 5.26 0.11 Diluted earnings per share $ 0.47 $ 5.57 $ 1.02 Potentially dilutive stock options, which were not 132,000, 213,893 606,357 2020, 2019 2018

Note 8 - Restructuring Charges

Note 8 - Restructuring Charges	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	8 . restructuring charges The Company recorded restructuring charges of $0, $0 $146 2020, 2019 2018 2012

Note 9 - Employee Benefit Plans

Note 9 - Employee Benefit Plans	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	9 . Employee Benefit Plans Profit Sharing Plan may no may $160 $73 2019 2018, 2020 not may not Savings Plan 401 no

Note 10 - Long-Term Debt

Note 10 - Long-Term Debt	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	1 0 . LONG-TERM DEBT On January 15, 2016, three $75,000 $2,000. On January 3, 2018, $144 fourth February 28, 2018. Interest expense recorded under the Credit Agreement was approximately $0, $0 $2,269 2020, 2019 2018

Note 11 - Leases and Commitment

Note 11 - Leases and Commitments	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	1 1 . LEASES AND COMMITMENTS The Company has operating leases related to land, office space, warehouse space and equipment. All of the Company’s leases have been assessed to be operating leases. Renewal options are included in the lease terms to the extent the Company is reasonably certain to exercise the option. The exercise of lease renewal options is at the Company’s sole discretion. The amounts disclosed in our consolidated balance sheet as of March 1, 2020, one 10 2068 not Future minimum lease payments under non-cancellable operating leases as of March 1, 2020 Fiscal Year: 2021 $ 152 2022 90 2023 61 2024 61 2025 - Thereafter 161 Total undiscounted operating lease payments 525 Less imputed interest (105 ) Present value of operating lease payments $ 420 The above payment schedule includes renewal options that the Company is reasonably likely to exercise. Leases with an initial term of 12 not not $334 2021 During the 2020 $318. $309, The following table sets forth the right-of-use assets and operating lease liabilities as of March 1, 2020: Operating right-of-use assets $ 420 Operating lease liabilities $ 152 Long-term operating lease liabilities 268 Total operating lease liabilities $ 420 The Company’s weighted average remaining lease term for its operating leases is 5.87 These non-cancelable leases have the following payment schedule: Fiscal Year Amount 2021 $ 152 2022 90 2023 61 2024 61 2025 - Thereafter - $ 364 The above payment schedule does not not $161 2024 Rental expenses, inclusive of real estate taxes and other costs, were $368, $346 $432 2020, 2019 2018 In December 2018, 90,000 five three eight $21 second 2020 March 1, 2020, $997 $7,647 July 16, 2019, 1,

Note 12 - Contingencies

Note 12 - Contingencies	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Contingencies Disclosure [Text Block]	1 2 . CONTINGENCIES Litigation The Company is subject to a small number of immaterial proceedings, lawsuits and other claims related to environmental, employment, product and other matters. The Company is required to assess the likelihood of any adverse judgments or outcomes in these matters as well as potential ranges of probable losses. A determination of the amount of reserves required, if any, for these contingencies is made after careful analysis of each individual issue. The required reserves may not Environmental Contingencies The Company and certain of its subsidiaries have been named by the Environmental Protection Agency (the “EPA”) or a comparable state agency under the Comprehensive Environmental Response, Compensation and Liability Act (the “Superfund Act”) or similar state law as potentially responsible parties in connection with alleged releases of hazardous substances at three Under the Superfund Act and similar state laws, all parties who may may The insurance carriers which provided general liability insurance coverage to the Company and its subsidiaries for the years during which the Company’s subsidiaries’ waste was disposed at these sites have in the past reimbursed the Company and its subsidiaries for 100% two The Company does not two three 100% two Included in selling, general and administrative expenses are charges for actual expenditures and accruals, based on estimates, for certain environmental matters described above. The Company accrues estimated costs associated with known environmental matters, when such costs can be reasonably estimated and when the outcome appears probable. The Company believes that the ultimate disposition of known environmental matters will not

Note 13 - Discontinued Operatio

Note 13 - Discontinued Operations	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	1 3 . Discontinued OperATIONS On July 25, 2018, $145,000 $124,156, $7,657 $13,187. $102,145. 82%, 16%, 2%, December 4, 2018. The Company has classified the operating results of its former Electronics Business, together with certain costs related to the transaction, as discontinued operations, net of tax, in the Consolidated Statements of Operations. The Company has income in the U.S., Singapore and France, the blended tax rates for discontinued operations for the 2020, 2019 2018 26.4%, 12.0% 158.9%, The following table shows the summary operating results of the discontinued operations: Fiscal Year Ended March 1, March 3, February 25, 2020 2019 2018 Net sales $ - $ 57,492 $ 70,966 Cost of sales - 44,361 55,794 Gross profit - 13,131 15,172 Selling, general and administrative expenses 234 8,826 9,510 Restructuring charges 941 636 4,876 (Loss) earnings from discontinued operations (1,175 ) 3,669 786 Other income 288 118,253 34 (Loss) earnings from discontinued operations before income taxes (887 ) 121,922 820 Income tax (benefit) provision (234 ) 14,683 (1,303 ) Net (loss) earnings from discontinued operations $ (653 ) $ 107,239 $ 2,123 The restructuring expenses for discontinued operations were $108, $262 $4,876 2020, 2019 2018 The following table sets forth the charges and accruals related to the consolidation: Accrual March 3, 2019 Current Period Charges Cash Payments Non-Cash Charges Accrual March 1, 2020 Total Expense Accrued to Date Total Expected Costs Facility Lease Costs $ 1,324 $ 99 $ (991 ) $ - $ 432 $ 2,929 $ 3,000 Severance Costs - - - - - 1,081 1,081 Equipment Removal - 586 (586 ) - - 586 586 Other - 148 (148 ) - - 927 950 Total Restructuring Charges $ 1,324 $ 833 $ (1,725 ) $ - $ 432 $ 5,523 $ 5,617 The Company recorded additional restructuring charges for discontinued operations of $833 $374 2020 2019 2018 $432

Note 14 - Geographic Regions

Note 14 - Geographic Regions	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Geographic Regions [Text Block]	1 4 . GEOGRAPHIC REGIONS The Company’s products are sold to customers in North America, Asia and Europe. The Company’s manufacturing facilities are located in Kansas. Sales are attributed to geographic regions based upon the region in which the materials were delivered to the customer. Sales between geographic regions were not Financial information regarding the Company’s continuing operations by geographic region is as follows: Fiscal Year 2020 2019 2018 Sales: North America $ 56,264 $ 47,505 $ 38,641 Asia 1,378 1,070 563 Europe 2,372 2,541 1,026 Total sales $ 60,014 $ 51,116 $ 40,230 Long-lived assets: North America $ 24,942 $ 19,372 $ 18,313 Asia 1,650 1,546 1,680 Europe - - - Total long-lived assets $ 26,592 $ 20,918 $ 19,993

Note 15 - Customer and Supplier

Note 15 - Customer and Supplier Concentrations	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	1 5 . Customer and Supplier Concentrations As a result of the sale of the Electronics Business, the Company now operates in a single segment. As such, segment reporting is no Customers 48.2%, 42.8% 30.5% 2020, 2019 2018 10.6% 2018 While no 10% 2020, 2019 2018 Sources of Supply not not

Note 16 - Accounting Pronouncem

Note 16 - Accounting Pronouncements	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	1 6 . ACCOUNTING PRONOUNCEMENTS Recently Adopted In February 2016, No. 2016 02, 12 may 12 No. 2016 02 July 2018, No. 2018 11, 842 842. two 2016 02 March 1, 2020 first 2020 not not 1 not 2 3 2020 $551 11, 2016 02 In January 2017, No. 2017 04, 350 2 not December 15, 2019. fourth 2020 2017 04 not 1, 2017 04. In February 2018, No. 2018 02, 220 not March 1, 2020 first 2020 2018 02 not Recently Issued In June 2018, No. 2016 13, 326 December 15, 2019 ( January 1, 2020, not December 15, 2020, December 15, 2020, December 15, 2021. 2016 13 not In August 2018, No. 2018 13, 820 1 2 3 February 28, 2021 2018 13 In December 2019, No. 2019 12, 740 2019 12 December 15, 2020, December 15, 2021 December 15, 2022. 1 not 2 not

Note 17 - Subsequent Events

Note 17 - Subsequent Events	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	17. SUSEQUENT EVENTS Subsequent events were evaluated through May 14, 2020, In December 2019, 19” 19 19 19 19 may The COVID- 19 not March 1, 2020. 19 19 The COVID- 19 not 19 may not 19 may not not Even after the COVID- 19 may may The continued operation of the Company’s Kansas facility is critically dependent on maintaining the wellbeing of the employees that staff the facility. The Company has provided all employees at its manufacturing facility with detailed health and safety literature on COVID- 19. 19 19 The Company believes that our existing cash, cash equivalents and marketable securities, and cash flow from operations will be sufficient to fund necessary capital expenditures and operating cash requirements for at least the next 12 10 On March 27, 2020 163

Selected Quarterly Financial Da

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
Quarterly Financial Information [Text Block]	PARK AEROSPACE CORP. AND SUBSIDIARIES Selected Quarterly Financial Data (Unaudited) (Amounts in thousands, except per share amounts) Quarter First Second Third Fourth Fiscal 2020: Net sales $ 14,950 $ 13,723 $ 15,847 $ 15,494 Gross profit 4,804 3,813 5,022 5,034 Net earnings from continuing operations 2,714 2,052 2,806 2,633 Net (loss) earnings from discontinued operations (127 ) 83 (360 ) (249 ) Net earnings 2,587 2,135 2,446 2,384 Basic earnings (loss) per share: Basic net earnings per share from continuing operations $ 0.13 $ 0.10 $ 0.14 $ 0.13 Basic net earnings (loss) per share from discontinued operations - - (0.02 ) (0.01 ) Basic earnings per share 0.13 0.10 0.12 0.12 Diluted earnings (loss) per share: Diluted net earnings per share from continuing operations $ 0.13 $ 0.10 $ 0.14 $ 0.13 Diluted net earnings (loss) per share from discontinued operations - - (0.02 ) (0.01 ) Diluted earnings per share 0.13 0.10 0.12 0.12 Weighted average common shares outstanding: Basic 20,492 20,499 20,518 20,519 Diluted 20,586 20,601 20,617 20,578 Fiscal 2019: Net sales $ 10,393 $ 11,211 $ 12,853 $ 16,659 Gross profit 2,852 3,145 4,284 5,903 Net earnings from continuing operations 816 1,824 2,078 1,588 Net earnings from discontinued operations 2,352 876 1,613 102,398 Net earnings 3,168 2,700 3,691 103,986 Basic Earnings per share: Basic net earnings per share from continuing operations $ 0.04 $ 0.09 $ 0.10 $ 0.08 Basic net earnings per share from discontinued operations 0.12 0.04 0.08 5.02 Basic earnings per share 0.16 0.13 0.18 5.10 Diluted Earnings per share: Diluted net earnings per share from continuing operations $ 0.04 $ 0.09 $ 0.10 $ 0.08 Diluted net earnings per share from discontinued operations 0.12 0.04 0.08 4.99 Diluted earnings per share 0.16 0.13 0.18 5.07 Weighted average common shares outstanding: Basic 20,242 20,253 20,278 20,370 Diluted 20,296 20,382 20,352 20,501 Earnings per share are computed separately for each quarter. Therefore, the sum of such quarterly per share amounts may

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Mar. 01, 2020
Notes to Financial Statements
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	PARK AEROSPACE CORP. AND SUBSIDIARIES SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS Column C Column A Column B Additions Column D Column E Description Balance at Beginning of Period Costs and Expenses Other Reductions Balance at End of Period DEFERRED INCOME TAX ASSET VALUATION ALLOWANCE: 52 weeks ended March 1, 2020 $ 2,755,000 $ 420,000 $ - $ - $ 3,175,000 53 weeks ended March 3, 2019 $ 2,981,000 $ - $ - $ (226,000 ) $ 2,755,000 52 weeks ended February 25, 2018 $ 2,982,000 $ - $ - $ (1,000 ) $ 2,981,000 Column D Column A Column B Column C Other Column E Description Balance at Beginning of Period Charged to Cost and Expenses Accounts Written Off (A) Translation Adjustment Balance at End of Period ALLOWANCE FOR DOUBTFUL ACCOUNTS: 52 weeks ended March 1, 2020 $ 32,000 $ 41,000 $ - $ - $ 73,000 53 weeks ended March 3, 2019 $ 32,000 $ - $ - $ - $ 32,000 52 weeks ended February 25, 2018 $ 32,000 $ - $ - $ - $ 32,000 (A)

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 01, 2020
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	a. Principles of Consolidation
Basis of Accounting, Policy [Policy Text Block]	b. Basis of Presentation July 25, 2018, $145,000 December 4, 2018. ( 13 The Company has classified the operating results of its Electronics Business, together with certain costs related to the transaction, as discontinued operations, net of tax, in the Consolidated Statements of Operations, in accordance with Accounting Standards Codification (“ASC”) 205 20, Discontinued Operations. 13
Use of Estimates, Policy [Policy Text Block]	c. Use of Estimates may
Fiscal Period, Policy [Policy Text Block]	d. Accounting Period 52 53 February. 2020, 2019 2018 March 1, 2020, March 3, 2019 February 25, 2018, 2020, 2019 2018 52, 53 52
Fair Value Measurement, Policy [Policy Text Block]	e. Fair Value Measurements – (i.e. Fair value measurements are broken down into three Level 1 Level 2 1 2 e.g. Level 3 not The fair value of the Company’s cash and cash equivalents, accounts receivable, accounts payable and current liabilities approximate their carrying value due to their short-term nature. Due to the variable interest rates periodically adjusting with the current LIBOR, the carrying value of outstanding borrowings under the Company’s long-term debt approximated its fair value (See Note 10 1 2 2 The Company’s non-financial assets measured at fair value on a non-recurring basis, for purposes of calculating impairment, include goodwill and any long-lived assets written down to fair value. To measure fair value of such assets, the Company uses Level 3 no 2020, 2019 2018
Cash and Cash Equivalents, Policy [Policy Text Block]	f. Cash and Cash Equivalents – 90 $2,496 $49,707 March 1, 2020 March 3, 2019, 2 $29,265 $126,196 March 1, 2020 Supplemental cash flow information: Fiscal Year 2020 2019 2018 Cash paid during the year for: Income taxes, net of refunds $ 8,296 $ 14,451 $ 2,040 Interest - - 2,127 At March 1, 2020 March 3, 2019, $21 $65,144,
Marketable Securities, Policy [Policy Text Block]	g. Marketable Securities
Inventory, Policy [Policy Text Block]	h . Inventories first first
Revenue [Policy Text Block]	i . Revenue Recognition 1 2 3 4 5
Contract with Customer, Sales Allowances and Product Warranties [Policy Text Block]	j . Sales Allowances and Product Warranties may no may 1.0% three
Accounts Receivable [Policy Text Block]	k. Accounts Receivable – not may
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	l . Valuation of Long-Lived Assets may not not $67 2018 no 2020 2019
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	m. Goodwill and Other Intangible Assets not 15 may not first not not one first fourth no 2020 2019
Contract with Customer, Shipping and Handling Cost, Policy [Policy Text Block]	n . Shipping Costs third
Property, Plant and Equipment, Policy [Policy Text Block]	o . Property, Plant and Equipment 10 25 30 $1,544, $1,784 $1,833 2020, 2019 2018
Income Tax, Policy [Policy Text Block]	p . Income Taxes If these estimates and assumptions change in the future, the Company may 4 Tax benefits are recognized for an uncertain tax position when, in the Company’s judgment, it is more likely than not not 50%
Foreign Currency Transactions and Translations Policy [Policy Text Block]	q. Foreign Currency Translation
Share-based Payment Arrangement [Policy Text Block]	r. Stock-Based Compensation four
Treasury Stock Policy [Policy Text Block]	s. Treasury Stock –
Reclassification, Comparability Adjustment [Policy Text Block]	t. Reclassification – no 13
Lessee, Leases [Policy Text Block]	u. Leases one ten 2068 not

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Fiscal Year 2020 2019 2018 Cash paid during the year for: Income taxes, net of refunds $ 8,296 $ 14,451 $ 2,040 Interest - - 2,127

Note 2 - Marketable Securities

Note 2 - Marketable Securities (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Debt Securities, Available-for-sale [Table Text Block]	March 1, 2020 Total Level 1 Level 2 Level 3 U.S. Treasury and other government securities $ 101,390 $ 101,390 $ - $ - U.S. corporate debt securities 15,555 15,555 - - Total marketable securities $ 116,945 $ 116,945 $ - $ - March 3, 2019 Total Level 1 Level 2 Level 3 U.S. Treasury and other government securities $ 68,718 $ 68,718 $ - $ - U.S. corporate debt securities 11,899 11,899 - - Total marketable securities $ 80,617 $ 80,617 $ - $ -
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	Amortized Cost Basis Gross Unrealized Gains Gross Unrealized Losses March 1, 2020: U.S. Treasury and other government securities $ 100,626 $ 764 $ - U.S. corporate debt securities 15,473 82 - Total marketable securities $ 116,099 $ 846 $ - March 3, 2019: U.S. Treasury and other government securities $ 68,727 $ 44 $ 53 U.S. corporate debt securities 11,924 7 32 Total marketable securities $ 80,651 $ 51 $ 85
Realized Gain (Loss) on Investments [Table Text Block]	Fiscal Year 2020 2019 2018 Gross realized gains on sale $ 90 $ - $ - Gross realized losses on sale $ 75 $ 1,498 $ 1,342
Investments Classified by Contractual Maturity Date [Table Text Block]	Due in one year or less $ 43,498 Due after one year through five years 73,447 $ 116,945

Note 3 - Other Consolidated B_2

Note 3 - Other Consolidated Balance Sheet Data (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Schedule of Other Balance Sheet Data [Table Text Block]	March 1, March 3, 2020 2019 Inventories: Raw materials $ 5,319 $ 4,556 Work-in-process 254 232 Finished goods 806 479 $ 6,379 $ 5,267 Property, plant and equipment: Land, buildings and improvements $ 13,642 $ 13,187 Machinery, equipment, furniture and fixtures 35,182 56,961 48,824 70,148 Less: accumulated depreciation and amortization 32,724 59,357 $ 16,100 $ 10,791 Goodwill and other intangible assets: Goodwill $ 9,776 $ 9,776 Other intangibles 28 35 $ 9,804 $ 9,811 Accrued liabilities: Payroll and payroll related $ 578 $ 823 Employee benefits 1 6 Workers' compensation 111 122 Professional fees 467 451 Restructuring (Notes 8 and 14) 432 1,324 Other 120 194 $ 1,709 $ 2,920

Note 4 - Income Taxes (Tables)

Note 4 - Income Taxes (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Fiscal Year 2020 2019 2018 Current: Federal $ 2,556 $ 1,776 $ 22,968 State and local 40 164 51 Foreign 383 258 481 2,979 2,198 23,500 Deferred: Federal 899 (71 ) (41,624 ) State and local (12 ) (362 ) (21 ) Foreign - 26 (17 ) 887 (407 ) (41,662 ) $ 3,866 $ 1,791 $ (18,162 )
Schedule of Components of Income Tax Expense (Benefit), Discontinued Operation [Table Text Block]	Fiscal Year 2020 2019 2018 Current: Federal $ (183 ) $ 11,198 $ (1,400 ) State and local (15 ) 1,455 168 Foreign - 1,397 327 (198 ) 14,050 (905 ) Deferred: Federal - 686 (430 ) State and local (38 ) 564 (31 ) Foreign - (617 ) 63 (38 ) 633 (398 ) $ (236 ) $ 14,683 $ (1,303 )
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	Fiscal Year 2020 2019 2018 United States $ 11,676 $ 6,661 $ (652 ) Foreign 2,395 1,436 962 Earnings before income taxes $ 14,071 $ 8,097 $ 310 Fiscal Year 2020 2019 2018 United States $ (887 ) $ 7,485 $ (7,512 ) Foreign - 114,437 8,332 (Loss) earnings before income taxes $ (887 ) $ 121,922 $ 820
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Fiscal Year 2020 2019 2018 Statutory U.S. Federal tax rate 21.0 % 21.0 % 32.9 % State and local taxes, net of 0.1 % 1.6 % (41.4 %) Federal benefit Foreign tax rate differentials (0.6 %) (0.8 %) (117.6 %) Valuation allowance on deferred tax assets (0.1 %) (2.8 %) - Adjustment on tax accruals (17.6 %) 2.9 % 56.8 % ASC 740-10 change 23.5 % 0.4 % 104.7 % Foreign tax credits (2.7 %) (3.2 %) (118.0 %) U.S. Tax Reform - - (5,944.2 %) Subpart F 4.0 % 4.0 % 281.1 % Permanent differences and other (0.1 %) (1.0 %) (104.0 %) 27.5 % 22.1 % (5,849.7 %)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	March 3, February 25, 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 2,608 $ 2,709 Tax credits carryforward 621 135 Stock options 1,120 1,206 Other, net 478 574 4,827 4,624 Valuation allowance on deferred tax assets (3,175 ) (2,755 ) Total deferred tax assets, net of valuation allowance 1,652 1,869 Deferred tax liabilities: Depreciation (1,743 ) (1,368 ) Undistributed earnings (2 ) (333 ) Other (699 ) (154 ) Total deferred tax liabilities (2,444 ) (1,855 ) Net deferred tax asset (liability) $ (792 ) $ 14
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	Unrecognized Tax Benefits March 1, March 3, February 25, 2020 2019 2018 Balance, beginning of year $ 937 $ 314 $ - Tax positions - Discontinued Ops in prior period - 187 - Gross decreases - tax positions in prior period (32 ) (256 ) - Gross increases - current period tax positions 3,259 784 314 Audit settlements - (92 ) - Balance, end of year $ 4,164 $ 937 $ 314 Unrecognized Tax Benefits March 1, March 3, February 25, 2020 2019 2018 Balance, beginning of year $ - $ 187 $ 1,024 Tax positions - Discontinued Ops in prior period - (187 ) - Gross decreases - tax positions in prior period - - (688 ) Gross increases - current period tax positions - - 6 Lapse of statute of limitations - - (155 ) Balance, end of year $ - $ - $ 187
Summary of Income Tax Examinations [Table Text Block]	U.S. Federal 2018 - 2020 California 2017 - 2020 New York 2018 - 2020 France 2017 - 2020 Singapore 2016 - 2020

Note 5 - Stock-based Compensa_2

Note 5 - Stock-based Compensation (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Fiscal Year 2020 2019 2018 Weighted average fair value per share of option grants $3.75 - $4.03 $3.66 - Risk-free interest rates 2.24% - 2.26% 2.83% - Expected stock price volatility 30.4% - 31.5% 24.7% - Expected dividend yields 2.43% 2.32% - Estimated option terms (Years) 4.3 - 5.8 5.2 -
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Outstanding Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value Balance, February 26, 2017 1,070,529 $ 21.08 Granted - - Exercised (6,900 ) 13.36 Terminated or expired (178,075 ) 22.55 Balance, February 25, 2018 885,554 $ 17.55 Granted 2,650 13.50 Exercised (244,382 ) 12.18 Terminated or expired (103,113 ) 18.75 Balance, March 3, 2019 540,709 $ 13.49 $ 227 Granted 114,450 15.44 Exercised (32,873 ) 11.64 Terminated or expired (111,652 ) 15.95 Balance, March 1, 2020 510,634 $ 12.45 5.21 $ 746 Vested and exercisable, March 1, 2020 400,659 $ 12.64 4.12 $ 509 Expected to vest, March 1, 2020 479,996 $ 12.45 5.21 $ 701
Schedule of Nonvested Share Activity [Table Text Block]	Shares Subject to Options Weighted Average Grant Date Fair Value Non-vested, beginning of year 25,600 $ 3.50 Granted 114,450 3.97 Vested (22,960 ) 3.48 Terminated or expired (7,114 ) 3.92 Non-vested, end of year 109,976 $ 3.96

Note 6 - Shareholders' Equity (

Note 6 - Shareholders' Equity (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	March 1, 2020 March 3, 2019 Unrealized gains (losses) on investments, net of taxes of $690 and $1,157, respectively $ 668 $ (22 ) Accumulated balance $ 668 $ (22 )

Note 7 - Earnings Per Share (Ta

Note 7 - Earnings Per Share (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Fiscal Year (Amounts in thousands, except per share amounts) 2020 2019 2018 Net earnings - continuing operations $ 10,205 $ 6,306 $ 18,472 Net (loss) earnings - discontinued operations (653 ) 107,239 2,123 Net earnings $ 9,552 $ 113,545 $ 20,595 Weighted average common shares outstanding for basic EPS 20,507 20,288 20,237 Net effect of dilutive options 88 97 30 Weighted average shares outstanding for diluted EPS 20,595 20,385 20,267 Basic earnings per share - continuing operations $ 0.50 $ 0.31 $ 0.91 Basic (loss) earnings per share - discontinued operations (0.03 ) 5.29 0.11 Basic earnings per share $ 0.47 $ 5.60 $ 1.02 Diluted earnings per share - continuing operations $ 0.50 $ 0.31 $ 0.91 Diluted (loss) earnings per share - discontinued operations (0.03 ) 5.26 0.11 Diluted earnings per share $ 0.47 $ 5.57 $ 1.02

Note 11 - Leases and Commitme_2

Note 11 - Leases and Commitments (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Fiscal Year: 2021 $ 152 2022 90 2023 61 2024 61 2025 - Thereafter 161 Total undiscounted operating lease payments 525 Less imputed interest (105 ) Present value of operating lease payments $ 420 Fiscal Year Amount 2021 $ 152 2022 90 2023 61 2024 61 2025 - Thereafter - $ 364
Schedule of Right-of-use Assets and Operating Lease Liabilities [Table Text Block]	Operating right-of-use assets $ 420 Operating lease liabilities $ 152 Long-term operating lease liabilities 268 Total operating lease liabilities $ 420

Note 13 - Discontinued Operat_2

Note 13 - Discontinued Operations (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Fiscal Year Ended March 1, March 3, February 25, 2020 2019 2018 Net sales $ - $ 57,492 $ 70,966 Cost of sales - 44,361 55,794 Gross profit - 13,131 15,172 Selling, general and administrative expenses 234 8,826 9,510 Restructuring charges 941 636 4,876 (Loss) earnings from discontinued operations (1,175 ) 3,669 786 Other income 288 118,253 34 (Loss) earnings from discontinued operations before income taxes (887 ) 121,922 820 Income tax (benefit) provision (234 ) 14,683 (1,303 ) Net (loss) earnings from discontinued operations $ (653 ) $ 107,239 $ 2,123
Restructuring and Related Costs [Table Text Block]	Accrual March 3, 2019 Current Period Charges Cash Payments Non-Cash Charges Accrual March 1, 2020 Total Expense Accrued to Date Total Expected Costs Facility Lease Costs $ 1,324 $ 99 $ (991 ) $ - $ 432 $ 2,929 $ 3,000 Severance Costs - - - - - 1,081 1,081 Equipment Removal - 586 (586 ) - - 586 586 Other - 148 (148 ) - - 927 950 Total Restructuring Charges $ 1,324 $ 833 $ (1,725 ) $ - $ 432 $ 5,523 $ 5,617

Note 14 - Geographic Regions (T

Note 14 - Geographic Regions (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Fiscal Year 2020 2019 2018 Sales: North America $ 56,264 $ 47,505 $ 38,641 Asia 1,378 1,070 563 Europe 2,372 2,541 1,026 Total sales $ 60,014 $ 51,116 $ 40,230 Long-lived assets: North America $ 24,942 $ 19,372 $ 18,313 Asia 1,650 1,546 1,680 Europe - - - Total long-lived assets $ 26,592 $ 20,918 $ 19,993

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Quarterly Financial Information [Table Text Block]	Quarter First Second Third Fourth Fiscal 2020: Net sales $ 14,950 $ 13,723 $ 15,847 $ 15,494 Gross profit 4,804 3,813 5,022 5,034 Net earnings from continuing operations 2,714 2,052 2,806 2,633 Net (loss) earnings from discontinued operations (127 ) 83 (360 ) (249 ) Net earnings 2,587 2,135 2,446 2,384 Basic earnings (loss) per share: Basic net earnings per share from continuing operations $ 0.13 $ 0.10 $ 0.14 $ 0.13 Basic net earnings (loss) per share from discontinued operations - - (0.02 ) (0.01 ) Basic earnings per share 0.13 0.10 0.12 0.12 Diluted earnings (loss) per share: Diluted net earnings per share from continuing operations $ 0.13 $ 0.10 $ 0.14 $ 0.13 Diluted net earnings (loss) per share from discontinued operations - - (0.02 ) (0.01 ) Diluted earnings per share 0.13 0.10 0.12 0.12 Weighted average common shares outstanding: Basic 20,492 20,499 20,518 20,519 Diluted 20,586 20,601 20,617 20,578 Fiscal 2019: Net sales $ 10,393 $ 11,211 $ 12,853 $ 16,659 Gross profit 2,852 3,145 4,284 5,903 Net earnings from continuing operations 816 1,824 2,078 1,588 Net earnings from discontinued operations 2,352 876 1,613 102,398 Net earnings 3,168 2,700 3,691 103,986 Basic Earnings per share: Basic net earnings per share from continuing operations $ 0.04 $ 0.09 $ 0.10 $ 0.08 Basic net earnings per share from discontinued operations 0.12 0.04 0.08 5.02 Basic earnings per share 0.16 0.13 0.18 5.10 Diluted Earnings per share: Diluted net earnings per share from continuing operations $ 0.04 $ 0.09 $ 0.10 $ 0.08 Diluted net earnings per share from discontinued operations 0.12 0.04 0.08 4.99 Diluted earnings per share 0.16 0.13 0.18 5.07 Weighted average common shares outstanding: Basic 20,242 20,253 20,278 20,370 Diluted 20,296 20,382 20,352 20,501

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Mar. 01, 2020
Notes Tables
Valuation Allowances and Reserves [Table Text Block]	Column C Column A Column B Additions Column D Column E Description Balance at Beginning of Period Costs and Expenses Other Reductions Balance at End of Period DEFERRED INCOME TAX ASSET VALUATION ALLOWANCE: 52 weeks ended March 1, 2020 $ 2,755,000 $ 420,000 $ - $ - $ 3,175,000 53 weeks ended March 3, 2019 $ 2,981,000 $ - $ - $ (226,000 ) $ 2,755,000 52 weeks ended February 25, 2018 $ 2,982,000 $ - $ - $ (1,000 ) $ 2,981,000 Column D Column A Column B Column C Other Column E Description Balance at Beginning of Period Charged to Cost and Expenses Accounts Written Off (A) Translation Adjustment Balance at End of Period ALLOWANCE FOR DOUBTFUL ACCOUNTS: 52 weeks ended March 1, 2020 $ 32,000 $ 41,000 $ - $ - $ 73,000 53 weeks ended March 3, 2019 $ 32,000 $ - $ - $ - $ 32,000 52 weeks ended February 25, 2018 $ 32,000 $ - $ - $ - $ 32,000

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018	Jul. 25, 2018
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 5,410	$ 71,007
Cash and Marketable Securities		$ 126,196
Sales Returns and Allowance as Percentage of Sales	1.00%	1.00%	1.00%
Impairment of Long-Lived Assets Held-for-use	$ 0	$ 0	$ 67
Finite-Lived Intangible Asset, Useful Life (Year)	15 years
Goodwill, Impairment Loss	$ 0	0
Depreciation, Depletion and Amortization, Total	$ 1,544	1,784	$ 1,833
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	4 years
Minimum [Member]
Lessee, Operating Lease, Renewal Term (Year)	1 year
Maximum [Member]
Lessee, Operating Lease, Renewal Term (Year)	10 years
Machinery, Equipment, Furniture and Fixtures [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years
Land, Buildings and Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	25 years
Land, Buildings and Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	30 years
Cash and Cash Equivalents, Foreign Financial Institutions [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 21	65,144
Company’s Wholly Owned Foreign Subsidiaries [Member]
Cash and Marketable Securities	29,265
Debt Securities [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 2,496	$ 49,707
Electronics Business [Member] | Electronics Business [Member]
Disposal Group, Including Discontinued Operation, Consideration				$ 145,000

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Income taxes, net of refunds	$ 8,296	$ 14,451	$ 2,040
Interest			$ 2,127

Note 2 - Marketable Securitie_2

Note 2 - Marketable Securities (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 28, 2019	Feb. 25, 2018
Loss on Sale of Investments			$ 1,498	$ 1,342
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)	$ 1	$ 4.25	$ 4.25	$ 3
Repayments of Long-term Debt, Total				$ 72,000
HSBC Bank USA [Member]
Repayments of Long-term Debt, Total				$ 68,500

Note 2 - Marketable Securitie_3

Note 2 - Marketable Securities - Summary of Available-for-sale Securities (Details) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Available-for-sale securities	$ 116,945	$ 80,617
Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities	116,945	80,617
Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities
Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
US Treasury and Government [Member]
Available-for-sale securities	101,390	68,718
US Treasury and Government [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities	101,390	68,718
US Treasury and Government [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities
US Treasury and Government [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
Debt Security, Corporate, US [Member]
Available-for-sale securities	15,555	11,899
Debt Security, Corporate, US [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities	15,555	11,899
Debt Security, Corporate, US [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities
Debt Security, Corporate, US [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities

Note 2 - Marketable Securitie_4

Note 2 - Marketable Securities - Summary of Unrealized Gains and Losses on Available-for-sale Securities (Details) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Amortized cost basis	$ 116,099	$ 80,651
Gross unrealized gains	846	51
Gross unrealized losses		85
US Treasury and Government [Member]
Amortized cost basis	100,626	68,727
Gross unrealized gains	764	44
Gross unrealized losses		53
Debt Security, Corporate, US [Member]
Amortized cost basis	15,473	11,924
Gross unrealized gains	82	7
Gross unrealized losses		$ 32

Note 2 - Marketable Securitie_5

Note 2 - Marketable Securities - Summary of Realized Gains/Losses on Available-for-Sale Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Gross realized gains on sale	$ 90
Gross realized losses on sale	$ 75	$ 1,498	$ 1,342

Note 2 - Marketable Securitie_6

Note 2 - Marketable Securities - Estimated Fair Value of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Due in one year or less	$ 43,498
Due after one year through five years	73,447
Debt Securities, Available-for-sale, Total	$ 116,945	$ 80,617

Note 3 - Other Consolidated B_3

Note 3 - Other Consolidated Balance Sheet Data - Other Consolidated Balance Sheet Data (Details) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Raw materials	$ 5,319	$ 4,556
Work-in-process	254	232
Finished goods	806	479
Inventory, Net, Total	6,379	5,267
Land, buildings and improvements	48,824	70,148
Less: accumulated depreciation and amortization	32,724	59,357
Property, Plant and Equipment, Net, Ending Balance	16,100	10,791
Goodwill	9,776	9,776
Other intangibles	28	35
Intangible Assets, Net (Including Goodwill), Total	9,804	9,811
Payroll and payroll related	578	823
Employee benefits	1	6
Workers' compensation	111	122
Professional fees	467	451
Restructuring (Notes 8 and 14)	432	1,324
Other	120	194
Accrued Liabilities, Current, Total	1,709	2,920
Land, Buildings and Improvements [Member]
Land, buildings and improvements	13,642	13,187
Machinery, Equipment, Furniture and Fixtures [Member]
Land, buildings and improvements	$ 35,182	$ 56,961

Note 4 - Income Taxes (Details

Note 4 - Income Taxes (Details Textual) - USD ($) $ in Thousands	2 Months Ended	12 Months Ended
	Mar. 01, 2020	Mar. 01, 2020	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018	Mar. 03, 2020	Feb. 25, 2019	Feb. 26, 2017
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21.00%		21.00%	32.90%
Tax Cuts and Jobs Act, Transition Tax for Accumulated Foreign Earnings, Income Tax Expense					$ 23,139
One-time Transition Tax Provision, Current Income Tax Expense on Untaxed Foreign Earnings, Payment Period (Year)					8 years
Tax Cuts and Jobs Act, Transition Tax for Accumulated Foreign Earnings, Liability, Total					$ 21,887
Tax Cuts and Jobs Act, Transition Tax for Accumulated Foreign Earnings, Liability, Current					1,751
Tax Cuts and Jobs Act, Transition Tax for Accumulated Foreign Earnings, Liability, Noncurrent					20,136
Deferred Tax Liability Reversed					44,309
Income Tax Benefit, Reversal of Deferred Tax Liability					18,456
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability					1,963
Undistributed Earnings, Basic, Total		$ 25,000
Foreign Earnings Repatriated		100,216		$ 113,600	135,300
Effective Income Tax Rate Reconciliation, Operating Loss Carryforwards, Amount	$ 64	64	$ 64
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount	191
Deferred Tax Assets, Valuation Allowance, Total						$ 3,175	$ 2,755
Unrecognized Tax Benefits, Ending Balance	4,164	4,164	4,164	937	$ 314
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	193	193	193	79
Other Noncurrent Liabilities [Member]
Unrecognized Tax Benefits, Ending Balance	4,356	4,356	4,356	1,016
Research Tax Credit Carryforward [Member]
Tax Credit Carryforward, Amount	45	45	45	236
State and Local Jurisdiction [Member]
Operating Loss Carryforwards, Total	2,515	2,515	2,515	3,161
State and Local Jurisdiction [Member] | Arizona Department of Revenue [Member]
Tax Credit Carryforward, Amount	576	576	576	135
State and Local Jurisdiction [Member] | New York State Division of Taxation and Finance [Member] | Nelco Technology Zhuhai FTZ Ltd [Member]
Deferred Tax Assets, Valuation Allowance, Total	3,175	3,175	$ 3,175
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount				420
State and Local Jurisdiction [Member] | Minimum [Member]
Operating Loss Carryforwards Expiration Year			2021
State and Local Jurisdiction [Member] | Maximum [Member]
Operating Loss Carryforwards Expiration Year			2039
Foreign Tax Authority [Member]
Operating Loss Carryforwards, Total	$ 7,798	$ 7,798	$ 7,798	$ 7,862

Note 4 - Income Taxes - Provisi

Note 4 - Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Federal	$ 2,556	$ 1,776	$ 22,968
State and local	40	164	51
Foreign	383	258	481
Current Income Tax Expense (Benefit), Total	2,979	2,198	23,500
Federal	899	(71)	(41,624)
State and local	(12)	(362)	(21)
Foreign		26	(17)
Deferred Income Tax Expense (Benefit), Total	887	(407)	(41,662)
Income Tax Expense (Benefit), Total	$ 3,866	$ 1,791	$ (18,162)

Note 4 - Income Taxes - Income

Note 4 - Income Taxes - Income Tax (Benefit) Provision for Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Federal	$ (183)	$ 11,198	$ (1,400)
State and local	(15)	1,455	168
Foreign		1,397	327
Discontinued Operation, Current Income Tax Expense (Benefit)	(198)	14,050	(905)
Federal		686	(430)
State and local	(38)	564	(31)
Foreign		(617)	63
Discontinued Operation, Deferred Income Tax Expense (Benefit)	(38)	633	(398)
Discontinued Operation, Tax Effect of Discontinued Operation, Total	$ (236)	$ 14,683	$ (1,303)

Note 4 - Income Taxes - Compone

Note 4 - Income Taxes - Components of Earnings Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
United States	$ 11,676	$ 6,661	$ (652)
Foreign	2,395	1,436	962
Earnings before income taxes	14,071	8,097	310
Discontinued operations, United States	(887)	7,485	(7,512)
Discontinued operations, foreign		114,437	8,332
(Loss) earnings before income taxes	$ (887)	$ 121,922	$ 820

Note 4 - Income Taxes - Effecti

Note 4 - Income Taxes - Effective Income Tax Reconciliation (Details)	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	21.00%	32.90%
State and local taxes, net of	0.10%	1.60%	(41.40%)
Foreign tax rate differentials	(0.60%)	(0.80%)	(117.60%)
Valuation allowance on deferred tax assets	(0.10%)	(2.80%)
Adjustment on tax accruals	(17.60%)	2.90%	56.80%
ASC 740-10 change	23.50%	0.40%	104.70%
Foreign tax credits	(2.70%)	(3.20%)	(118.00%)
U.S. Tax Reform			(5944.20%)
Subpart F	4.00%	4.00%	281.10%
Permanent differences and other	(0.10%)	(1.00%)	(104.00%)
Effective Income Tax Rate Reconciliation, Percent, Total	27.50%	22.10%	(5849.70%)

Note 4 - Income Taxes - Compo_2

Note 4 - Income Taxes - Components of Deferred Tax Liabilities and Assets (Details) - USD ($) $ in Thousands	Mar. 03, 2020	Feb. 25, 2019
Deferred tax assets:
Net operating loss carryforwards	$ 2,608	$ 2,709
Tax credits carryforward	621	135
Stock options	1,120	1,206
Other, net	478	574
Deferred Tax Assets, Gross, Total	4,827	4,624
Valuation allowance on deferred tax assets	(3,175)	(2,755)
Total deferred tax assets, net of valuation allowance	1,652	1,869
Deferred tax liabilities:
Depreciation	(1,743)	(1,368)
Undistributed earnings	(2)	(333)
Other	(699)	(154)
Total deferred tax liabilities	(2,444)	(1,855)
Net deferred tax liability	$ (792)
Net deferred tax asset		$ 14

Note 4 - Income Taxes - Unrecog

Note 4 - Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Balance, beginning of year	$ 937	$ 314
Tax positions - Discontinued Ops in prior period		187
Gross decreases - tax positions in prior period	(32)	(256)
Gross increases - current period tax positions	3,259	784	314
Audit settlements		(92)
Balance, end of year	4,164	937	314
Electronics Business [Member]
Balance, beginning of year		187	1,024
Gross decreases - tax positions in prior period			(688)
Gross increases - current period tax positions			6
Tax positions - Discontinued Ops in prior period		(187)
Lapse of statute of limitations			(155)
Balance, end of year			$ 187

Note 4 - Income Taxes - Open Ta

Note 4 - Income Taxes - Open Tax Years by Major Jurisdiction (Details) - Earliest Tax Year [Member]	12 Months Ended
	Mar. 01, 2020
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Open tax year	2018 2019 2020
State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Open tax year	2017 2018 2019 2020
State and Local Jurisdiction [Member] | New York State Division of Taxation and Finance [Member]
Open tax year	2018 2019 2020
Foreign Tax Authority [Member] | Ministry of the Economy, Finance and Industry, France [Member]
Open tax year	2017 2018 2019 2020
Foreign Tax Authority [Member] | Inland Revenue, Singapore (IRAS) [Member]
Open tax year	2016 2017 2018 2019 2020

Note 5 - Stock-based Compensa_3

Note 5 - Stock-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jul. 24, 2018	Mar. 01, 2020	Mar. 03, 2019	Feb. 28, 2019	Feb. 25, 2018
Common Stock, Capital Shares Reserved for Future Issuance (in shares)		692,100
Share-based Payment Arrangement, Plan Modification, Incremental Cost		$ 208	$ 528
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)		$ 1	$ 4.25	$ 4.25	$ 3
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value		$ 124	$ 1,157		$ 44
Selling, General and Administrative Expenses [Member]
Share-based Payment Arrangement, Expense		$ 726	$ 1,249
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		4 years
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total		$ 408
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		3 years 54 days
The 2018 Stock Option Plan [Member]
Percentage of Stock Options, Exercisable One Year From Date of Grant	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	1 year
Percentage of Stock Options Exercisable On Each Succeeding Year from Date of Grant	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	800,000
Common Stock, Capital Shares Reserved for Future Issuance (in shares)		692,100

Note 5 - Stock-based Compensa_4

Note 5 - Stock-based Compensation - Fair Value Assumptions (Details) - $ / shares	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Weighted average fair value per share of option grants (in dollars per share)	$ 3.97	$ 3.66
Risk-free interest rates		2.83%
Expected stock price volatility		24.70%
Expected dividend yields	2.43%	2.32%
Estimated option terms (Years) (Year)		5 years 73 days
Minimum [Member]
Weighted average fair value per share of option grants (in dollars per share)	$ 3.75
Risk-free interest rates	2.24%
Expected stock price volatility	30.40%
Estimated option terms (Years) (Year)	4 years 109 days
Maximum [Member]
Weighted average fair value per share of option grants (in dollars per share)	$ 4.03
Risk-free interest rates	2.26%
Expected stock price volatility	31.50%
Estimated option terms (Years) (Year)	5 years 292 days

Note 5 - Stock-based Compensa_5

Note 5 - Stock-based Compensation - Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Outstanding options (in shares)	540,709	885,554	1,070,529
Balance, weighted average exercise price (in dollars per share)	$ 13.49	$ 17.55	$ 21.08
Outstanding options, granted (in shares)	114,450	2,650
Granted, weighted average exercise price (in dollars per share)	$ 15.44	$ 13.50
Outstanding options, exercised (in shares)	(32,873)	(244,382)	(6,900)
Exercised, weighted average exercise price (in dollars per share)	$ 11.64	$ 12.18	$ 13.36
Outstanding options, terminated or expired (in shares)	(111,652)	(103,113)	(178,075)
Terminated or expired, weighted average exercise price (in dollars per share)	$ 15.95	$ 18.75	$ 22.55
Outstanding aggregate intrinsic value	$ 746	$ 227
Outstanding options (in shares)	510,634	540,709	885,554
Balance, weighted average exercise price (in dollars per share)	$ 12.45	$ 13.49	$ 17.55
Balance, weighted average remaining contractual term (Year)	5 years 76 days
Vested and exercisable, March 1, 2020 (in shares)	400,659
Vested and exercisable, March 1, 2020 (in dollars per share)	$ 12.64
Vested and exercisable, March 1, 2020 (Year)	4 years 43 days
Vested and exercisable, March 1, 2020	$ 509
Expected to vest, March 1, 2020 (in shares)	479,996
Expected to vest, March 1, 2020 (in dollars per share)	$ 12.45
Expected to vest, March 1, 2020 (Year)	5 years 76 days
Expected to vest, March 1, 2020	$ 701

Note 5 - Stock-based Compensa_6

Note 5 - Stock-based Compensation - Non-vested Options (Details) - $ / shares	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Non-vested, beginning of year (in shares)	25,600
Non-vested, beginning of year (in dollars per share)	$ 3.50
Granted (in shares)	114,450	2,650
Granted (in dollars per share)	$ 3.97	$ 3.66
Vested (in shares)	(22,960)
Vested (in dollars per share)	$ 3.48
Terminated or expired (in shares)	(7,114)
Terminated or expired (in dollars per share)	$ 3.92
Non-vested, end of year (in shares)	109,976	25,600
Non-vested, end of year (in dollars per share)	$ 3.96	$ 3.50

Note 6 - Shareholders' Equity_2

Note 6 - Shareholders' Equity (Details Textual) - USD ($) $ in Thousands	Mar. 10, 2016	Feb. 28, 2016	May 10, 2020	Mar. 01, 2020	Jan. 08, 2015	Jan. 07, 2015
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares)					1,250,000
Stock Repurchase Program, Percentage of Outstanding Shares Authorized to be Repurchased						6.00%
Common Stock, Shares, Outstanding, Ending Balance (in shares)				20,518,823		20,945,634
Stock Repurchase Program, Number of Additional Shares Authorized to be Repurchased (in shares)	1,000,000
Stock Repurchased During Period, Shares (in shares)		599,832
Stock Repurchased and Retired During Period, Value		$ 12,187
Common Stock, Capital Shares Reserved for Future Issuance (in shares)				692,100
Subsequent Event [Member]
Stock Repurchase Program, Percentage of Outstanding Shares Authorized to be Repurchased			7.50%
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased (in shares)			1,531,412

Note 6 - Shareholders' Equity -

Note 6 - Shareholders' Equity - Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Unrealized gains (losses) on investments, net of taxes of $690 and $1,157, respectively	$ 668	$ (22)
Accumulated balance	$ 668	$ (22)

Note 6 - Shareholders' Equity_3

Note 6 - Shareholders' Equity - Accumulated Other Comprehensive Income (Details) (Parentheticals) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Unrealized gains on investments, tax	$ 690	$ 1,157

Note 7 - Earnings Per Share (De

Note 7 - Earnings Per Share (Details Textual) - shares	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	132,000	213,893	606,357

Note 7 - Earnings Per Share - B

Note 7 - Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 01, 2020	Dec. 01, 2019	Sep. 01, 2019	Jun. 02, 2019	Mar. 03, 2019	Nov. 25, 2018	Aug. 26, 2018	May 27, 2018	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Net earnings - continuing operations	$ 2,633	$ 2,806	$ 2,052	$ 2,714	$ 1,588	$ 2,078	$ 1,824	$ 816	$ 10,205	$ 6,306	$ 18,472
Net (loss) earnings - discontinued operations	(249)	(360)	83	(127)	102,398	1,613	876	2,352	(653)	107,239	2,123
Net earnings	$ 2,384	$ 2,446	$ 2,135	$ 2,587	$ 103,986	$ 3,691	$ 2,700	$ 3,168	$ 9,552	$ 113,545	$ 20,595
Weighted average common shares outstanding for basic EPS (in shares)	20,519	20,518	20,499	20,492	20,370	20,278	20,253	20,242	20,507	20,288	20,237
Net effect of dilutive options (in shares)									88	97	30
Weighted average shares outstanding for diluted EPS (in shares)	20,578	20,617	20,601	20,586	20,501	20,352	20,382	20,296	20,595	20,385	20,267
Basic earnings per share - continuing operations (in dollars per share)	$ 0.13	$ 0.14	$ 0.10	$ 0.13	$ 0.08	$ 0.10	$ 0.09	$ 0.04	$ 0.50	$ 0.31	$ 0.91
Basic (loss) earnings per share - discontinued operations (in dollars per share)	(0.01)	(0.02)			5.02	0.08	0.04	0.12	(0.03)	5.29	0.11
Basic earnings per share (in dollars per share)	0.12	0.12	0.10	0.13	5.10	0.18	0.13	0.16	0.47	5.60	1.02
Diluted earnings per share - continuing operations (in dollars per share)	0.13	0.14	0.10	0.13	0.08	0.10	0.09	0.04	0.50	0.31	0.91
Diluted (loss) earnings per share - discontinued operations (in dollars per share)	(0.01)	(0.02)			4.99	0.08	0.04	0.12	(0.03)	5.26	0.11
Diluted earnings per share (in dollars per share)	$ 0.12	$ 0.12	$ 0.10	$ 0.13	$ 5.07	$ 0.18	$ 0.13	$ 0.16	$ 0.47	$ 5.57	$ 1.02

Note 8 - Restructuring Charges

Note 8 - Restructuring Charges (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Restructuring Charges, Total			$ 146
Facility Closing [Member] | Closure of Park Advanced Composite Materials, Inc. Business Unit [Member]
Restructuring Charges, Total	$ 0	$ 0	$ 146

Note 9 - Employee Benefit Pla_2

Note 9 - Employee Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018
Deferred Profit Sharing [Member]
Deferred Compensation Arrangement with Individual, Contributions by Employer	$ 160	$ 73

Note 10 - Long-Term Debt (Detai

Note 10 - Long-Term Debt (Details Textual) - USD ($) $ in Thousands	Jan. 15, 2016	Feb. 25, 2018	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Amortization of Debt Issuance Costs		$ 144
Interest Expense, Total			$ 0	$ 0	$ 2,269
HSBC Bank USA [Member] | Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 2,000
HSBC Bank USA [Member] | Revolving Credit Facility [Member]
Debt Instrument, Term (Year)	3 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 75,000

Note 11 - Leases and Commitme_3

Note 11 - Leases and Commitments (Details Textual) $ in Thousands	12 Months Ended			15 Months Ended
	Mar. 01, 2020USD ($)	Mar. 03, 2019USD ($)	Feb. 25, 2018USD ($)	Mar. 01, 2020USD ($)	Dec. 31, 2018ft²
Operating Lease, Expense	$ 318
Operating Lease, Payments	$ 309
Operating Lease, Weighted Average Remaining Lease Term (Year)	5 years 317 days			5 years 317 days
Operating Lease, Expense, Including Real Estate Taxes and Other Costs	$ 368	$ 346	$ 432
Additional Manufacturing Facility [Member]
Area of Land (Square Foot) | ft²					90,000
Construction in Progress Expenditures Incurred but Not yet Paid				$ 21,000
Purchase Obligation, Total	997			997
Construction in Progress Expenditures Incurred but Not yet Paid	7,647
Accrued Liabilities, Current [Member]
Lessee, Operating Lease, Liability, to be Paid, Year One	$ 334			$ 334
Minimum [Member]
Lessee, Operating Lease, Renewal Term (Year)	1 year			1 year
Maximum [Member]
Lessee, Operating Lease, Renewal Term (Year)	10 years			10 years

Note 11 - Leases and Commitme_4

Note 11 - Leases and Commitments - Future Minimum Lease Payments (Details) $ in Thousands	Mar. 01, 2020USD ($)
Present value of operating lease payments	$ 420
Leases with Renewal Options [Member]
2021	152
2022	90
2023	61
2024	61
2025
Thereafter	161
Total undiscounted operating lease payments	525
Less imputed interest	(105)
Present value of operating lease payments	420
Leases without Renewal Options [Member]
2021	152
2022	90
2023	61
2024	61
2025
Thereafter
Operating Leases, Future Minimum Payments Due, Total	$ 364

Note 11 - Leases - Schedule of

Note 11 - Leases - Schedule of Right-of-use Assets and Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Operating right-of-use assets	$ 420
Operating lease liabilities	152
Long-term operating lease liabilities	268
Total operating lease liabilities	$ 420

Note 12 - Contingencies (Detail

Note 12 - Contingencies (Details Textual) $ in Thousands	12 Months Ended
	Mar. 01, 2020USD ($)
Percentage of Legal Defense and Remediation Costs Associated with Sites Reimbursed by Insurance Carriers	100.00%
Number of Units Covered Under General Liability Insurance Coverage	2
Accrual for Environmental Loss Contingencies, Ending Balance	$ 0
Number of Insurance Carriers	3

Note 13 - Discontinued Operat_3

Note 13 - Discontinued Operations (Details Textual) - USD ($) $ in Thousands	Dec. 04, 2018	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Restructuring Charges, Total				$ 146
Restructuring Reserve, Ending Balance		432
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member]
Restructuring Charges, Total		108	262	$ 4,876
Restructuring Reserve, Ending Balance		432	1,324
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Facility Closing [Member]
Restructuring Charges, Total		$ 833	$ 374
Electronics Business [Member] | Discontinued Operations, Disposed of by Sale [Member]
Disposal Group, Including Discontinued Operation, Consideration	$ 145,000
Proceeds from Divestiture of Businesses	124,156
Disposal Group, Including Discontinued Operation, Transaction Costs and Taxes	7,657
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation	13,187
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax, Total	$ 102,145
Disposal Group, Including Discontinued Operation, Blended Tax Rate, Percent		26.40%	12.00%	(158.90%)
Electronics Business [Member] | Discontinued Operations, Disposed of by Sale [Member] | SINGAPORE
Disposal Group, Including Discontinued Operation, Consideration Allocation, Percent	82.00%
Electronics Business [Member] | Discontinued Operations, Disposed of by Sale [Member] | UNITED STATES
Disposal Group, Including Discontinued Operation, Consideration Allocation, Percent	16.00%
Electronics Business [Member] | Discontinued Operations, Disposed of by Sale [Member] | FRANCE
Disposal Group, Including Discontinued Operation, Consideration Allocation, Percent	2.00%

Note 13 - Discontinued Operat_4

Note 13 - Discontinued Operations - Summary of Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 01, 2020	Dec. 01, 2019	Sep. 01, 2019	Jun. 02, 2019	Mar. 03, 2019	Nov. 25, 2018	Aug. 26, 2018	May 27, 2018	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Net sales										$ 57,492	$ 70,966
Cost of sales										44,361	55,794
Gross profit										13,131	15,172
Selling, general and administrative expenses									234	8,826	9,510
Restructuring charges									941	636	4,876
(Loss) earnings from discontinued operations									(1,175)	3,669	786
Other income									288	118,253	34
(Loss) earnings before income taxes									(887)	121,922	820
Income tax (benefit) provision									(236)	14,683	(1,303)
Net (loss) earnings from discontinued operations	$ (249)	$ (360)	$ 83	$ (127)	$ 102,398	$ 1,613	$ 876	$ 2,352	$ (653)	$ 107,239	$ 2,123

Note 13 - Discontinued Operat_5

Note 13 - Discontinued Operations - Restructuring Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Current Period Charges			$ 146
Accrued, Ending Balance	432
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member]
Accrued, Beginning Balance	1,324
Current Period Charges	108	262	$ 4,876
Cash Payments	(1,725)
Non-Cash Charges
Accrued, Ending Balance	432	1,324
Total Costs Accrued to Date	5,523
Total Expected Costs	5,617
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Facility Lease Costs [Member]
Accrued, Beginning Balance	1,324
Current Period Charges	99
Cash Payments	(991)
Non-Cash Charges
Accrued, Ending Balance	432	1,324
Total Costs Accrued to Date	2,929
Total Expected Costs	3,000
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Employee Severance [Member]
Accrued, Beginning Balance
Current Period Charges
Cash Payments
Non-Cash Charges
Accrued, Ending Balance
Total Costs Accrued to Date	1,081
Total Expected Costs	1,081
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Equipment Removal [Member]
Accrued, Beginning Balance
Current Period Charges	586
Cash Payments	(586)
Non-Cash Charges
Accrued, Ending Balance
Total Costs Accrued to Date	586
Total Expected Costs	586
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Other Restructuring [Member]
Accrued, Beginning Balance
Current Period Charges	148
Cash Payments	(148)
Non-Cash Charges
Accrued, Ending Balance
Total Costs Accrued to Date	927
Total Expected Costs	$ 950

Note 14 - Geographic Regions -

Note 14 - Geographic Regions - Financial Information by Geographic Region (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Net sales	$ 60,014	$ 51,116	$ 40,230
Long-lived assets	26,592	20,918	19,993
North America [Member]
Net sales	56,264	47,505	38,641
Long-lived assets	24,942	19,372	18,313
Asia [Member]
Net sales	1,378	1,070	563
Long-lived assets	1,650	1,546	1,680
Europe [Member]
Net sales	2,372	2,541	1,026
Long-lived assets

Note 15 - Customer and Suppli_2

Note 15 - Customer and Supplier Concentrations (Details Textual) - Customer Concentration Risk [Member] - Revenue Benchmark [Member]	12 Months Ended
	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
General Electric [Member]
Concentration Risk, Percentage	48.20%	42.80%	30.50%
Aerospace [Member]
Concentration Risk, Percentage			10.60%

Note 16 - Accounting Pronounc_2

Note 16 - Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	Mar. 01, 2020	Mar. 03, 2019
Assets, Total	$ 171,786	$ 188,851
Liabilities, Total	30,111	$ 29,840
Accounting Standards Update 2016-02 [Member]
Assets, Total	551
Liabilities, Total	$ 551

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Unaudited) - Quarterly Data (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 01, 2020	Dec. 01, 2019	Sep. 01, 2019	Jun. 02, 2019	Mar. 03, 2019	Nov. 25, 2018	Aug. 26, 2018	May 27, 2018	Mar. 01, 2020	Mar. 03, 2019	Feb. 25, 2018
Net sales	$ 15,494	$ 15,847	$ 13,723	$ 14,950	$ 16,659	$ 12,853	$ 11,211	$ 10,393
Gross profit	5,034	5,022	3,813	4,804	5,903	4,284	3,145	2,852	$ 18,673	$ 16,184	$ 11,288
Net earnings from continuing operations	2,633	2,806	2,052	2,714	1,588	2,078	1,824	816	10,205	6,306	18,472
Net (loss) earnings from discontinued operations	(249)	(360)	83	(127)	102,398	1,613	876	2,352	(653)	107,239	2,123
Net earnings	$ 2,384	$ 2,446	$ 2,135	$ 2,587	$ 103,986	$ 3,691	$ 2,700	$ 3,168	$ 9,552	$ 113,545	$ 20,595
Basic net earnings per share from continuing operations (in dollars per share)	$ 0.13	$ 0.14	$ 0.10	$ 0.13	$ 0.08	$ 0.10	$ 0.09	$ 0.04	$ 0.50	$ 0.31	$ 0.91
Basic net earnings (loss) per share from discontinued operations (in dollars per share)	(0.01)	(0.02)			5.02	0.08	0.04	0.12	(0.03)	5.29	0.11
Basic earnings per share (in dollars per share)	0.12	0.12	0.10	0.13	5.10	0.18	0.13	0.16	0.47	5.60	1.02
Diluted net earnings per share from continuing operations (in dollars per share)	0.13	0.14	0.10	0.13	0.08	0.10	0.09	0.04	0.50	0.31	0.91
Diluted net earnings (loss) per share from discontinued operations (in dollars per share)	(0.01)	(0.02)			4.99	0.08	0.04	0.12	(0.03)	5.26	0.11
Diluted earnings per share (in dollars per share)	$ 0.12	$ 0.12	$ 0.10	$ 0.13	$ 5.07	$ 0.18	$ 0.13	$ 0.16	$ 0.47	$ 5.57	$ 1.02
Basic (in shares)	20,519	20,518	20,499	20,492	20,370	20,278	20,253	20,242	20,507	20,288	20,237
Diluted (in shares)	20,578	20,617	20,601	20,586	20,501	20,352	20,382	20,296	20,595	20,385	20,267

Schedule II - Valuation and Q_3

Schedule II - Valuation and Qualifying Accounts - Valuation and Qualifying Accounts (Details) - USD ($)	12 Months Ended
	Mar. 01, 2020		Mar. 03, 2019	Feb. 25, 2018
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]
Balance	$ 2,755,000		$ 2,981,000	$ 2,982,000
Costs and expenses	420,000
Other
Reductions			(226,000)	(1,000)
Balance	3,175,000		2,755,000	2,981,000
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
Balance	32,000		32,000	32,000
Costs and expenses	41,000
Balance	73,000		32,000	32,000
Accounts written off		[1]			[1]
Translation adjustment
[1]	Uncollectible amounts, net of recoveries