Goodwill and Intangible Assets (Tables)

12 Months Ended

Feb. 29, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in goodwill by segment for fiscal year 2020 and 2019 were as follows (in thousands):

2020
Segment	Opening Balance		Acquisitions		Divestiture			Other		Currency Translation Adjustment			Closing Balance
Metal Coatings	$	116,691	$	39,419	$	—		$	1,413	$	(475	)	$	157,048
Energy	207,065		—		(7,888		)			—			199,177
Total	$	323,756	$	39,419	$	(7,888	)	$	1,413	$	(475	)	$	356,225

2019
Segment	Opening Balance		Acquisitions		Currency Translation Adjustment			Closing Balance
Metal Coatings	$	117,232	$	73	$	(614	)	$	116,691
Energy	204,075		2,990		—			207,065
Total	$	321,307	$	3,063	$	(614	)	$	323,756

Schedule of Finite-Lived Intangible Assets by Major Class

Amortizable intangible assets consisted of the following as of February 29, 2020 and February 28, 2019 (in thousands):

	2020			2019
Customer related intangibles	$	177,090		$	191,460
Non-compete agreements	8,659			8,546
Trademarks	1,469			4,569
Technology	2,554			7,400
Engineering drawings	—			24,600
Backlog	—			7,600
Gross intangible assets	189,772			244,175
Less accumulated amortization	(91,298		)	(122,199		)
Total, net	$	98,474		$	121,976

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

he estimated amortization expense for the next five fiscal years and beyond (in thousands):

2021	$	12,497
2022	12,462
2023	12,086
2024	10,151
2025	9,307
Thereafter	41,971
Total	$	98,474