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Operating Segments
 12 Months Ended
Feb. 28, 2022
Segment Reporting [Abstract]  
Operating Segments Operating Segments
Segment Information
The Company’s Chief Executive Officer, who is the chief operating decision maker (“CODM”), reviews financial information presented on an operating segment basis for purposes of making operating decisions and assessing financial performance. Sales and operating income (loss) are the primary measures used by the CODM to evaluate segment operating performance and to allocate resources to segments. Expenses related to certain centralized administration or executive functions that are not specifically related to an operating segment are included in Corporate.
A summary of each of the Company's reportable segments is as follows:
Metal Coatings — provides hot-dip galvanizing, spin galvanizing, powder coating, anodizing and plating, and other metal coating applications to the steel fabrication and other industries through facilities located throughout the United States and Canada. Hot-dip galvanizing is a metallurgical process in which molten zinc reacts to steel. The zinc alloying provides corrosion protection and extends the life-cycle of fabricated steel for several decades.
Infrastructure Solutions — provides specialized products and services designed to support primarily industrial and electrical applications. The product offerings include custom switchgear, electrical enclosures, medium and high voltage bus ducts, explosion proof and hazardous duty lighting and tubular products. The Infrastructure Solutions segment also focuses on life-cycle extension for the power generation, refining and industrial infrastructure, through providing automated weld overlay solutions for corrosion and erosion mitigation.
The following tables show information by reportable segment for fiscal years 2022, 2021 and 2020 (in thousands):
202220212020
Sales:
Metal Coatings$519,000 $457,791 $498,989 
Infrastructure Solutions383,664 381,126 562,828 
Total sales$902,664 $838,917 $1,061,817 
Operating income (loss):
Metal Coatings$127,335 $95,946 $107,926 
Infrastructure Solutions(1)
35,543 6,487 32,845 
Corporate(49,538)(40,819)(42,796)
Loss on disposal of business— — (18,632)
Total operating income$113,340 $61,614 $79,343 
(1) Operating income for the Infrastructure Solutions segment for fiscal 2020 includes impairment charges of $9.2 million, of
which $7.2 million are included in Selling, general and administrative expense, and $2.0 million are included in Cost of
sales. See Notes 1 and 3 for more information.

202220212020
Depreciation and amortization:
Metal Coatings$30,000 $29,930 $30,042 
Infrastructure Solutions13,037 12,978 18,414 
Corporate1,628 1,695 1,738 
Total$44,665 $44,603 $50,194 
202220212020
Expenditures for acquisitions, net of cash, and property, plant and equipment:
Metal Coatings$82,737 $29,305 $81,340 
Infrastructure Solutions4,814 9,619 9,158 
Corporate2,073 2,574 2,725 
Total$89,624 $41,498 $93,223 
Asset information by segment was as follows as of February 28, 2022 and February 28, 2021 (in thousands):
20222021
Assets:
Metal Coatings$575,088 $480,778 
Infrastructure Solutions525,086 492,771 
Corporate32,854 25,678 
Total assets$1,133,028 $999,227 
Financial Information About Geographical Areas
Financial information about geographical areas for the periods presented was as follows for fiscal years 2022, 2021 and 2020 (in thousands):
202220212020
Sales:
United States$789,047 $711,696 $850,656 
International113,617 127,221 211,161 
Total$902,664 $838,917 $1,061,817 
 
20222021
Property, plant and equipment, net:
United States$194,539 $181,898 
Canada26,264 15,007 
Other countries10,045 10,184 
Total$230,848 $207,089