Operating segments (Tables)

12 Months Ended

Feb. 28, 2022

Segment Reporting [Abstract]

Operations and assets by segment

The following tables show information by reportable segment for fiscal years 2022, 2021 and 2020 (in thousands):

	2022		2021		2020
Sales:
Metal Coatings	$	519,000	$	457,791	$	498,989
Infrastructure Solutions	383,664		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.

	2022		2021		2020
Depreciation and amortization:
Metal Coatings	$	30,000	$	29,930	$	30,042
Infrastructure Solutions	13,037		12,978		18,414
Corporate	1,628		1,695		1,738
Total	$	44,665	$	44,603	$	50,194

	2022		2021		2020
Expenditures for acquisitions, net of cash, and property, plant and equipment:
Metal Coatings	$	82,737	$	29,305	$	81,340
Infrastructure Solutions	4,814		9,619		9,158
Corporate	2,073		2,574		2,725
Total	$	89,624	$	41,498	$	93,223

Reconciliation of Assets from Segment to Consolidated

Asset information by segment was as follows as of February 28, 2022 and February 28, 2021 (in thousands):

	2022		2021
Assets:
Metal Coatings	$	575,088	$	480,778
Infrastructure Solutions	525,086		492,771
Corporate	32,854		25,678
Total assets	$	1,133,028	$	999,227

Revenue from External Customers by Geographic Areas

Financial information about geographical areas for the periods presented was as follows for fiscal years 2022, 2021 and 2020 (in thousands):

	2022		2021		2020
Sales:
United States	$	789,047	$	711,696	$	850,656
International	113,617		127,221		211,161
Total	$	902,664	$	838,917	$	1,061,817

Long-lived Assets by Geographic Areas

	2022		2021
Property, plant and equipment, net:
United States	$	194,539	$	181,898
Canada	26,264		15,007
Other countries	10,045		10,184
Total	$	230,848	$	207,089