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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
May 31, 2023
May 31, 2022
Income Statement [Abstract]    
Sales $ 390,873 $ 207,134
Costs and Expenses    
Cost of sales 293,854 147,081
Gross margin 97,019 60,053
Selling, general and administrative 31,523 32,144
Operating income from continuing operations 65,496 27,909
Interest expense 28,706 7,472
Equity in (earnings) loss of unconsolidated subsidiaries (1,420) 0
Other (income) expense, net 38 (27)
Income from continuing operations before income taxes 38,172 20,464
Income tax expense 9,650 5,111
Net income from continuing operations 28,522 15,353
Income from discontinued operations, net of tax 0 8,724
Net income (loss) from discontinued operations 0 8,724
Net income (loss) 28,522 24,077
Dividends on preferred stock (3,600) 0
Net income (loss) available to common shareholders $ 24,922 $ 24,077
Basic earnings (loss) per share    
Earnings (loss) per common share from continuing operations (in dollars per share) $ 1.00 $ 0.62
Earnings (loss) per common share from discontinued operations (in dollars per share) 0 0.35
Basic earnings per common share (usd per share) 1.00 0.97
Diluted Earnings (Loss) Per Share [Abstract]    
Diluted earnings per common share (usd per share) 0.98 0.96
Earnings (loss) per common share from continuing operations (in dollars per share) 0.98 0.62
Earnings (loss) per common share from discontinued operations (in dollars per share) $ 0 $ 0.34
Weighted average shares outstanding    
Weighted average number common shares, basic (shares) 24,940,000 24,709,000
Weighted average number common shares, diluted (shares) 29,150,000 25,675,000
Cash dividends declared per common share (usd per share) $ 0.17 $ 0.17