XML 94 R80.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Long-term Debt - Narrative (Details) |  | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Mar. 27, 2013 USD ($) | Feb. 28, 2017 USD ($) | Feb. 28, 2015 USD ($) | Feb. 28, 2013 USD ($) | Jan. 21, 2011 USD ($) | Mar. 31, 2008 USD ($)
Senior Notes [Member] | Unsecured Senior Notes Due March 2012 through March 2018 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Covenant, net worth minimum |  |  | $ 116,900,000 |  |  |
Covenant, minimum retention of future income |  |  | 50.00% |  |  |
Covenant, minimum fixed charge coverage ratio |  |  | 2.0 |  |  |
Debt instrument, face amount |  |  |  |  |  | $ 100,000,000
Debt instrument, stated percentage |  |  |  |  |  | 6.24%
Covenant, minimum ratio of indebtedness to EBIDTA |  |  | 3.25 |  |  |
Covenant, maximum percentage of priority indebtedness |  |  | 10.00% |  |  |
Senior Notes [Member] | Unsecured Senior Notes Due January 2021 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Covenant, net worth minimum |  | $ 116,900,000 |  |  |  |
Covenant, minimum retention of future income |  | 50.00% |  |  |  |
Covenant, minimum fixed charge coverage ratio |  | 2.0 |  |  |  |
Debt instrument, face amount |  |  |  |  | $ 125,000,000 |
Debt instrument, stated percentage |  |  |  |  | 5.42% |
Covenant, minimum ratio of indebtedness to EBIDTA |  | 3.25 |  |  |  |
Covenant, maximum percentage of priority indebtedness |  | 10.00% |  |  |  |
Revolving Credit Facility [Member] | Bank of America [Member] | Line of Credit [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Covenant, net worth minimum | $ 230,000,000 |  |  |  |  |
Covenant, minimum retention of future income | 50.00% |  |  |  |  |
Covenant, maximum leverage ratio | 3.25 |  |  |  |  |
Covenant, minimum fixed charge coverage ratio | 1.75 |  |  |  |  |
Covenant, maximum capital expenditures | $ 60,000,000 |  |  |  |  |
Capital expenditure covenant | 50,000,000 |  |  |  |  |
Amount outstanding on line of credit |  | $ 69,500,000 |  | $ 0 |  |
Letters of credit outstanding |  | 23,100,000 |  |  |  |
Remaining borrowing capacity on line of credit |  | $ 132,400,000 |  |  |  |
Revolving Credit Facility [Member] | Bank Of America And Other Lenders [Member] | Line of Credit [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity | $ 225,000,000 |  |  |  |  |
Revolving Credit Facility [Member] | Bank Of America And Other Lenders [Member] | Line of Credit [Member] | Maximum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Variable rate description | Eurodollar |  |  |  |  |
Revolving Credit Facility [Member] | Bank Of America And Other Lenders [Member] | Line of Credit [Member] | Eurodollar [Member] | Minimum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread |  | 1.00% |  |  |  |
Commitment fees | 0.20% |  |  |  |  |
Revolving Credit Facility [Member] | Bank Of America And Other Lenders [Member] | Line of Credit [Member] | Eurodollar [Member] | Maximum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread |  | 2.00% |  |  |  |
Commitment fees | 0.30% |  |  |  |  |
Line of Credit [Member] | Bank Of America And Other Lenders [Member] | Line of Credit [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity | $ 75,000,000 |  |  |  |  |
Accordion feature | $ 75,000,000 |  |  |  |  |

X
- Definition Debt Instrument, Covenant, Aggregate Amount Of Priority Indebtedness,Maximum + References No definition available. + Details
Name: | azz_DebtInstrumentCovenantAggregateAmountOfPriorityIndebtednessMaximum
Namespace Prefix: | azz_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Capital Expenditures, Maximum, During Fiscal Period One + References No definition available. + Details
Name: | azz_DebtInstrumentCovenantCapitalExpendituresMaximumDuringFiscalPeriodOne
Namespace Prefix: | azz_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Capital Expenditures, Maximum During Subsequent Fiscal Periods + References No definition available. + Details
Name: | azz_DebtInstrumentCovenantCapitalExpendituresMaximumDuringSubsequentFiscalPeriods
Namespace Prefix: | azz_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Fixed Charge Coverage Ratio, Minimum + References No definition available. + Details
Name: | azz_DebtInstrumentCovenantFixedChargeCoverageRatioMinimum
Namespace Prefix: | azz_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Levarage Ratio, Maximum + References No definition available. + Details
Name: | azz_DebtInstrumentCovenantLevarageRatioMaximum
Namespace Prefix: | azz_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Net Capital Assets, Minimum + References No definition available. + Details
Name: | azz_DebtInstrumentCovenantNetCapitalAssetsMinimum
Namespace Prefix: | azz_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Ratio Of Indebtedness To Earnings Before Interest, Tax, Depreiation, Amortization, Maximum + References No definition available. + Details
Name: | azz_DebtInstrumentCovenantRatioOfIndebtednessToEarningsBeforeInterestTaxDepreiationAmortizationMaximum
Namespace Prefix: | azz_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Retention Of Future Income, Percentage, Minimum + References No definition available. + Details
Name: | azz_DebtInstrumentCovenantRetentionOfFutureIncomePercentageMinimum
Namespace Prefix: | azz_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line Of Credit Facility, Additional Borrowing Capacity + References No definition available. + Details
Name: | azz_LineOfCreditFacilityAdditionalBorrowingCapacity
Namespace Prefix: | azz_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=azz_UnsecuredSeniorNotesDueMarch2012ThroughMarch2018Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=azz_UnsecuredSeniorNotesDueJanuary2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=azz_BankOfAmericaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=azz_BankOfAmericaAndOtherLendersMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_EurodollarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |