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v3.22.1

Operating segments (Tables) | 12 Months Ended
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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 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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