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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Feb. 28, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Changes in goodwill by segment for fiscal years 2022 and 2021 were as follows (in thousands):
2022
Segment |  | Beginning Balance |  | Acquisitions |  | Divestiture |  | Other |  | Currency Translation Adjustment |  | Ending Balance
Metal Coatings |  | $ | 158,659 |  |  | $ | 32,389 |  |  | $ | — |  |  | $ | (477) |  |  | $ | (180) |  |  | $ | 190,391 |
Infrastructure Solutions |  | 195,222 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 195,222 |
Total |  | $ | 353,881 |  |  | $ | 32,389 |  |  | $ | — |  |  | $ | (477) |  |  | $ | (180) |  |  | $ | 385,613 |
2021
Segment |  | Beginning Balance |  | Acquisitions |  | Divestiture |  | Other |  | Currency Translation Adjustment |  | Ending Balance
Metal Coatings |  | $ | 157,048 |  |  | $ | 1,551 |  |  | $ | (1,132) |  |  | $ | — |  |  | $ | 1,192 |  |  | $ | 158,659 |
Infrastructure Solutions |  | 199,177 |  |  | — |  |  | (2,262) |  |  | (1,693) |  |  | — |  |  | 195,222 |
Total |  | $ | 356,225 |  |  | $ | 1,551 |  |  | $ | (3,394) |  |  | $ | (1,693) |  |  | $ | 1,192 |  |  | $ | 353,881 |
Schedule of Finite-Lived Intangible Assets by Major Class | Amortizable intangible assets consisted of the following as of February 28, 2022 and February 28, 2021 (in thousands):
|  | Weighted-Average Life (Years) |  | 2022 |  | 2021
Customer related intangibles |  | 15 |  | $ | 149,796 |  |  | $ | 145,782 |
Non-compete agreements |  | 12 |  | 7,903 |  |  | 8,803 |
Trademarks |  | 21.0 |  | 23,303 |  |  | 26,695 |
Technology |  | 25.0 |  | 2,554 |  |  | 2,554 |
Certifications |  | 8 |  | 408 |  |  | 399 |
Gross intangible assets |  |  |  | 183,964 |  |  | 184,233 |
Less accumulated amortization |  |  |  | (111,638) |  |  | (100,342) |
Total amortizable intangible assets, net |  |  |  | $ | 72,326 |  |  | $ | 83,891 |
Finite-lived Intangible Assets Amortization Expense | The following table outlines the classification of amortization expense in the statements of income for fiscal 2022, 2021, and 2020 (in thousands):
|  | 2022 |  | 2021 |  | 2020
Cost of sales |  | $ | 6,658 |  |  | $ | 6,838 |  |  | $ | 6,873 |
Selling, general and administrative |  | 5,646 |  |  | 5,562 |  |  | 10,251 |
Total amortization expense |  | $ | 12,304 |  |  | $ | 12,400 |  |  | $ | 17,124 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The following summarizes the estimated amortization expense for the next five fiscal years and beyond (in thousands):
2023 |  | $ | 11,741 |
2024 |  | 9,913 |
2025 |  | 9,104 |
2026 |  | 9,075 |
2027 |  | 8,808 |
Thereafter |  | 23,685 |
Total |  | $ | 72,326 |

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