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v3.22.2.2

Segments (Tables) | 6 Months Ended
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Aug. 31, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Sales and operating income from continuing operations by segment for each period were as follows (in thousands):
|  | Three Months Ended August 31, |  | Six Months Ended August 31,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Sales: |  |  |  |  |  |  |  |
Metal Coatings |  | $ | 165,849 |  |  | $ | 131,434 |  |  | $ | 329,293 |  |  | $ | 260,650 |
Precoat Metals |  | 240,861 |  |  | — |  |  | 284,551 |  |  | — |
Total sales |  | $ | 406,710 |  |  | $ | 131,434 |  |  | $ | 613,844 |  |  | $ | 260,650 |
Operating income: |  |  |  |  |  |  |  |
Metal Coatings |  | $ | 44,996 |  |  | $ | 32,047 |  |  | $ | 90,266 |  |  | $ | 63,961 |
Precoat Metals |  | 36,213 |  |  | — |  |  | 42,861 |  |  | — |
Corporate(1) |  | (17,068) |  |  | (12,085) |  |  | (41,077) |  |  | (22,573) |
Total operating income from continuing operations |  | $ | 64,141 |  |  | $ | 19,962 |  |  | $ | 92,050 |  |  | $ | 41,388 |
(1) Includes expenditures of $2.7 million and $15.2 million for the three and six months ended August 31, 2022, related to the Precoat Acquisition and the divestiture of the AZZ Infrastructure Solutions segment.
Reconciliation of Assets from Segment to Consolidated | Asset balances by segment for each period were as follows (in thousands):
|  | August 31, 2022 |  | February 28, 2022
Total assets: |  |  |  |
Metal Coatings |  | $ | 594,116 |  |  | $ | 578,885 |
Precoat Metals |  | 1,528,250 |  |  | — |
Corporate |  | 60,805 |  |  | 46,266 |
Discontinued operations: |  |  |  |
Infrastructure Solutions |  | 401,576 |  |  | 507,876 |
Total |  | $ | 2,584,747 |  |  | $ | 1,133,027 |
Revenue from External Customers by Geographic Areas | The following table presents sales by geographic region for each period (in thousands):
|  | Three Months Ended August 31, |  | Six Months Ended August 31,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Sales: |  |  |  |  |  |  |  |
United States |  | $ | 393,835 |  |  | $ | 122,871 |  |  | $ | 588,195 |  |  | $ | 243,449 |
International |  | 12,875 |  |  | 8,563 |  |  | 25,649 |  |  | 17,201 |
Total |  | $ | 406,710 |  |  | $ | 131,434 |  |  | $ | 613,844 |  |  | $ | 260,650 |
Long-lived Assets by Geographic Areas | The following table presents fixed assets by geographic region for each period (in thousands):
|  | August 31, 2022 |  | February 28, 2022
Property, plant and equipment, net: |  |  |  |
United States |  | $ | 472,001 |  |  | $ | 167,634 |
Canada |  | 24,124 |  |  | 25,724 |
Total |  | $ | 496,125 |  |  | $ | 193,358 |

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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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