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v3.23.1

Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands | Feb. 28, 2023 | May 13, 2022 | Feb. 28, 2022 | Jan. 03, 2022
--- | --- | --- | --- | ---
Assets |  |  |  |
Goodwill | $ 702,512 |  | $ 190,391 |
Total fair value of assets acquired |  |  |  | $ 28,591
Precoat Metals Business Division |  |  |  |
Assets |  |  |  |
Accounts receivable |  | $ 77,422 |  |
Inventories |  | 43,369 |  |
Contract assets |  | 70,731 |  |
Prepaid expenses and other |  | 2,247 |  |
Property, plant and equipment |  | 305,503 |  |
Right-of-use asset |  | 13,753 |  |
Goodwill |  | 524,816 |  |
Deferred tax asset - LT | 8,660 |  |  |
Intangibles |  | 446,546 |  |
Total fair value of assets acquired |  | 1,493,047 |  |
Liabilities |  |  |  |
Accounts payable and other accrued liabilities |  | (99,223) |  |
Accrued expenses |  | (31,201) |  |
Other accrued liabilities |  | (5,330) |  |
Lease liability, short-term |  | (2,440) |  |
Lease liability, long-term |  | (11,313) |  |
Other long-term liabilities |  | (60,091) |  |
Total fair value of liabilities assumed |  | (209,598) |  |
Total purchase price, net of cash acquired |  | $ 1,283,449 |  |
DAAM Galvanizing Co. Ltd. |  |  |  |
Assets |  |  |  |
Accounts receivable | 3,253 |  |  |
Inventories | 2,451 |  |  |
Property, plant and equipment | 11,462 |  |  |
Goodwill | 13,691 |  |  |
Intangibles |  |  | 9,975 |
Total fair value of assets acquired |  |  | $ 40,832 |
Liabilities |  |  |  |
Accounts payable and other accrued liabilities | (3,910) |  |  |
Deferred tax liabilities | (1,422) |  |  |
Total fair value of liabilities assumed | (5,332) |  |  |
Total purchase price, net of cash acquired | $ 35,500 |  |  |
Steel Creek Galvanizing Company, LLC |  |  |  |
Assets |  |  |  |
Accounts receivable |  |  |  | 575
Inventories |  |  |  | 3,593
Property, plant and equipment |  |  |  | 15,796
Goodwill |  |  |  | 7,755
Intangibles |  |  |  | 872
Liabilities |  |  |  |
Accounts payable and other accrued liabilities |  |  |  | (765)
Total fair value of liabilities assumed |  |  |  | (3,591)
Total purchase price, net of cash acquired |  |  |  | $ 25,000

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