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Segments (Tables) | 9 Months Ended
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Nov. 30, 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 November 30, |  | Nine Months Ended November 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Sales: |  |  |  |  |  |  |  |
AZZ Metal Coatings |  | $ | 158,274 |  |  | $ | 135,083 |  |  | $ | 487,567 |  |  | $ | 395,732 |
AZZ Precoat Metals |  | 215,027 |  |  | — |  |  | 499,578 |  |  | — |
Total sales |  | $ | 373,301 |  |  | $ | 135,083 |  |  | $ | 987,145 |  |  | $ | 395,732 |
Operating income: |  |  |  |  |  |  |  |
AZZ Metal Coatings |  | $ | 33,546 |  |  | $ | 33,111 |  |  | $ | 123,812 |  |  | $ | 97,072 |
AZZ Precoat Metals |  | 21,053 |  |  | — |  |  | 63,914 |  |  | — |
Corporate(1) |  | (9,206) |  |  | (11,821) |  |  | (50,283) |  |  | (34,395) |
Total operating income from continuing operations |  | $ | 45,393 |  |  | $ | 21,290 |  |  | $ | 137,443 |  |  | $ | 62,677 |
(1) Includes expenditures of $15.2 million for the nine months ended November 30, 2022, directly related to the Precoat Acquisition and the divestiture of the AZZ Infrastructure Solutions operating segment. There were no such expenditures for the three months ended November 30, 2022.
Reconciliation of Assets from Segment to Consolidated | Asset balances by operating segment for each period were as follows (in thousands):
|  | November 30, 2022 |  | February 28, 2022
Total assets: |  |  |  |
AZZ Metal Coatings |  | $ | 579,830 |  |  | $ | 578,885 |
AZZ Precoat Metals |  | 1,484,074 |  |  | — |
AZZ Infrastructure Solutions - Investment in Joint Venture |  | 82,420 |  |  | — |
Corporate |  | 53,150 |  |  | 46,266 |
Discontinued operations: |  |  |  |
AZZ Infrastructure Solutions |  | — |  |  | 507,876 |
Total |  | $ | 2,199,474 |  |  | $ | 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 November 30, |  | Nine Months Ended November 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Sales: |  |  |  |  |  |  |  |
United States |  | $ | 363,660 |  |  | $ | 127,462 |  |  | $ | 951,855 |  |  | $ | 370,910 |
International |  | 9,641 |  |  | 7,621 |  |  | 35,290 |  |  | 24,822 |
Total |  | $ | 373,301 |  |  | $ | 135,083 |  |  | $ | 987,145 |  |  | $ | 395,732 |
Long-lived Assets by Geographic Areas | The following table presents fixed assets by geographic region for each period (in thousands):
|  | November 30, 2022 |  | February 28, 2022
Property, plant and equipment, net: |  |  |  |
United States |  | $ | 471,279 |  |  | $ | 167,634 |
Canada |  | 20,088 |  |  | 25,724 |
Total |  | $ | 491,367 |  |  | $ | 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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