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Inventories | 6 Months Ended
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Aug. 31, 2024
Inventory Disclosure [Abstract] |
Inventories | 2. Inventories The following table summarizes the components of inventory (in thousands):
|  | As of
|  | August 31, 2024 |  | February 29, 2024
Raw material |  | $ | 111,728 |  |  | $ | 111,674 |
Work in process |  | 552 |  |  | 898 |
Finished goods |  | 2,969 |  |  | 5,084 |
Total inventories |  | $ | 115,249 |  |  | $ | 117,656 |
Our inventory reserves were $3.5 million and $4.5 million as of August 31, 2024 and February 29, 2024, respectively. Inventory cost is determined principally using the first-in-first-out (FIFO) method for the AZZ Metal Coatings segment and the specific identification method for the Precoat Metals segment.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
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