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Investments in Unconsolidated Entity | 3 Months Ended
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May 31, 2026
Equity Method Investments and Joint Ventures [Abstract] |
Investments in Unconsolidated Entity | 8. Investments in Unconsolidated Entity AVAIL JV We account for our 40% interest in the AVAIL JV under the equity method of accounting and include our equity in earnings as part of the AZZ Infrastructure Solutions segment. We record our equity in earnings in the AVAIL JV on a one-month lag. As of May 31, 2026, our investment in the AVAIL JV was $19.0 million. For the three months ended May 31, 2026, we recorded $0.5 million of equity in earnings. The following tables summarize balance sheet and income statement information for the AVAIL JV (in thousands):
Summarized Balance Sheet |  |  |
| As of
| May 31, 2026(1) |  | February 28, 2026(1)
Current assets | $ | 166,713 |  |  | $ | 225,298 |
Long-term assets | 17,218 |  |  | 19,330 |
Total assets | $ | 183,931 |  |  | $ | 244,628 |
Current liabilities | $ | 45,504 |  |  | $ | 59,724 |
Long-term liabilities | 11,623 |  |  | 12,732 |
Total liabilities | 57,127 |  |  | 72,456 |
Total partners' capital | 126,804 |  |  | 172,172 |
Total liabilities and partners' capital | $ | 183,931 |  |  | $ | 244,628 |
Summarized Operating Data |  |  |  |  |  |  |
| Three Months Ended May 31, |  |
| 2026(1) |  | 2025(1) |  |  |  |
Sales | $ | 7,472 |  |  | $ | 168,240 |  |  |  |  |
Gross profit | $ | 2,639 |  |  | $ | 45,125 |  |  |  |  |
Income (loss) before income taxes | $ | 1,625 |  |  | $ | 17,474 |  |  |  |  |
Net income (loss) | $ | 1,457 |  |  | $ | 17,624 |  |  |  |  |

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 740 -SubTopic 323 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478156/740-323-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 323 -Publisher FASB -URI https://asc.fasb.org/323/tableOfContent + Details
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