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Business Segment Data | 3 Months Ended
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May 30, 2026
Segment Reporting [Abstract] |
Business Segment Data | Business Segment Data We have four operating segments which are also reportable segments. Each of our four segments has distinct economic characteristics, including products and services provided, production processes and varying ranges in performance and results: •The Architectural Metals Segment designs, engineers, fabricates and finishes aluminum window, curtainwall, storefront and entrance systems used primarily in non-residential construction. •The Architectural Services Segment integrates technical services, project management, and field installation services to design, engineer, fabricate, and install architectural curtainwall and other façade-related systems primarily in non-residential construction. •The Architectural Glass Segment cuts, treats, coats and fabricates high-performance glass used in custom window and wall systems primarily for non-residential buildings. •The Performance Surfaces Segment develops and manufactures high-performance coated materials for a variety of applications, including wall decor, museums, graphic design, digital displays, architectural interiors, and industrial flooring. The Company’s CEO is the chief operating decision maker (CODM). The CODM utilizes segment net sales and adjusted EBITDA to assess segment performance and make decisions about the allocation of operating and capital resources by analyzing recent results, trends, and variances of each segment in relation to forecasts and historical performance. Net sales, adjusted cost of sales, adjusted SG&A, adjusted other expense, net, adjusted depreciation and amortization and the resulting adjusted EBITDA for each of the Company’s four reportable segments are presented below. Segment net sales is defined as net sales of the segment including sales related to intersegment transactions. We present intersegment net sales eliminations separately to exclude these sales from our consolidated total. Segment adjusted EBITDA includes intersegment sales transactions and excludes certain corporate costs that are not allocated at a segment level. We report these unallocated corporate costs in Corporate and Other.
|  | Three Months Ended May 30, 2026
(In thousands) |  | Architectural Metals |  | Architectural Services |  | Architectural Glass |  | Performance Surfaces |  |  |  | Total
Net sales to external customers |  | $ | 122,434 |  |  | $ | 115,237 |  |  | $ | 60,689 |  |  | $ | 44,324 |  |  |  |  | $ | 342,684 |
Intersegment net sales |  | 9 |  |  | — |  |  | 7,023 |  |  | — |  |  |  |  | 7,032 |
Total segment net sales |  | 122,443 |  |  | 115,237 |  |  | 67,712 |  |  | 44,324 |  |  |  |  | 349,716 |
Adjusted cost of sales (1) |  | (90,054) |  |  | (98,910) |  |  | (54,878) |  |  | (31,913) |  |  |  |  | (275,755) |
Adjusted SG&A (2) |  | (22,244) |  |  | (10,988) |  |  | (10,383) |  |  | (9,784) |  |  |  |  | (53,399) |
Adjusted other expense, net |  | — |  |  | — |  |  | (56) |  |  | — |  |  |  |  | (56) |
Adjusted depreciation and amortization |  | 3,554 |  |  | 798 |  |  | 3,499 |  |  | 3,950 |  |  |  |  | 11,801 |
Adjusted EBITDA |  | $ | 13,699 |  |  | $ | 6,137 |  |  | $ | 5,894 |  |  | $ | 6,577 |  |  |  |  | $ | 32,307 |
|  | Three Months Ended May 31, 2025
(In thousands) |  | Architectural Metals |  | Architectural Services |  | Architectural Glass |  | Performance Surfaces |  |  |  | Total
Net sales to external customers |  | $ | 128,596 |  |  | $ | 106,505 |  |  | $ | 69,271 |  |  | $ | 42,250 |  |  |  |  | $ | 346,622 |
Intersegment net sales |  | 28 |  |  | — |  |  | 4,002 |  |  | — |  |  |  |  | 4,030 |
Total segment net sales |  | 128,624 |  |  | 106,505 |  |  | 73,273 |  |  | 42,250 |  |  |  |  | 350,652 |
Adjusted cost of sales (1) |  | (97,603) |  |  | (90,664) |  |  | (51,759) |  |  | (28,217) |  |  |  |  | (268,243) |
Adjusted SG&A (2) |  | (25,468) |  |  | (10,847) |  |  | (11,309) |  |  | (9,624) |  |  |  |  | (57,248) |
Adjusted other expense, net |  | — |  |  | — |  |  | (58) |  |  | — |  |  |  |  | (58) |
Adjusted depreciation and amortization |  | 3,813 |  |  | 1,073 |  |  | 3,270 |  |  | 3,550 |  |  |  |  | 11,706 |
Adjusted EBITDA |  | $ | 9,366 |  |  | $ | 6,067 |  |  | $ | 13,417 |  |  | $ | 7,959 |  |  |  |  | $ | 36,809 |
(1) | Adjusted cost of sales excludes $6.9 million related to acquisition and restructuring expense for the three months ended May 31, 2025.
(2) | Adjusted SG&A expense excludes $5.8 million related to acquisition and restructuring expense for the three months ended May 31, 2025.
The following table presents the reconciliation of adjusted EBITDA to net earnings, the nearest measurement under U.S. GAAP:
|  | Three Months Ended |  |  |  |
(In thousands) |  | May 30, 2026 |  | May 31, 2025 |  |  |  |  |  |
Segment adjusted EBITDA |  | $ | 32,307 |  |  | $ | 36,809 |  |  |  |  |  |  |
Corporate and Other expenses (1) |  | (962) |  |  | (5,129) |  |  |  |  |  |  |
Segment acquisition-related costs (2) |  | — |  |  | (277) |  |  |  |  |  |  |
Segment restructuring costs (3) |  | — |  |  | (12,718) |  |  |  |  |  |  |
Depreciation and amortization |  | (12,579) |  |  | (12,436) |  |  |  |  |  |  |
Interest expense, net |  | (2,834) |  |  | (3,846) |  |  |  |  |  |  |
Income tax expense |  | (4,397) |  |  | (5,091) |  |  |  |  |  |  |
Net earnings (loss) |  | $ | 11,535 |  |  | $ | (2,688) |  |  |  |  |  |  |
(1) | Includes $0.8 million in acquisition related costs incurred at Corporate for the pending Keller Companies, Inc. acquisition in the three months ended May 30, 2026. Includes $2.6 million of restructuring costs in the three months ended May 31, 2025.
(2) | Acquisition-related costs incurred to integrate the UW Solutions acquisition.
(3) | Segment restructuring charges related to Project Fortify Phase 2.

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