Business Segment Data

9 Months Ended

Nov. 30, 2024

Segment Reporting [Abstract]

Business Segment Data

Business Segment Data

We have four reporting segments:

•The Architectural Framing Systems Segment designs, engineers, fabricates and finishes aluminum window, curtainwall, storefront and entrance systems for the exterior of buildings.

•The Architectural Glass Segment coats and fabricates high-performance glass used in custom window and wall systems on non-residential buildings.

•The Architectural Services Segment integrates technical services, project management, and field installation services to design, engineer, fabricate, and install building glass and curtainwall systems.

•The Large-Scale Optical (LSO) Segment manufactures high-performance coated substrate products for the custom framing, fine and graphic art, industrial flooring and engineered optics markets.

Segment net sales is defined as net sales for a certain segment and includes revenue related to intersegment transactions. We report net sales intersegment eliminations separately to exclude these sales from our consolidated total. Segment operating income is equal to net sales, less cost of goods sold, SG&A expenses, and any asset impairment charges associated with the segment. Segment operating income includes operating income related to 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. Operating income does not include other income or expense, interest expense or income tax expense.

	Three Months Ended				Nine Months Ended
(In thousands)	November 30, 2024		November 25, 2023		November 30, 2024		November 25, 2023
Segment net sales
Architectural Framing Systems	$	138,039	$	139,585	$	412,561	$	462,548
Architectural Glass	70,236		90,964		247,040		282,262
Architectural Services	104,921		94,662		301,966		272,144
Large-Scale Optical	33,196		26,009		74,232		72,110
Intersegment eliminations	(5,048)		(11,506)		(20,499)		(33,962)
Net sales	$	341,344	$	339,714	$	1,015,300	$	1,055,102
Segment operating income (loss)
Architectural Framing Systems	$	12,710	$	16,981	$	48,187	$	57,986
Architectural Glass	10,118		15,164		48,277		49,119
Architectural Services	9,730		5,288		21,483		8,211
Large-Scale Optical	4,842		7,100		13,481		17,288
Corporate and Other	(8,771)		(6,886)		(19,453)		(20,637)
Operating income	$	28,629	$	37,647	$	111,975	$	111,967

Due to the varying combinations and integration of individual window, storefront and curtainwall systems, it is impractical to report product revenues generated by class of product, beyond the segment revenues currently reported.