Business Segment Data

12 Months Ended

Feb. 28, 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 have 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 income (expense), 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.

(In thousands)	Architectural Metals		Architectural Services		Architectural Glass		Performance Surfaces		Total
52-Weeks Ended February 28, 2026
Net sales to external customers	$	503,750	$	439,232	$	263,785	$	197,966	$	1,404,733
Intersegment net sales	278		—		19,874		—		20,152
Total segment net sales	504,028		439,232		283,659		197,966		1,424,885
Adjusted cost of sales (1)	(371,416)		(370,329)		(208,876)		(134,066)		(1,084,687)
Adjusted SG&A (2)	(93,316)		(41,640)		(42,435)		(37,410)		(214,801)
Adjusted other expense, net (3)	—		—		(91)		—		(91)
Adjusted depreciation and amortization	14,813		3,593		13,442		15,153		47,001
Adjusted EBITDA	$	54,109	$	30,856	$	45,699	$	41,643	$	172,307
52-Weeks Ended March 1, 2025
Net sales to external customers	$	524,617	$	419,861	$	294,385	$	122,131	$	1,360,994
Intersegment net sales	92		—		27,812		—		27,904
Total segment net sales	524,709		419,861		322,197		122,131		1,388,898
Adjusted cost of sales (1)	(373,902)		(344,702)		(220,636)		(76,487)		(1,015,727)
Adjusted SG&A (2)	(96,687)		(45,604)		(42,287)		(21,504)		(206,082)
Adjusted other income, net (3)	—		—		115		—		115
Adjusted depreciation and amortization	16,471		3,978		12,274		6,746		39,469
Adjusted EBITDA	$	70,591	$	33,533	$	71,663	$	30,886	$	206,673
53-Weeks Ended March 2, 2024
Net sales to external customers	$	598,249	$	377,442	$	342,028	$	99,223	$	1,416,942
Intersegment net sales	3,487		980		36,421		—		40,888
Total segment net sales	601,736		378,422		378,449		99,223		1,457,830
Adjusted cost of sales (1)	(425,424)		(323,761)		(267,469)		(60,636)		(1,077,290)
Adjusted SG&A (2)	(105,509)		(40,295)		(42,934)		(14,354)		(203,092)
Adjusted other income (expense), net (3)	—		—		(2,263)		—		(2,263)
Adjusted depreciation and amortization	19,226		4,010		11,955		3,040		38,231
Adjusted EBITDA	$	90,029	$	18,376	$	77,738	$	27,273	$	213,416

(1)	Adjusted cost of sales excludes $15.0 million of adjustments related to acquisition and restructuring expense for the year ended February 28, 2026, $4.2 million of adjustments related to acquisition and restructuring expense for the year ended March 1, 2025, and $5.5 million of adjustments related to restructuring expense for the year ended March 2, 2024. See the reconciliation presented below for further detail.
(2)	Adjusted SG&A expenses excludes $8.8 million of adjustments related to acquisition and restructuring for the year ended February 28, 2026, $3.8 million of adjustments related to acquisition, restructuring and impairment expense for the year ended March 1, 2025, and $3.0 million of adjustments related to restructuring expense for the year ended March 2, 2024. See the reconciliation presented below for further detail.
(3)	Adjusted Other (income) expense, net excludes $6.7 million and $4.7 million of NMTC benefit recorded for the years ended February 28, 2026, and March 2, 2024, respectively.

The following table presents the reconciliation of adjusted EBITDA to net earnings, the nearest measurement under U.S. GAAP:

(In thousands)	February 28, 2026		March 1, 2025		March 2, 2024
Segment adjusted EBITDA	$	172,307	$	206,674	$	213,416
Corporate and Other expenses	(13,827)		(27,635)		(32,097)
Segment acquisition-related costs (1)	(1,831)		(4,529)		—
Segment restructuring costs (2)	(21,959)		(3,535)		(8,496)
Impairment	—		(7,634)		—
Depreciation and amortization	(49,998)		(44,608)		(41,588)
Other income, net (3)	6,740		—		4,687
Interest expense, net	(13,976)		(6,159)		(6,669)
Income tax expense	(23,325)		(27,522)		(29,640)
Net earnings	$	54,131	$	85,052	$	99,613

(1)	Acquisition-related costs include one-time expenses incurred to integrate the UW Solutions acquisition.
(2)	Segment restructuring costs related to Project Fortify. Included in the years ended February 28, 2026, and March 2, 2024 are non-cash amounts related to impairment of intangible assets. See Note 1 for additional information.
(3)	Other income, net includes $6.7 million and $4.7 million of NMTC benefit recorded for the years ended February 28, 2026, and March 2, 2024, respectively.

The following table presents the capital expenditures, depreciation and amortization and identifiable assets by reportable segments and the reconciliation to amounts reported for GAAP:

(In thousands)	Architectural Metals		Architectural Services		Architectural Glass		Performance Surfaces		Corporate and Other		Total
Fiscal 2026
Capital expenditures	$	6,710	$	2,594	$	7,016	$	7,960	$	3,028	$	27,308
Depreciation and amortization	14,813		3,593		13,442		15,153		2,997		49,998
Identifiable assets	325,562		178,938		202,087		337,076		78,682		1,122,345
Fiscal 2025
Capital expenditures	$	3,333	$	7,522	$	13,782	$	9,479	$	1,477	$	35,593
Depreciation and amortization	16,471		3,978		12,274		9,085		2,800		44,608
Identifiable assets	343,553		179,311		213,067		345,034		94,304		1,175,269
Fiscal 2024
Capital expenditures	$	4,733	$	3,166	$	12,142	$	16,896	$	6,243	$	43,180
Depreciation and amortization	19,226		4,011		11,955		3,040		3,356		41,588
Identifiable assets	363,512		131,651		208,651		83,731		96,519		884,064

The following tables present net sales, based on the location in which the sale originated, and long-lived assets, representing property, plant and equipment, net of related depreciation, by geographic region.

(In thousands)	February 28, 2026		March 1, 2025		March 2, 2024
Net Sales
United States	$	1,337,409	$	1,258,887	$	1,295,436
Canada	51,301		85,417		101,055
Brazil	16,023		16,690		20,451
Total	$	1,404,733	$	1,360,994	$	1,416,942

(In thousands)	February 28, 2026		March 1, 2025		March 2, 2024
Long-Lived Assets
United States	$	252,659	$	261,457	$	235,398
Canada	748		4,984		6,345
Brazil	1,625		1,698		2,473
Total	$	255,032	$	268,139	$	244,216

Our export net sales from U.S. operations were $51.0 million, $54.1 million and $47.6 million in fiscal 2026, 2025 and 2024, respectively, representing approximately 4%, 4% and 3% of consolidated net sales in each of these fiscal years, respectively. 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.