Restructuring

6 Months Ended

Aug. 29, 2026

Restructuring and Related Activities [Abstract]

Restructuring

Restructuring

Project Fortify, announced in the fourth quarter of fiscal 2024, was a restructuring program designed to streamline operations, improve cost efficiency, and enhance the Company’s operating model, primarily within the Architectural Metals Segment. The program was completed in the fourth quarter of fiscal 2025. A second phase of Project Fortify (Phase 2) was announced during the first quarter of fiscal 2026, and focused on driving additional cost efficiencies and further optimizing the Company’s operating footprint and resource alignment.

During the second quarter of fiscal 2026, we incurred $3.1 million of pre-tax costs associated with Phase 2, of which $3.0 million was included in cost of sales and $0.1 million was included within SG&A. During the first six months of fiscal 2026, we incurred $18.5 million of pre-tax costs associated with Phase 2, of which, $9.9 million was included in cost of sales and $8.6 million was included within SG&A. During the first six months of fiscal 2026, SG&A charges include a $5.0 million non-cash intangible asset impairment charge in the Architectural Services Segment and a $2.6 million non-cash asset write-off and other charges in Corporate and Other. The actions associated with Phase 2 were substantially completed in the fourth quarter of fiscal 2026, and therefore no further activity occurred during the first six months of fiscal 2027.

The table below reflects the pretax impact of Project Fortify Phase 2 for the quarter ended August 30, 2025.

(In thousands)	Architectural Metals		Architectural Services		Corporate and Other		Total
August 30, 2025
Termination benefits	$	—	$	476	$	—	$	476
Contract termination costs	201		1,659		—		1,860
Other restructuring charges	154		623		10		787
Total restructuring charges	$	355	$	2,758	$	10	$	3,123

The table below reflects the pretax impact of Project Fortify Phase 2 for the six months ended August 30, 2025.

(In thousands)	Architectural Metals		Architectural Services		Corporate and Other		Total
August 30, 2025
Termination benefits	$	805	$	6,424	$	—	$	7,229
Contract termination costs	802		1,932		—		2,734
Other restructuring charges	218		5,650		2,641		8,509
Total restructuring charges	$	1,825	$	14,006	$	2,641	$	18,472

The following table summarizes our restructuring related accrual balances included within accrued payroll and related benefits and other current liabilities in the Consolidated Balance Sheets. All remaining accrual balances are expected to be paid within fiscal 2027.

(In thousands)	Architectural Metals		Architectural Services		Corporate and Other		Total
Balance at February 28, 2026	$	3,581	$	2,311	$	1,082	$	6,974
Payments	(1,576)		(297)		(956)		(2,829)
Other adjustments	(182)		(67)		—		(249)
Balance at August 29, 2026	$	1,823	$	1,947	$	126	$	3,896