Segments

3 Months Ended

May 31, 2013

Segment Reporting [Abstract]

Segments

Segments.

We have two operating segments as defined in our Annual Report on Form 10-K for the year ended February 28, 2013. Information regarding operations and assets by segment is as follows:

	Three Months Ended May 31,
	2013		2012
	(Unaudited) (In thousands)
Net Sales:
Electrical and Industrial Products and Services	$	96,466	$	44,682
Galvanizing Services	86,709		82,461
	183,175		127,143
Operating Income (a):
Electrical and Industrial Products and Services	13,048		6,838
Galvanizing Services	25,699		22,633
	38,747		29,471
General Corporate Expense (b)	10,471		6,774
Interest Expense	4,478		3,340
Other (Income) Expense, Net (c)	396		(5,733		)
	15,345		4,381
Income Before Income Taxes	$	23,402	$	25,090
Total Assets:
Electrical and Industrial Products and Services	$	556,702	$	143,205
Galvanizing Services	378,102		313,813
Corporate	47,392		150,229
	$	982,196	$	607,247

(a) Segment operating income consists of net sales, less cost of sales, specifically identifiable selling, general and administrative expenses, and other income and expense items that are specifically identifiable to a segment.

(b) General Corporate Expense consists of selling, general and administrative expenses that are not specifically identifiable to a segment.

(c) Other (income) expense, net includes gains or losses on sale of property, plant and equipment and other (income) expenses not specifically identifiable to a segment.