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Segments
3 Months Ended
May. 31, 2015
Segment Reporting [Abstract]  
Segments
Segments
We have two operating segments, Energy and Galvanizing Services, as defined in our Annual Report on Form 10-K for the year ended February 28, 2015. Information regarding operations and assets by segment is as follows:
 
 
 
Three Months Ended May 31,
 
 
2015
 
2014
 
 
(Unaudited)
(In thousands)
Net Sales:
 
 
 
 
Energy
 
$
137,003

 
$
130,521

Galvanizing Services
 
91,885

 
85,605

Total net sales
 
228,888

 
216,126

 
 
 
 
 
Operating Income:
 
 
 
 
Energy
 
17,956

 
13,657

Galvanizing Services
 
22,094

 
22,010

Corporate
 
(7,165
)
 
(7,820
)
Total operating income
 
32,885

 
27,847

 
 
 
 
 
Interest expense
 
3,847

 
4,209

Net gain on sale of property, plant and equipment and insurance proceeds
 
(424
)
 
(27
)
Other (income) expense, net
 
307

 
(31
)
Income before income taxes
 
$
29,155

 
$
23,696

 
 
 
 
 
Total Assets:
 
 
 
 
Energy
 
$
556,308

 
$
559,341

Galvanizing Services
 
374,905

 
383,612

Corporate
 
59,947

 
40,586

 
 
$
991,160

 
$
983,539

 
    
Financial Information About Geographical Areas
Below is a breakdown of selected financial information by geographical area:

 
 
Three Months Ended May 31,
 
 
2015
 
2014
 
 
(Unaudited)
(In thousands)
Net Sales:
 
 
 
 
U.S.
 
$
182,270

 
$
176,439

International
 
46,618

 
39,687

          Total Net Sales
 
$
228,888

 
$
216,126


 
 
May 31, 2015
 
February 28, 2015
Property, Plant and Equipment, Net:
 


 


U.S.
 
173,562

 
173,712

Canada
 
19,931

 
20,289

Other Countries
 
2,337

 
2,582

          Total Property, Plant and Equipment, Net
 
$
195,830

 
$
196,583