Segments

9 Months Ended

Nov. 30, 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 November 30,						Nine Months Ended November 30,
	2015			2014			2015			2014
	(Unaudited) (In thousands)
Net Sales:
Energy	$	136,007		$	130,052		$	383,787		$	361,133
Galvanizing Services	106,440			94,781			301,794			273,243
Total net sales	242,447			224,833			685,581			634,376
Operating Income (loss):
Energy	18,846			16,482			45,807			28,898
Galvanizing Services	24,264			23,156			71,689			68,225
Corporate	(6,702		)	(6,710		)	(21,784		)	(13,391		)
Total operating income	36,408			32,928			95,712			83,732
Interest expense	3,743			4,099			11,612			12,531
Net gain on sale of property, plant and equipment and insurance proceeds	(16		)	(1,171		)	(465		)	(1,195		)
Other (income) expense, net	(27		)	1,322			828			1,309
Income before income taxes	$	32,708		$	28,678		$	83,737		$	71,087
Total Assets:
Energy	$	539,193		$	549,968		$	539,193		$	549,968
Galvanizing Services	432,297			385,217			432,297			385,217
Corporate	19,462			46,154			19,462			46,154
	$	990,952		$	981,339		$	990,952		$	981,339

Financial Information About Geographical Areas

Below is a breakdown of selected financial information by geographical area:

	Three Months Ended November 30,						Nine Months Ended November 30,
	2015			2014			2015			2014
	(Unaudited) (In thousands)
Net Sales:
U.S.	$	197,372		$	177,801		$	543,306		$	516,127
International	45,424			49,068			142,970			120,285
Eliminations	(349		)	(2,036		)	(695		)	(2,036		)
Total Net Sales	$	242,447		$	224,833		$	685,581		$	634,376

	November 30, 2015		February 28, 2015
Property, Plant and Equipment, Net:
U.S.	204,758		173,712
Canada	17,889		20,289
Other Countries	2,781		2,582
Total Property, Plant and Equipment, Net	$	225,428	$	196,583