XML 24 R13.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segments
3 Months Ended
May 31, 2016
Segment Reporting [Abstract]  
Segments
Segments

Information regarding operations and assets by segment was as follows: 
 
 
Three Months Ended May 31,
 
 
2016
 
2015
 
 
(Unaudited)
(In thousands)
Net Sales:
 
 
 
 
Energy
 
$
138,102

 
$
137,003

Galvanizing
 
104,565

 
91,885

Total net sales
 
242,667

 
228,888

 
 
 
 
 
Operating Income:
 
 
 
 
Energy
 
18,753

 
17,956

Galvanizing
 
24,302

 
22,094

Corporate
 
(8,547
)
 
(7,165
)
Total operating income
 
34,508

 
32,885

 
 
 
 
 
Interest expense
 
3,925

 
3,847

Net gain on sale of property, plant and equipment and insurance proceeds
 
(110
)
 
(424
)
Other (income) expense, net
 
(122
)
 
307

Income before income taxes
 
$
30,815

 
$
29,155

 
 
 
 
 
Total Assets:
 
 
 
 
Energy
 
$
553,580

 
$
556,308

Galvanizing
 
433,634

 
374,905

Corporate
 
23,394

 
58,152

 
 
$
1,010,608

 
$
989,365

     
Financial Information About Geographical Areas
Below is a breakdown of selected financial information by geographical area:
 
 
Three Months Ended May 31,
 
 
2016
 
2015
 
 
(Unaudited)
(In thousands)
Net Sales:
 
 
 
 
U.S.
 
$
146,277

 
$
182,270

International
 
96,540

 
46,618

Eliminations
 
(150
)
 

          Total Net Sales
 
$
242,667

 
$
228,888

 
 
May 31, 2016
 
February 29, 2016
 
 
(In thousands)
 
 
(Unaudited)
 
 
Property, Plant and Equipment, Net:
 


 


U.S.
 
206,057

 
204,587

Canada
 
18,364

 
17,868

Other Countries
 
5,744

 
3,878

          Total Property, Plant and Equipment, Net
 
$
230,165

 
$
226,333