0000008947-19-000011.txt : 20190108 0000008947-19-000011.hdr.sgml : 20190108 20190108064009 ACCESSION NUMBER: 0000008947-19-000011 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 51 CONFORMED PERIOD OF REPORT: 20181130 FILED AS OF DATE: 20190108 DATE AS OF CHANGE: 20190108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AZZ INC CENTRAL INDEX KEY: 0000008947 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] IRS NUMBER: 750948250 STATE OF INCORPORATION: TX FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-12777 FILM NUMBER: 19514647 BUSINESS ADDRESS: STREET 1: ONE MUSEUM PLACE, SUITE 500 STREET 2: 3100 W 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76107 BUSINESS PHONE: 8178100095 MAIL ADDRESS: STREET 1: ONE MUSEUM PLACE, SUITE 500 STREET 2: 3100 W 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76107 FORMER COMPANY: FORMER CONFORMED NAME: AZTEC MANUFACTURING CO DATE OF NAME CHANGE: 20000911 10-Q 1 azz2018113010-q.htm 10-Q Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 10-Q
  
ý
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended November 30, 2018
OR 
¨
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission file number 1-12777

 azzlogo6a05.jpg
AZZ Inc.
(Exact name of registrant as specified in its charter)
 
 
TEXAS
 
75-0948250
 
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification No.)
 
 
 
 
 
One Museum Place, Suite 500
3100 West 7th Street
Fort Worth, Texas 76107
 
 
 
(Address of principal executive offices, including zip code)
(817) 810-0095
(Registrant’s telephone number, including area code)
NONE
(Former name, former address and former fiscal year, if changed since last report) 
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ý    No  ¨
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  ý    No  ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one): 
Large accelerated filer
  
ý
  
Accelerated filer
 
¨
 
Non-accelerated filer
 
¨
Smaller reporting company
  
¨
  
Emerging growth company
 
¨
 
 
 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ¨
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  ý
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. 
Title of each class:
 
Outstanding at November 30, 2018:
Common Stock, $1.00 par value per share
 
26,087,191


AZZ INC.
INDEX

 
 
PAGE
NO.
PART I.
 
Item 1.
 
 
 
 
 
 
 
Item 2.
Item 3.
Item 4.
 
 
 
PART II.
 
Item 1.
Item 1A.
Item 2.
Item 3.
Item 4.
Item 5.
Item 6.
 
 
 
 
 
 
 


PART I. FINANCIAL INFORMATION

Item 1. Financial Statements
AZZ INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except par value)
(Unaudited)
 
 
November 30, 2018
 
February 28, 2018
Assets
 
 
 
 
Current assets:
 
 
 
 
Cash and cash equivalents
 
$
17,413

 
$
20,853

Accounts receivable (net of allowance for doubtful accounts of $2,348 as of November 30, 2018 and $569 as of February 28, 2018)
 
159,395

 
141,488

Inventories:
 
 
 
 
Raw material
 
100,594

 
98,475

Work-in-process
 
1,694

 
2,544

Finished goods
 
12,688

 
9,742

Contract assets
 
70,419

 
51,787

Prepaid expenses and other
 
5,171

 
4,265

Total current assets
 
367,374

 
329,154

Property, plant and equipment, net
 
207,090

 
216,855

Goodwill
 
323,541

 
321,307

Intangibles and other assets, net
 
134,374

 
160,893

Total assets
 
$
1,032,379

 
$
1,028,209

Liabilities and Shareholders’ Equity
 
 
 
 
Current liabilities:
 
 
 
 
Accounts payable
 
$
45,072

 
$
54,162

Income tax payable
 
3,120

 
144

Accrued salaries and wages
 
22,606

 
19,011

Other accrued liabilities
 
23,532

 
19,622

Customer deposits
 
741

 
1,816

Contract liabilities
 
32,744

 
22,698

Debt due within one year
 
—

 
14,286

Total current liabilities
 
127,815

 
131,739

Debt due after one year, net
 
272,712

 
286,609

Other long-term liabilities
 
1,564

 
11,696

Deferred income taxes
 
34,410

 
32,962

Total liabilities
 
436,501

 
463,006

Commitments and contingencies
 
 
 
 
Shareholders’ equity:
 
 
 
 
Common stock, $1 par, shares authorized 100,000; 26,087 shares issued and outstanding at November 30, 2018 and 25,959 shares issued and outstanding at February 28, 2018
 
26,087

 
25,959

Capital in excess of par value
 
43,944

 
38,446

Retained earnings
 
555,096

 
526,018

Accumulated other comprehensive loss
 
(29,249
)
 
(25,220
)
Total shareholders’ equity
 
595,878

 
565,203

Total liabilities and shareholders' equity
 
$
1,032,379

 
$
1,028,209

The accompanying notes are an integral part of the condensed consolidated financial statements.

3

AZZ INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)
(In thousands, except per share data)
(Unaudited)
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770

Cost of sales
 
189,761

 
177,041

 
569,175

 
487,471

Gross margin
 
49,755

 
31,117

 
155,364

 
122,299



 
 
 
 
 
 
 
 
Selling, general and administrative
 
26,986

 
29,563

 
91,794

 
83,335

Operating income
 
22,769

 
1,554

 
63,570

 
38,964

 
 
 
 
 
 
 
 
 
Interest expense
 
3,723

 
3,507

 
11,541

 
10,267

Other (income) expense, net
 
309

 
15

 
(839
)
 
90

Income (loss) before income taxes
 
18,737

 
(1,968
)
 
52,868

 
28,607

Income tax expense (benefit)
 
3,342

 
(1,802
)
 
10,511

 
6,925

Net income (loss)
 
$
15,395

 
$
(166
)
 
$
42,357

 
$
21,682

Earnings (loss) per common share
 
 
 
 
 
 
 
 
Basic earnings (loss) per share
 
$
0.59

 
$
(0.01
)
 
$
1.63

 
$
0.83

Diluted earnings (loss) per share
 
$
0.59

 
$
(0.01
)
 
$
1.62

 
$
0.83

 
 
 
 
 
 
 
 
 
Cash dividends declared per common share
 
$
0.17

 
$
0.17

 
$
0.51

 
$
0.51

The accompanying notes are an integral part of the condensed consolidated financial statements.


4

AZZ INC.
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(In thousands)
(Unaudited)
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Net income (loss)
 
$
15,395

 
$
(166
)
 
$
42,357

 
$
21,682

Other comprehensive income (loss):
 
 
 
 
 
 
 
 
Foreign currency translation adjustments, net of income tax of $0
 
(2,187
)
 
(1,453
)
 
(3,988
)
 
2,876

Interest rate swap, net of income tax of $7, $7, $22 and $22, respectively.
 
(14
)
 
(13
)
 
(41
)
 
(41
)
Other comprehensive income (loss)
 
(2,201
)
 
(1,466
)
 
(4,029
)
 
2,835

Comprehensive income (loss)
 
$
13,194

 
$
(1,632
)
 
$
38,328

 
$
24,517

The accompanying notes are an integral part of the condensed consolidated financial statements.


5

AZZ INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)
 
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
 
 
 
 
Cash Flows From Operating Activities
 
 
 
 
Net income
 
$
42,357

 
$
21,682

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
Provision for doubtful accounts
 
2,039

 
2,940

Amortization and depreciation
 
38,068

 
37,840

Deferred income taxes
 
1,533

 
2,362

Net loss on property, plant and equipment due to impairment
 
810

 
8,285

Net loss (gain) on sale of property, plant and equipment
 
(191
)
 
576

Amortization of deferred borrowing costs
 
407

 
450

Share-based compensation expense
 
3,335

 
4,810

Effects of changes in assets and liabilities:
 
 
 
 
Accounts receivable
 
(13,955
)
 
(15,754
)
Inventories
 
1,564

 
(11,744
)
Prepaid expenses and other
 
(953
)
 
(2,518
)
Other assets
 
(1,006
)
 
(57
)
Net change in contract assets and liabilities
 
(9,496
)
 
4,896

Accounts payable
 
(8,037
)
 
(5,867
)
Other accrued liabilities and income taxes payable
 
3,920

 
(9,191
)
Net cash provided by operating activities
 
60,395

 
38,710

Cash Flows From Investing Activities
 
 
 
 
Proceeds from sale of property, plant and equipment
 
362

 
200

Purchase of property, plant and equipment
 
(13,691
)
 
(21,533
)
Acquisition of subsidiaries, net of cash acquired
 
(8,000
)
 
(32,841
)
Net cash used in investing activities
 
(21,329
)
 
(54,174
)
Cash Flows From Financing Activities
 
 
 
 
Proceeds from revolving loan
 
212,000

 
273,000

Payments on revolving loan
 
(226,000
)
 
(174,500
)
Payments on long term debt
 
(14,286
)
 
(63,505
)
Purchases of treasury shares
 
—

 
(7,518
)
Payments of dividends
 
(13,279
)
 
(13,266
)
Net cash provided by (used in) financing activities
 
(41,565
)
 
14,211

Effect of exchange rate changes on cash
 
(941
)
 
602

Net decrease in cash and cash equivalents
 
(3,440
)
 
(651
)
Cash and cash equivalents at beginning of period
 
20,853

 
11,302

Cash and cash equivalents at end of period
 
$
17,413

 
$
10,651

 
 
 
 
 
Supplemental disclosures
 
 
 
 
Cash paid for interest
 
$
9,957

 
$
8,948

Cash paid for income taxes
 
$
2,398

 
$
8,416

The accompanying notes are an integral part of the condensed consolidated financial statements.

6

AZZ INC.
CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY
(In thousands)
(Unaudited)
 
 
Nine Months Ended November 30, 2018
 
 
 
 
Capital in
Excess of
Par Value
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Loss
 
Total
 
 
Common Stock
 
 
 
Shares
 
Amount
 
Balance at February 28, 2018
 
25,959

 
$
25,959

 
$
38,446

 
$
526,018

 
$
(25,220
)
 
$
565,203

Share-based compensation
 
—

 
—

 
1,358

 
—

 
—

 
1,358

Restricted stock units
 
30

 
30

 
(549
)
 
—

 
—

 
(519
)
Stock issued for SARs
 
1

 
1

 
—

 
—

 
—

 
1

Employee stock purchase plan
 
37

 
37

 
1,290

 
—

 
—

 
1,327

Cash dividends paid
 
—

 
—

 
—

 
(4,418
)
 
—

 
(4,418
)
Net income
 
—

 
—

 
—

 
15,718

 
—

 
15,718

Foreign currency translation
 
—

 
—

 
—

 
—

 
(2,256
)
 
(2,256
)
Interest rate swap
 
—

 
—

 
—

 
—

 
(14
)
 
(14
)
Balance at May 31, 2018
 
26,027

 
$
26,027

 
$
40,545

 
$
537,318

 
$
(27,490
)
 
$
576,400

Share-based compensation
 
15

 
15

 
2,286

 
—

 
—

 
2,301

Restricted stock units
 
—

 
—

 
(14
)
 
—

 
—

 
(14
)
Stock issued for SARs
 
8

 
8

 
(30
)
 
—

 
—

 
(22
)
Cash dividends paid
 
—

 
—

 
—

 
(4,426
)
 
—

 
(4,426
)
Net income
 
—

 
—

 
—

 
11,244

 
—

 
11,244

Foreign currency translation
 
—

 
—

 
—

 
—

 
455

 
455

Interest rate swap
 
—

 
—

 
—

 
—

 
(13
)
 
(13
)
Balance at August 31, 2018
 
26,050

 
$
26,050

 
$
42,787

 
$
544,136

 
$
(27,048
)
 
$
585,925

Share-based compensation
 
—

 
—

 
(324
)
 
—

 
—

 
(324
)
Employee stock purchase plan
 
37

 
37

 
1,481

 
—

 
—

 
1,518

Cash dividends paid
 
—

 
—

 
—

 
(4,435
)
 
—

 
(4,435
)
Net income
 
—

 
—

 
—

 
15,395

 
—

 
15,395

Foreign currency translation
 
—

 
—

 
—

 
—

 
(2,187
)
 
(2,187
)
Interest rate swap
 
—

 
—

 
—

 
—

 
(14
)
 
(14
)
Balance at November 30, 2018
 
26,087

 
$
26,087

 
$
43,944

 
$
555,096

 
$
(29,249
)
 
$
595,878


The accompanying notes are an integral part of the condensed consolidated financial statements.


7

AZZ INC.
CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY
(In thousands)
(Unaudited)

 
 
Nine Months Ended November 30, 2017
 
 
 
 
Capital in
Excess of
Par Value
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Loss
 
Total
 
 
Common Stock
 
 
 
Shares
 
Amount
 
Balance at February 28, 2017
 
25,964

 
$
25,964

 
$
37,739

 
$
498,527

 
$
(29,094
)
 
$
533,136

Share-based compensation
 
—

 
—

 
1,194

 
—

 
—

 
1,194

Restricted stock units
 
42

 
42

 
(1,240
)
 
—

 
—

 
(1,198
)
Employee stock purchase plan
 
35

 
35

 
1,597

 
—

 
—

 
1,632

Retirement of treasury shares
 
(47
)
 
(47
)
 
(2,636
)
 
—

 
—

 
(2,683
)
Cash dividends paid
 
—

 
—

 
—

 
(4,423
)
 
—

 
(4,423
)
Net income
 
—

 
—

 
—

 
12,062

 
—

 
12,062

Foreign currency translation
 
—

 
—

 
—

 
—

 
(997
)
 
(997
)
Interest rate swap
 
—

 
—

 
—

 
—

 
(14
)
 
(14
)
Balance at May 31, 2017
 
25,994

 
$
25,994

 
$
36,654

 
$
506,166

 
$
(30,105
)
 
$
538,709

Share-based compensation
 
16

 
16

 
2,190

 
—

 
—

 
2,206

Stock issued for SARs
 
1

 
1

 
(1
)
 
—

 
—

 
—

Retirement of treasury shares
 
(50
)
 
(50
)
 
(2,452
)
 
—

 
—

 
(2,502
)
Cash dividends paid
 
—

 
—

 
—

 
(4,422
)
 
—

 
(4,422
)
Net income
 
—

 
—

 
—

 
9,786

 
—

 
9,786

Foreign currency translation
 
—

 
—

 
—

 
—

 
5,325

 
5,325

Interest rate swap
 
—

 
—

 
—

 
—

 
(13
)
 
(13
)
Balance at August 31, 2017
 
25,961

 
$
25,961

 
$
36,391

 
$
511,530

 
$
(24,793
)
 
$
549,089

Share-based compensation
 
—

 
—

 
1,410

 
—

 
—

 
1,410

Restricted stock units
 
1

 
1

 
(19
)
 
—

 
—

 
(18
)
Stock issued for SARs
 
—

 
—

 
(4
)
 
—

 
—

 
(4
)
Employee stock purchase plan
 
42

 
42

 
1,643

 
—

 
—

 
1,685

Retirement of treasury shares
 
(50
)
 
(50
)
 
(2,283
)
 
—

 
—

 
(2,333
)
Cash dividends paid
 
—

 
—

 
—

 
(4,421
)
 
—

 
(4,421
)
Net loss
 
—

 
—

 
—

 
(166
)
 
—

 
(166
)
Foreign currency translation
 
—

 
—

 
—

 
—

 
(1,453
)
 
(1,453
)
Interest rate swap
 
—

 
—

 
—

 
—

 
(13
)
 
(13
)
Balance at November 30, 2017
 
25,954

 
$
25,954

 
$
37,138

 
$
506,943

 
$
(26,259
)
 
$
543,776


The accompanying notes are an integral part of the condensed consolidated financial statements.


8

AZZ INC.
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(Unaudited)

1.
The Company and Basis of Presentation
AZZ Inc. (“AZZ”, the “Company”, "our" or “we”) was established in 1956 and incorporated under the laws of the state of Texas. The Company is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution, refining and industrial markets. The Company has two distinct operating segments: the Energy segment and the Metal Coatings segment. AZZ Energy is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry.
Presentation
The accompanying condensed consolidated balance sheet as of February 28, 2018, which was derived from audited financial statements, and the unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. These financial statements should be read in conjunction with the audited financial statements and related notes for the fiscal year ended February 28, 2018, included in the Company’s Annual Report on Form 10-K covering such period. 
Our fiscal year ends on the last day of February and is identified as the fiscal year for the calendar year in which it ends. For example, the fiscal year ended February 28, 2019 is referred to as fiscal 2019.
In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments, consisting only of normal recurring adjustments, which are necessary to present fairly the financial position of the Company as of November 30, 2018, the results of its operations for the three and nine months ended November 30, 2018 and 2017, and cash flows for the nine months ended November 30, 2018 and 2017. These interim results are not necessarily indicative of results for a full year.
Accounting Standards Recently Adopted
On March 1, 2018, the Company adopted Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) and the related amendments ("ASC 606") using the modified retrospective method applied to those contracts which were not completed as of February 28, 2018. Results for operating periods beginning on or after March 1, 2018 are presented under ASC 606, while prior period amounts have not been adjusted and continue to be reported in accordance with the accounting standards in effect for those periods. However, for the three and nine months ended November 30, 2018, the impact of applying ASC 606 as opposed to applying legacy accounting guidance did not result in a significant change to reported revenues or costs of revenues. Accordingly, no reconciliation has been provided to show the difference between applying ASC 606 and legacy guidance for the three and nine months ended November 30, 2018. In addition, there was no cumulative effect adjustment to the beginning retained earnings on March 1, 2018 related to the adoption. See Note 2 for a description of the Company's accounting policy resulting from the adoption of ASC 606.
On March 1, 2018, the Company adopted ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, which clarifies the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The adoption did not have a material impact on the Company's consolidated statements of cash flows.
Recently Issued Accounting Pronouncements
In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-02, Leases (Topic 842). Under the new guidance, a lessee will be required to recognize assets and liabilities for all leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. 
The Company expects to early adopt this standard in the fourth quarter of fiscal year 2019, which will be retrospectively applied to the beginning of fiscal year 2019. The standard, as subsequently amended, does not require full retrospective adoption,

9

thus periods prior to fiscal year 2019 will not be adjusted and any impacts of transitioning to the new standard will be reflected with a cumulative effect adjustment to the opening balance of retained earnings in the year of adoption.
In preparing for the adoption of this standard, the Company is substantially complete in assessing its portfolio of leases for accounting and disclosure purposes. The Company is also progressing with the design of the future lease accounting procedures, policies and related internal controls and with the implementation of lease accounting software. While the Company has not yet completed its evaluation of the financial statement impact of the new lease accounting standard, the Company expects that the adoption will result in a significant increase in assets and liabilities related to operating leases in its consolidated balance sheets. However, the Company does not expect to record a significant cumulative effect adjustment as a result of adopting the standard.

2.
Summary of Significant Accounting Policies
The Company’s significant accounting policies are detailed in Note 1 of its Annual Report on Form 10-K for the year ended February 28, 2018. The following section includes revised accounting policies related to the adoption of ASC 606.
Revenue recognition
The Company determines revenue recognition through the following steps:
1)Identification of the contract with a customer,
2)Identification of the performance obligations in the contract,
3)Determination of the transaction price,
4)Allocation of the transaction price to performance obligations in the contract, and
5)Recognition of revenue when, or as, the Company satisfies a performance obligation
Revenue is recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration that it expects to be entitled to in exchange for those goods or services. The amount and timing of revenue recognition varies by segment based on the nature of the goods or services provided and the terms and conditions of the customer contract.
Energy Segment
AZZ's Energy segment is a provider of specialized products and services designed to support industrial, nuclear and electrical applications. Within this segment, the contract is governed by a customer purchase order and an executed product or services agreement. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of either custom built products, custom services, or off-the-shelf products. When the Company does enter into an arrangement with multiple performance obligations, the transaction price is allocated to each performance obligation based on the relative standalone selling prices of the goods or services being provided to the customer and revenue is recognized upon the satisfaction of each performance obligation. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.
For custom built products, the Company recognizes revenues over time provided that the goods do not have an alternative use to the Company and the Company has an unconditional right to payment for work completed to date plus a reasonable margin. For custom services, which consist of specialized welding and other professional services, the Company recognizes revenues over time as the services are rendered due to the fact that the services enhance a customer owned asset. For off-the-shelf products, which consist of tubing and lighting products, the Company recognizes revenue at a point-in-time upon the transfer of the goods to the customer.
For services and custom built products, the Company recognizes revenues over time using a cost-to-cost input measure. This requires the Company to estimate the total contract revenues, costs and margin, which can involve significant management judgment. As a significant change in one or more of these estimates could affect the profitability of the Company’s contracts, management reviews and updates its contract related estimates regularly. The Company recognizes adjustments in estimated margin on contracts under a cumulative catch-up basis and subsequent revenues are recognized using the adjusted estimate. If the estimate of contract margin indicates an anticipated loss on the contract, the Company recognizes the total estimated loss in the period it is identified.
Due to the custom nature of the goods and services provided, contracts within the Energy segment are often modified to account for changes in contract specifications and requirements. A contract modification exists when the modification either creates new, or changes the existing, enforceable rights and obligations in the contract. For the Company, most contract modifications are related to goods or services that are not distinct from those in the original contract due to the significant interrelationship or interdependencies between the deliverables. Such modifications are accounted for as if they were part of the original contract. As

10

a result, the transaction price and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue on a cumulative catch-up basis.
In addition to fixed consideration, the Company’s contracts within its Energy segment can include variable consideration, including claims, incentive fees, liquidated damages or other penalties. The Company recognizes revenue for variable consideration when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company estimates the amount of revenue to be recognized on variable consideration using the expected value or the most likely amount method, whichever is expected to better predict the amount. 
Metal Coatings Segment
AZZ’s Metal Coatings segment is a provider of hot dip galvanizing, powder coating and other metal coating applications to the steel fabrication industry. Within this segment, the contract is governed by a customer purchase order or work order. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of metal coating services. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.
The Company recognizes revenue over time as the metal coating is applied to the customer provided material as the process enhances a customer controlled asset. Contract modifications are rare within this segment and most contracts are on a fixed price basis with no variable consideration.
Contract Assets and Liabilities
The timing of revenue recognition, billings and cash collections results in accounts receivable, contract assets (unbilled receivables), and contract liabilities (customer advances and deposits) on the consolidated balance sheet, primarily related to the Company’s Energy segment. Amounts are billed as work progresses in accordance with agreed upon contractual terms, either at periodic intervals (e.g., weekly or monthly) or upon achievement of contractual milestones. Billing can occur subsequent to revenue recognition, resulting in contract assets. In addition, the Company can receive advances or deposits from its customers, before revenue is recognized, resulting in contract liabilities. These assets and liabilities are reported on the consolidated balance sheet on a contract-by-contract basis at the end of each reporting period.
For the nine months ended November 30, 2018, the Company recognized $20.1 million of revenues from amounts that were included in contract liabilities at February 28, 2018. The Company did not record any revenues for the three or nine months ended November 30, 2018 related to performance obligations satisfied in prior periods. The Company expects to recognize revenues of approximately $13.8 million, $16.1 million, $1.5 million and $1.3 million in fiscal 2019, 2020, 2021 and 2022, respectively, related to the $32.7 million balance of contract liabilities as of November 30, 2018.
The increases or decreases in accounts receivable, contract assets and contract liabilities during the three and nine months ended November 30, 2018 were due primarily to normal timing differences between the Company’s performance and customer payments. The Lectrus acquisition described in Note 8 had no impact on contract assets or liabilities as of the date of acquisition.
Other
No general rights of return exist for customers and the Company establishes provisions for estimated warranties. The Company generally does not sell extended warranties. Revenue is recognized net of applicable sales and other taxes. The Company does not adjust the contract price for the effects of a significant financing component if the Company expects, at contract inception, that the period between when the Company transfers a good or service to a customer and when the customer pays for that good or service will be one year or less, which is generally the case. Sales commissions are deferred and recognized over the same period as the related revenues. Shipping and handling is treated as a fulfillment obligation instead of a separate performance obligation and such costs are expensed as incurred.

11

Disaggregated Revenue
Revenue by segment and geography is disclosed in Note 5. In addition, the following table presents disaggregated revenue by customer industry (in thousands):
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Industrial - oil and gas, construction, and general
 
$
143,710

 
$
126,976

 
$
415,323

 
$
355,895

Transmission and distribution
 
35,927

 
45,795

 
162,033

 
130,134

Power generation
 
59,879

 
35,387

 
147,183

 
123,741

Total net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770


3.
Earnings (Loss) Per Share
Earnings (loss) per share is based on the weighted average number of shares outstanding during each period, adjusted for the dilutive effect of stock awards.
The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, expect per share data):
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income (loss) for basic and diluted earnings per common share
 
$
15,395

 
$
(166
)
 
$
42,357

 
$
21,682

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
26,064

 
25,965

 
26,022

 
25,982

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and director stock awards
 
87

 
—

 
70

 
67

Denominator for diluted earnings per common share
 
26,151

 
25,965

 
26,092

 
26,049

Earnings (loss) per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings (loss) per common share
 
$
0.59

 
$
(0.01
)
 
$
1.63

 
$
0.83

Diluted earnings (loss) per common share
 
$
0.59

 
$
(0.01
)
 
$
1.62

 
$
0.83

For the three months ended November 30, 2017, approximately 0.1 million shares related to employee and director stock awards were excluded from the diluted shares outstanding count as the effect was anti-dilutive.


12

4.
Share-based Compensation
The Company has one share-based compensation plan, the 2014 Long Term Incentive Plan (the “Plan”). The purpose of the Plan is to promote the growth and prosperity of the Company by permitting the Company to grant to its employees, directors and advisors various types of restricted stock unit awards, performance share units, stock options, and stock appreciation rights to purchase common stock of the Company. The maximum number of shares that may be issued under the Plan is 1,500,000 shares. As of November 30, 2018, the Company had approximately 1,248,775 shares available for future issuance under the Plan.
Restricted Stock Unit Awards
Restricted stock unit awards are valued at the market price of our common stock on the grant date. Awards generally vest ratably over a period of three years but these awards may vest earlier in accordance with the Plan’s accelerated vesting provisions.
A summary of the Company’s non-vested restricted stock unit award activity for the nine month period ended November 30, 2018 is as follows:
 
 
 
Restricted
Stock Units
 
Weighted
Average Grant
Date Fair Value
Non-vested balance as of February 28, 2018
 
109,777

 
$
56.62

Granted
 
84,023

 
42.01

Vested
 
(37,670
)
 
54.63

Forfeited
 
(7,290
)
 
55.27

Non-vested balance as of November 30, 2018
 
148,840

 
$
48.94

Performance Share Unit Awards
The Company also grants performance share units ("PSU") awards to certain employees. These PSU awards have a three year performance cycle and will vest and become payable, if at all, on the third anniversary of the award date. The PSU awards are subject to the Company’s degree of achievement of a target annual average adjusted return on assets during these three-year periods and, in certain circumstances, vesting is based on the relative performance of a predetermined group of peer companies. In addition, these PSU awards may have vesting conditions or certain vesting multipliers, which are based on the Company’s total shareholder return during such three-year period in comparison to a defined specific industry peer group. The Company estimates the fair value of PSU awards with performance and service conditions using the value of the Company's common stock on the date of grant. The Company estimates the fair value of PSU awards with market conditions using a Monte Carlo simulation model on the date of grant.
A summary of the Company’ non-vested performance share unit award activity for the nine month period ended November 30, 2018 is as follows:
 
 
Performance
Stock Units
 
Weighted
Average Grant
Date Fair Value
Non-vested balance as of February 28, 2018
 
70,030

 
$
54.59

Granted
 
46,183

 
42.00

Vested
 
(3,378
)
 
46.65

Forfeited
 
(29,710
)
 
49.51

Non-vested balance as of November 30, 2018
 
83,125

 
$
49.74


13

Stock Appreciation Rights
Stock appreciation rights are granted with an exercise price equal to the market value of our common stock on the date of grant. These awards generally have a contractual term of 7 years and vest ratably over a period of three years although some may vest immediately on issuance. These awards are valued using the Black-Scholes option-pricing model.
A summary of the Company’s stock appreciation rights activity for the nine month period ended November 30, 2018 is as follows:
 
 
SARs
 
Weighted Average
Exercise Price
Outstanding as of February 28, 2018
 
148,513

 
$
43.29

Granted
 
—

 
—

Exercised
 
(47,484
)
 
40.84

Forfeited
 
(2,845
)
 
43.92

Outstanding as of November 30, 2018
 
98,184

 
$
44.46

Exercisable as of November 30, 2018
 
98,184

 
$
44.46


The average remaining contractual term for those stock appreciation rights outstanding and those stock appreciation rights that were exercisable as of November 30, 2018 was 2.09 years, with an aggregate intrinsic value of $0.3 million.
Employee Stock Purchase Plan
The Company also has an Employee Stock Purchase Plan, which allows employees of the Company to purchase common stock of the Company through accumulated payroll deductions. Offerings under this plan have a duration of 24 months (the "offering period"). On the first day of an offering period (the “enrollment date”) the participant is granted the option to purchase shares on each exercise date at the lower of 85% of the market value of a share of our common stock on the enrollment date or the exercise date. The participant’s right to purchase common stock under the plan is restricted to no more than $25,000 per calendar year and the participant may not purchase more than 5,000 shares during any offering period. Participants may terminate their interest in a given offering or a given exercise period by withdrawing all of their accumulated payroll deductions at any time prior to the end of the offering period. The fair value of the estimated number of shares to be issued under each offering is determined using the Black-Scholes option-pricing model. For the nine month period ended November 30, 2018, the Company issued 73,702 shares under the Company's Employee Stock Purchase Plan.
Share-based Compensation Expense
Share-based compensation expense and related income tax benefits related to all the plans listed above were as follows (in thousands):
 
 
 
Nine Months Ended November 30,

 
2018
 
2017
Compensation expense
 
$
3,335

 
$
4,810

Income tax benefits
 
$
700

 
$
1,684

Unrecognized compensation cost related to restricted stock units, performance share unit awards, stock appreciation rights, and the Company's Employee Stock Purchase Plan at November 30, 2018 totals $8.0 million.
The Company’s policy is to issue shares required under these plans from the Company’s authorized but unissued shares.

14


5.
Segments
Segment Information
Net sales and operating income by segment for each period were as follows (in thousands):
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Energy
 
$
132,025

 
$
107,021

 
$
385,526

 
$
317,526

Metal Coatings
 
107,491

 
101,137

 
339,013

 
292,244

Total net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770

 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
 
Energy
 
$
11,532

 
$
(12,103
)
 
$
25,763

 
$
(3,029
)
Metal Coatings
 
18,321

 
21,681

 
65,581

 
66,332

Corporate
 
(7,084
)
 
(8,024
)
 
(27,774
)
 
(24,339
)
Total operating income
 
$
22,769

 
$
1,554

 
$
63,570

 
$
38,964


Asset balances by segment for each period were as follows (in thousands):

 
 
November 30, 2018
 
February 28, 2018
Total assets:
 
 
 
 
Energy
 
$
585,807

 
$
554,866

Metal Coatings
 
436,873

 
460,575

Corporate
 
9,699

 
12,768

Total
 
$
1,032,379

 
$
1,028,209


In the second quarter of fiscal 2019, the Company recognized impairment charges of $0.8 million, which were classified within cost of sales in the consolidated statement of income and were related to property, plant and equipment in the Metal Coatings segment that was vacated or abandoned upon the consolidation of two galvanizing facilities in the Gulf Coast region of the United States. As part of the consolidation of facilities, the Company also recognized $0.5 million in employee severance and other disposal costs in the second quarter of fiscal 2019, which were also classified within cost of sales in the consolidated statement of income.

Financial Information About Geographical Areas
The following table presents revenues by geographic region for each period (in thousands):
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
United States
 
$
203,788

 
$
175,803

 
$
605,672

 
$
505,023

International
 
35,728

 
32,355

 
118,867

 
104,747

Total
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770

    

15

The following table presents fixed assets by geographic region for each period (in thousands):

 
 
November 30, 2018
 
February 28, 2018
Property, plant and equipment, net:
 


 


United States
 
$
186,696

 
$
194,418

Canada
 
16,619

 
18,254

Other countries
 
3,775

 
4,183

          Total
 
$
207,090

 
$
216,855



6.
Warranty Reserves
A reserve has been established to provide for the estimated future cost of warranties on a portion of the Company’s delivered products and is classified within other accrued liabilities on the consolidated balance sheets. Management periodically reviews the reserves and makes adjustments accordingly. Warranties cover such factors as non-conformance to specifications and defects in material and workmanship. 
The following table shows the changes in the warranty reserves for the nine month period ended November 30, 2018 (in thousands):
 
 
Warranty Reserve
Balance at February 28, 2018
$
2,013

Warranty costs incurred
(1,674
)
Additions charged to income
1,561

Balance at November 30, 2018
$
1,900

7.
Debt
The Company's debt consisted of the following for each of the periods presented (in thousands):
 
November 30, 2018
 
February 28, 2018
2011 Senior Notes
$
125,000

 
$
125,000

2008 Senior Notes
—

 
14,286

2017 Revolving Credit Facility
148,000

 
162,000

Total debt
273,000

 
301,286

Unamortized debt issuance costs for Senior Notes
(288
)
 
(391
)
Total debt, net
272,712

 
300,895

Less amount due within one year
—

 
(14,286
)
Debt due after one year, net
$
272,712

 
$
286,609

On March 31, 2018, the Company made the final principal payment of $14.3 million to fully settle the 2008 Senior Notes on the scheduled maturity date.

8.
Acquisitions
On March 22, 2018, the Company purchased certain assets through a bankruptcy sales process from Lectrus Corporation, a privately-held corporation based in Chattanooga, Tennessee. Lectrus designs and manufactures custom metal enclosures and provides electrical and mechanical integration. The acquisition will complement AZZ's current metal enclosure and switchgear businesses.
This acquisition was not significant. Accordingly, disclosures of the purchase price allocation and unaudited pro forma results of operations have not been provided.

16

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Forward Looking Statements
Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial and economic data and management’s views and assumptions regarding future events. Such forward-looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. In addition, certain factors could affect the outcome of the matters described herein. This Quarterly Report on Form 10-Q may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand and response to products and services offered by AZZ, including demand by the power generation markets, electrical transmission and distribution markets, the industrial markets, and the hot dip galvanizing markets; prices and raw material cost, including zinc and natural gas which are used in the hot dip galvanizing process; changes in the political stability and economic conditions of the various markets that AZZ serves, foreign and domestic, customer requested delays of shipments, acquisition opportunities, currency exchange rates, adequacy of financing, and availability of experienced management and employees to implement AZZ’s continued growth strategy; a downturn in market conditions in any industry relating to the products we inventory or sell or the services that we provide; the continuing economic volatility in the U.S. and other markets in which we operate; acts of war or terrorism inside the United States or abroad; natural disasters in the countries in which we operate; and other changes in economic and financial conditions. AZZ has provided additional information regarding risks associated with the business in AZZ’s Annual Report on Form 10-K for the fiscal year ended February 28, 2018 and other filings with the SEC, available for viewing on AZZ’s website at www.azz.com and on the SEC’s website at www.sec.gov.
You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
The following discussion should be read in conjunction with management’s discussion and analysis contained in our Annual Report on Form 10-K for the fiscal year ended February 28, 2018, and with the condensed consolidated financial statements and notes thereto included in this Quarterly Report on Form 10-Q.
Adoption of Revenue Recognition Standard
On March 1, 2018, we adopted Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) and the related amendments ("ASC 606") using the modified retrospective method applied to those contracts which were not completed as of February 28, 2018. Results for operating periods beginning on or after March 1, 2018 are presented under ASC 606, while prior period amounts have not been adjusted and continue to be reported in accordance with the accounting standards in effect for those periods. However, for the three and nine months ended November 30, 2018, the impact of applying ASC 606 as opposed to applying legacy accounting guidance did not result in a significant change to reported revenues or costs of revenues. Accordingly, no reconciliation has been provided to show the difference between applying ASC 606 and legacy guidance for the three and nine months ended November 30, 2018. In addition, there was no cumulative effect adjustment to the beginning retained earnings on March 1, 2018 related to the adoption. See Note 2 to the condensed consolidated financial statements included herein for a description of our accounting policy resulting from the adoption of ASC 606.
Results of Operations
We have two distinct operating segments, the Energy segment and the Metal Coatings segment, as defined in our Annual Report on Form 10-K for the fiscal year ended February 28, 2018. Management believes that the most meaningful analysis of our results of operations is to analyze our performance by segment. We use revenue and operating income by segment to evaluate our segments. Segment operating income consists of net sales less cost of sales and selling, general and administrative expenses that are specifically identifiable to a segment. For a reconciliation of segment operating income to consolidated operating income, see Note 5 to our quarterly consolidated financial statements included in this Quarterly Report on Form 10-Q.

17

Orders and Backlog
Our entire backlog relates to our Energy Segment and was $307.8 million as of November 30, 2018, an increase of $42.4 million, or 16.0%, as compared to $265.4 million as of February 28, 2018. Our backlog increased $24.6 million, or 8.7%, as compared to the same period in the prior fiscal year. Both of these increases were primarily the result of several large international orders, higher overall activity within the Energy Segment and incremental business generated from our acquisitions completed during the previous twelve months. For the three months ended November 30, 2018, our book-to-revenue ratio increased slightly to 0.88 to 1 from 0.86 to 1 when compared to same period of fiscal 2018 and our incoming net orders increased by $31.5 million, or 17.5%.
The table below includes the progression of the backlog (in thousands):
 
 
 
Period Ended
 
 
 
Period Ended
 
 
Backlog
 
2/28/2018
 
$
265,417

 
2/28/2017
 
$
317,922

Net bookings
 
 
 
295,738

 
 
 
193,754

Acquired backlog
 
 
 
6,006

 
 
 
—

Revenues recognized
 
 
 
(262,236
)
 
 
 
(205,283
)
Backlog
 
5/31/2018
 
304,925

 
5/31/2017
 
306,393

Book to revenue ratio
 
 
 
1.13

 
 
 
0.94

Net bookings
 
 
 
253,882

 
 
 
190,055

Revenues recognized
 
 
 
(222,787
)
 
 
 
(196,329
)
Backlog
 
8/31/2018
 
336,020

 
8/31/2017
 
300,119

Book to revenue ratio
 
 
 
1.14

 
 
 
0.97

Net bookings
 
 
 
211,273

 
 
 
179,783

Acquired backlog
 
 
 
—

 
 
 
11,417

Revenues recognized
 
 
 
(239,516
)
 
 
 
(208,158
)
Backlog
 
11/30/2018
 
307,777

 
11/30/2017
 
283,161

Book to revenue ratio
 
 
 
0.88

 
 
 
0.86

Segment Revenues
For the three and nine months ended November 30, 2018, consolidated revenues increased $31.4 million, or 15.1%, and $114.8 million or 18.8%, respectively, as compared to the same periods in fiscal 2018.
The following table reflects the breakdown of revenue by segment (in thousands):
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Energy
 
$
132,025

 
$
107,021

 
$
385,526

 
$
317,526

Metal Coatings
 
107,491

 
101,137

 
339,013

 
292,244

Total net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770

Revenues for the Energy segment increased $25.0 million or 23.4%, and $68.0 million or 21.4%, respectively, for the three and nine months ended November 30, 2018 as compared to the same periods in fiscal 2018. These increases in revenues were caused by several positive factors including improved turnarounds in the U.S. refinery market, increased international projects and an uptick in our electrical business. These increases were also attributable to incremental revenues from our acquisitions completed during the past twelve months and were partially offset by continued softness in the nuclear market, which is due in part to the Westinghouse Bankruptcy discussed below.
Revenues for the Metal Coatings segment increased $6.4 million or 6.3%, and $46.8 million or 16.0%, respectively, for the three and nine months ended November 30, 2018 as compared to the same periods in fiscal 2018. These increases were a result of higher selling prices and higher volumes of steel processed during the periods driven primarily by improvements in various markets. These increases were also attributable to incremental revenues from our acquisitions completed during the past twelve months.

18

Segment Operating Income
The following table reflects the breakdown of operating income by segment (in thousands):
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Operating income (loss):
 
 
 
 
 
 
 
 
Energy
 
$
11,532

 
$
(12,103
)
 
$
25,763

 
$
(3,029
)
Metal Coatings
 
18,321

 
21,681

 
65,581

 
66,332

Corporate
 
(7,084
)
 
(8,024
)
 
(27,774
)
 
(24,339
)
Total operating income
 
$
22,769

 
$
1,554

 
$
63,570

 
$
38,964

Operating income for the Energy segment increased by $23.6 million or 195.0%, and $28.8 million or 950.8%, respectively, for the three and nine months ended November 30, 2018 as compared to the same periods in fiscal 2018. Operating margins were 8.7% and (11.3)%, for the three months ended November 30, 2018 and 2017, respectively, and 6.7% and (1.0)% for the nine months ended November 30, 2018 and 2017, respectively. These increases were primarily attributable to the positive factors noted above and improvements in project margins. In addition, for the three and nine months ended November 30, 2017, the Company recognized an impairment charge of $8.3 million, classified within cost of sales, related to property, plant and equipment that was retired and a provision for doubtful accounts of $2.9 million, classified within selling, general and administrative, resulting from an adverse court decision related to certain outstanding accounts receivables. No such charges were recorded in the current fiscal year.
Operating income for the Metal Coatings segment decreased by $3.4 million or 15.7% and $0.8 million or 1.2%, respectively, for the three and nine months ended November 30, 2018 as compared to the same periods in fiscal 2018. These decreases were primarily attributable to higher zinc and labor costs and a one-time charge of $1.3 million incurred during the second quarter of fiscal 2019 for asset impairments, employee severance and other disposal costs related to the consolidation of two galvanizing facilities in the Gulf Coast region of the United States. These unfavorable trends were partially offset by increased volumes and selling prices. Operating margins were 17.0% and 21.4%, for the three months ended November 30, 2018 and 2017, respectively and 19.3% and 22.7% for the nine months ended November 30, 2018 and 2017, respectively. These declines were attributable to higher zinc and labor costs, which were not fully offset by increased selling prices, and the one-time charge for the consolidation of facilities.
Corporate Expenses
Corporate expenses decreased by $0.9 million or 11.2%, and increased $3.4 million or 14.0%, respectively, for the three and nine months ended November 30, 2018 as compared to the prior year comparable periods. During the three and nine months ended November 30, 2018, we recorded lower share-based compensation expense as a result of certain employee performance share unit grants that were forfeited when various vesting conditions were not satisfied during the fiscal year. For the nine months ended November 30, 2018 as compared to the prior year comparable period, the decline in share-based compensation expense was more than offset by increased employee compensation, outside professional services and general corporate marketing activities.
Interest Expense
Interest expense for the three and nine months ended November 30, 2018 was $3.7 million and $11.5 million, respectively, as compared to $3.5 million and $10.3 million for the prior year comparable periods. These increases were the result of higher interest rates on variable rate debt and slightly higher average outstanding debt balances. Our gross debt to equity ratio was 0.46 to 1 as of November 30, 2018, compared to 0.57 to 1 as of November 30, 2017.
Income Taxes
The provision for (benefit from) income taxes reflects an effective tax rate of 17.8% and (91.6)% for the three months ended November 30, 2018 and 2017, respectively, and the change was primarily attributable to the net loss incurred and various tax benefits received during the prior year period. The provision for income taxes reflects an effective rate of 19.9% and 24.2%, for the nine months ended November 30, 2018 and 2017, respectively, and the decrease was primarily attributable to the Tax Cuts and Jobs Act of 2017.
Westinghouse Electric Company Bankruptcy Case
We had existing contracts with subsidiaries of Westinghouse Electric Company (“WEC”). WEC and the relevant subsidiaries (the "Debtors") filed relief under Chapter 11 of the Bankruptcy Code on March 29, 2017 in the United States Bankruptcy Court

19

for the Southern District of New York, jointly administered as In re Westinghouse Electric Company, et al., Case No. 17-10751 (the "Bankruptcy Case"). To date, WEC has continued to operate under a Debtor-in-Possession Financing Facility and we continue to honor their executory contracts. The Company has been collecting on post-petition amounts due and owed. On February 22, 2018, the United States Bankruptcy Court for the Southern District of New York approved the Debtors’ Modified First Amended Disclosure Statement for the Joint Chapter 11 Plan of Reorganization. In the Disclosure Statement, the Debtors estimated a 98.9% to 100% distribution on Allowed General Unsecured Claims. We have approximately $12 million of such claims filed with the court, which includes 100% of our pre-petition claims. The total claims filed exceed the book value of our exposure.
Liquidity and Capital Resources
We have historically met our cash needs through a combination of cash flows from operating activities along with bank and bond market debt. Our cash requirements are generally for operating activities, cash dividend payments, capital improvements, debt repayment, acquisitions and share repurchases. We believe that our cash position, cash flows from operating activities and our expectation of continuing availability to draw upon our credit facilities are sufficient to meet our cash flow needs for the foreseeable future.
Cash Flows
The following table summarizes our cash flows by category for the periods presented (in thousands):
 
 
Nine Months Ended November 30,
 
 
2018
 
2017
Net cash provided by operating activities
 
$
60,395

 
$
38,710

Net cash used in investing activities
 
(21,329
)
 
(54,174
)
Net cash provided by (used in) financing activities
 
(41,565
)
 
14,211

For the nine month period ended November 30, 2018, net cash provided by operating activities was $60.4 million, net cash used in investing activities was $21.3 million, net cash used in financing activities was $41.6 million, and a decrease of $0.9 million from the net effect of exchange rate changes on cash resulting in a net decrease in cash and cash equivalents of $3.4 million. In comparison to the comparable period in fiscal 2018, the results in the statement of cash flows for operating activities for the nine month period ended November 30, 2018, are primarily attributable to the increase in net income and more favorable impacts of changes in working capital. The Company's use of cash for investing activities was lower due to decreased capital expenditures and lower spending for acquisitions. Net cash used in financing activities was higher during the nine month period ended November 30, 2018 due primarily to net payments made on outstanding borrowings.
Our working capital was $239.6 million as of November 30, 2018, as compared to $197.4 million at February 28, 2018.
Financing and Capital
As of November 30, 2018, the Company had $273.0 million of floating and fixed rate notes outstanding with varying maturities through fiscal 2023 and the Company was in compliance with all of the covenants related to these outstanding borrowings. During the first quarter of fiscal 2019, the Company repaid $14.3 million of outstanding principal related to its outstanding notes on the scheduled maturity date. As of November 30, 2018, the Company had approximately $282.9 million of additional credit available for future draws or letters of credit.
For additional information on the Company's outstanding borrowings see Note 7 to the condensed consolidated financial statements and further below under Contractual Commitments.
Share Repurchase Program
In January of 2012, our Board authorized the repurchase of up to ten percent of the outstanding shares of our Common Stock. The share repurchase authorization does not have an expiration date, and the amount and prices paid for any future share purchases under the authorization will be based on market conditions and other factors at the time of the purchase. Repurchases under this share repurchase authorization would be made through open market purchases or private transactions in accordance with applicable federal securities laws, including Rule 10b-18 under the Exchange Act. The Company did not make any repurchases of its common shares during the nine months ended November 30, 2018.
Other Exposures
We have exposure to commodity price increases in both segments of our business, primarily copper, aluminum, steel and nickel based alloys in the Energy segment and zinc and natural gas in the Metal Coatings segment. We attempt to minimize these

20

increases through escalation clauses in customer contracts for copper, aluminum, steel and nickel based alloys, when market conditions allow and through fixed cost contract purchases on zinc. In addition to these measures, we attempt to recover other cost increases through improvements to our manufacturing process, supply chain management, and through increases in prices where competitively feasible.
Off Balance Sheet Arrangements and Contractual Obligations
As of November 30, 2018, the Company did not have any off-balance sheet arrangements as defined under SEC rules. Specifically, there were no off-balance sheet transactions, arrangements, obligations (including contingent obligations), or other relationships with unconsolidated entities or other persons that have, or may have, a material effect on the financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources of the Company.
The following summarizes our operating lease obligations, debt principal payments, and interest payments (based on current interest rates for variable rate debt) for the remainder of the next five years and beyond (in thousands):
 
 
 
Operating
Leases
 
Long-Term
Debt
 
Interest
 
Total
Fiscal:
 

2019
 
$
2,294

 
$
—

 
$
5,037

 
$
7,331

2020
 
8,076

 
—

 
13,373

 
21,449

2021
 
6,160

 
125,000

 
13,373

 
144,533

2022
 
5,932

 
—

 
6,598

 
12,530

2023
 
5,666

 
148,000

 
668

 
154,334

Thereafter
 
26,189

 
—

 
—

 
26,189

Total
 
$
54,317

 
$
273,000

 
$
39,049

 
$
366,366

As of November 30, 2018, we had outstanding letters of credit in the amount of $39.4 million. These letters of credit are issued for a number of reasons, but are most commonly issued in lieu of customer retention withholding payments covering warranty or performance periods.
Critical Accounting Policies and Estimates
The preparation of financial statements and related disclosures in conformity with U.S. GAAP requires us to make judgments, assumptions, and estimates that affect the amounts reported in the condensed consolidated financial statements and the accompanying notes. On an ongoing basis, we evaluate our estimates and assumptions. These estimates and assumptions are based on current facts, historical experience, and various other factors that we believe are reasonable under the circumstances to determine reported amounts of assets, liabilities, revenue and expenses that are not readily apparent from other sources.
During the nine month period ended November 30, 2018, with the exception of the adoption of ASC 606, there were no significant changes to our critical accounting policies and estimates as compared to the critical accounting policies and estimates disclosed in Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, of our Annual Report on Form 10-K for the year ended February 28, 2018. See Note 2 to the condensed consolidated financial statements included herein for our updated critical accounting policy and estimates related to revenue recognition upon the adoption of ASC 606.

Recent Accounting Pronouncements
See Note 1 to the condensed consolidated financial statements, included herein, for a full description of recent accounting pronouncements, including the actual and expected dates of adoption and estimated effects on our consolidated results of operations and financial condition, which is incorporated herein by reference.


21

Item 3. Quantitative and Qualitative Disclosures About Market Risk
There have been no material changes to the Company’s market risk disclosures during the first nine months of fiscal 2019. For a discussion of the Company’s exposure to market risk, refer to the Company’s market risk disclosures set forth in Part II, Item 7A, Quantitative and Qualitative Disclosures About Market Risk, of our Annual Report on Form 10-K for the year ended February 28, 2018.  

Item 4. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
Under the supervision and with the participation of the Company's Chief Executive Officer and Chief Financial Officer, management of the Company has evaluated the effectiveness of the design and operation of the Company's disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as of the end of the period covered by this report. Based upon that evaluation, the Chief Executive Officer and the Chief Financial Officer concluded that, due to the material weakness described below, the Company's disclosure controls and procedures were not effective as of the end of the period covered by this Form 10-Q to provide reasonable assurance that information required to be disclosed by us in our reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms and were not effective as of the end of the period covered by this Form 10-Q to provide reasonable assurance that such information is accumulated and communicated to our management, including our principal executive and financial officers, as appropriate to allow timely discussions regarding required disclosure.
Changes in Internal Controls Over Financial Reporting
As previously disclosed, after filing our Form 10-Q for the quarter ended August 31, 2017, an error was discovered related to the Company’s historical revenue recognition policies and procedures. In particular, the Company determined that for certain contracts within its Energy segment for which revenue was historically recognized upon contract completion and transfer of title, the Company instead should have applied the percentage-of-completion method in accordance with the FASB’s Accounting Standards Codification No. 605-35, Construction-Type and Production-Type Contracts. This error resulted in a material misstatement of the financial statements and required restatement of the financial statements included in the Company’s Form 10-K for the fiscal year ended February 28, 2017 and in the Company’s Form 10-Q for the quarterly periods ended May 31, 2017 and August 31, 2017. This error, which was not detected timely by management, was the result of inadequate design of controls pertaining to the Company’s review and ongoing monitoring of its revenue recognition policies. The deficiency represents a material weakness in the Company’s internal control over financial reporting.
Management is actively engaged in the implementation of remediation efforts to address the material weakness identified above. The remediation plan includes i) the implementation of new controls designed to evaluate the appropriateness of revenue recognition policies and procedures, ii) new controls over recording revenue transactions, and iii) additional training.
Management believes the measures described above and others that may be implemented will remediate the material weaknesses that we have identified. As management continues to evaluate and improve internal control over financial reporting, we may decide to take additional measures to address control deficiencies or determine to modify, or in appropriate circumstances not to complete, certain of the remediation measures identified. Procedures are in place, but subsequent testing of the operational effectiveness of the new controls is necessary to validate that the material weakness is fully remediated.
Subject to these remediation efforts, there have been no significant changes in the Company's internal control over financial reporting during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

22

PART II. OTHER INFORMATION
Item 1. Legal Proceedings
On January 11, 2018, Logan Mullins, acting on behalf of himself and a putative class of persons who purchased or otherwise acquired the Company's securities between April 22, 2015 and January 8, 2018, filed a class action complaint in the U.S. District Court for the Northern District of Texas against the Company and two of its executive officers, Thomas E. Ferguson and Paul W. Fehlman. Logan Mullins v. AZZ, Inc., et al., Case No. 4:18-cv-00025-Y. The complaint alleges, among other things, that the Company's SEC filings contained statements that were rendered materially false and misleading by the Company's alleged failure to properly recognize revenue related to certain contracts in its Energy Segment in purported violation of (1) Section 10(b) of the Exchange Act and Rule 10b-5 and (2) Section 20(a) of the Exchange Act. The plaintiffs seek an award of compensatory and punitive damages, interests, attorneys' fees and costs. The Company denies the allegations and believes it has strong defenses to vigorously contest them. The Company cannot predict the outcome of this action nor when it will be resolved. If the plaintiffs were to prevail in this matter, the Company could be liable for damages, which could potentially be material and could adversely affect its financial condition or results of operations.
In addition, the Company and its subsidiaries are named defendants in various routine lawsuits incidental to our business.  These proceedings include labor and employment claims, use of the Company’s intellectual property, worker’s compensation and various environmental matters, all arising in the normal course of business.  Although the outcome of these lawsuits or other proceedings cannot be predicted with certainty, and the amount of any potential liability that could arise with respect to such lawsuits or other matters cannot be predicted at this time, management, after consultation with legal counsel, does not expect liabilities, if any, from these claims or proceedings, either individually or in the aggregate, to have a material effect on the Company’s financial position, results of operations or cash flows.
Item 1A. Risk Factors
There have been no material changes in the risk factors disclosed under Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended February 28, 2018.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
In January of 2012, our Board authorized the repurchase of up to ten percent of the outstanding shares of our Common Stock. The share repurchase authorization does not have an expiration date, and the amount and prices paid for any future share purchases under the authorization will be based on market conditions and other factors at the time of the purchase. Repurchases under this share repurchase authorization would be made through open market purchases or private transactions in accordance with applicable federal securities laws, including Rule 10b-18 under the Exchange Act. The Company did not make any repurchases of its common shares during the three months ended November 30, 2018.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
None.
Item 5. Other Information
None.

23

Item 6. Exhibits
3.1
 
Amended and Restated Certificate of Formation of AZZ Inc. (incorporated by reference to Exhibit 3.1 to the Current Report on Form 8-K filed by the Registrant on July 14, 2015)
 
 
3.2
 
Amended and Restated Bylaws of AZZ Inc. (incorporated by reference to Exhibit 3.2 to the Current Report on Form 8-K filed by the Registrant on January 23, 2017)
 
 
10.1
 
Note Purchase Agreement dated March 31, 2008, by and among AZZ incorporated and the purchasers listed therein (incorporated by reference to Exhibit 10(1) to the Current Report on Form 8-K filed by the Registrant on April 2, 2008).
 
 
10.2*
 
 
 
10.3
 
Note Purchase Agreement, dated as of January 20, 2011, by and among AZZ incorporated and the purchasers identified therein (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by the Registrant on January 21, 2011).
 
 
10.4
 
 
 
 
10.5*
 
AZZ incorporated 2014 Long Term Incentive Plan (incorporated by reference to Appendix A to the Registrant’s Definitive Proxy Statement on Form DEFA filed May 29, 2014).
 
 
 
10.6*
 
First Amendment to AZZ Inc. 2014 Long Term Incentive Plan (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K filed by the Registrant on January 21, 2016.
 
 
 
31.1
 
 
 
 
31.2
 
 
 
 
32.1
 
 
 
 
32.2
 
 
 
 
101.INS
 
XBRL Instance Document
 
 
 
101.SCH
 
XBRL Taxonomy Extension Schema
 
 
 
101.CAL
 
XBRL Taxonomy Extension Calculation Linkbase
 
 
 
101.DEF
 
XBRL Taxonomy Definition Linkbase
 
 
 
101.LAB
 
XBRL Taxonomy Extension Label Linkbase
 
 
 
101.PRE
 
XBRL Taxonomy Extension Presentation Linkbase
* Management contract, compensatory plan or arrangement

24

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
 
 
 
AZZ Inc.
(Registrant)
 
 
 
 
 
Date:
January 8, 2019
 
By:
/s/ Paul W. Fehlman
 
 
 
 
Paul W. Fehlman
Senior Vice President and
Chief Financial Officer

25
 EX-31.1 2 ex31120181130.htm EXHIBIT 31.1 Exhibit


Exhibit 31.1
Certification by Thomas E. Ferguson
Pursuant to Securities Exchange Act Rule 13a-14(a)
I, Thomas E. Ferguson, certify that:
1. I have reviewed this Quarterly Report on Form 10-Q of AZZ Inc. for the period ended November 30, 2018;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.
 
Dated:
January 8, 2019
 
/s/ Thomas E. Ferguson
 
 
 
Thomas E. Ferguson
 
 
 
President and Chief Executive Officer



 EX-31.2 3 ex31220181130.htm EXHIBIT 31.2 Exhibit


Exhibit 31.2
Certification by Paul W. Fehlman
Pursuant to Securities Exchange Act Rule 13a-14(a)
I, Paul W. Fehlman, certify that:
1. I have reviewed this Quarterly Report on Form 10-Q of AZZ Inc. for the period ended November 30, 2018;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.


 
Dated:
January 8, 2019
 
/s/ Paul W. Fehlman
 
 
 
Paul W. Fehlman
 
 
 
Senior Vice President and Chief Financial Officer


 EX-32.1 4 ex32120181130.htm EXHIBIT 32.1 Exhibit


EXHIBIT 32.1
CERTIFICATION OF CHIEF EXECUTIVE OFFICER
PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
The undersigned, Thomas E. Ferguson, has executed this certification in connection with the filing of AZZ Inc.’s (the "Company") Quarterly Report on Form 10-Q for the period ended November 30, 2018 (the “Report”). The undersigned hereby certifies pursuant to U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:
1.
to my knowledge the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.
the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.


Dated:
January 8, 2019
 
/s/ Thomas E. Ferguson
 
 
 
Thomas E. Ferguson
 
 
 
President and Chief Executive Officer


 EX-32.2 5 ex32220181130.htm EXHIBIT 32.2 Exhibit


EXHIBIT 32.2
CERTIFICATION OF CHIEF FINANCIAL OFFICER
PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
The undersigned, Paul W. Fehlman, has executed this certification in connection with the filing of AZZ Inc.’s (the "Company") Quarterly Report on Form 10-Q for the period ended November 30, 2018 (the “Report”). The undersigned hereby certifies pursuant to U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:
1.
to my knowledge the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.
the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.


 
Dated:
January 8, 2019
 
/s/ Paul W. Fehlman
 
 
 
Paul W. Fehlman
 
 
 
Senior Vice President and
 
 
 
Chief Financial Officer


 EX-101.INS 6 azz-20181130.xml XBRL INSTANCE DOCUMENT 0000008947 2018-03-01 2018-11-30 0000008947 2018-11-30 0000008947 2018-02-28 0000008947 2017-09-01 2017-11-30 0000008947 2018-09-01 2018-11-30 0000008947 2017-03-01 2017-11-30 0000008947 2017-11-30 0000008947 2017-02-28 0000008947 us-gaap:RetainedEarningsMember 2018-06-01 2018-08-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2018-11-30 0000008947 2018-06-01 2018-08-31 0000008947 us-gaap:CommonStockMember 2018-08-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2018-09-01 2018-11-30 0000008947 2018-05-31 0000008947 us-gaap:CommonStockMember 2018-09-01 2018-11-30 0000008947 us-gaap:CommonStockMember 2018-05-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2018-02-28 0000008947 us-gaap:CommonStockMember 2018-03-01 2018-05-31 0000008947 2018-03-01 2018-05-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-03-01 2018-05-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-01 2018-08-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2018-08-31 0000008947 us-gaap:CommonStockMember 2018-02-28 0000008947 us-gaap:CommonStockMember 2018-06-01 2018-08-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-01 2018-11-30 0000008947 us-gaap:AdditionalPaidInCapitalMember 2018-03-01 2018-05-31 0000008947 us-gaap:RetainedEarningsMember 2018-08-31 0000008947 us-gaap:RetainedEarningsMember 2018-03-01 2018-05-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2018-06-01 2018-08-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-08-31 0000008947 us-gaap:CommonStockMember 2018-11-30 0000008947 us-gaap:RetainedEarningsMember 2018-11-30 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-05-31 0000008947 us-gaap:RetainedEarningsMember 2018-09-01 2018-11-30 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-11-30 0000008947 2018-08-31 0000008947 us-gaap:RetainedEarningsMember 2018-02-28 0000008947 us-gaap:AdditionalPaidInCapitalMember 2018-05-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-02-28 0000008947 us-gaap:RetainedEarningsMember 2018-05-31 0000008947 2017-03-01 2017-05-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2017-06-01 2017-08-31 0000008947 us-gaap:CommonStockMember 2017-11-30 0000008947 us-gaap:CommonStockMember 2017-06-01 2017-08-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-09-01 2017-11-30 0000008947 us-gaap:CommonStockMember 2017-03-01 2017-05-31 0000008947 us-gaap:RetainedEarningsMember 2017-11-30 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-05-31 0000008947 us-gaap:RetainedEarningsMember 2017-06-01 2017-08-31 0000008947 us-gaap:CommonStockMember 2017-09-01 2017-11-30 0000008947 us-gaap:AdditionalPaidInCapitalMember 2017-09-01 2017-11-30 0000008947 us-gaap:AdditionalPaidInCapitalMember 2017-03-01 2017-05-31 0000008947 2017-06-01 2017-08-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-03-01 2017-05-31 0000008947 us-gaap:RetainedEarningsMember 2017-02-28 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-11-30 0000008947 us-gaap:CommonStockMember 2017-08-31 0000008947 us-gaap:RetainedEarningsMember 2017-03-01 2017-05-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2017-05-31 0000008947 us-gaap:RetainedEarningsMember 2017-08-31 0000008947 us-gaap:CommonStockMember 2017-02-28 0000008947 us-gaap:AdditionalPaidInCapitalMember 2017-08-31 0000008947 2017-05-31 0000008947 us-gaap:RetainedEarningsMember 2017-09-01 2017-11-30 0000008947 us-gaap:RetainedEarningsMember 2017-05-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2017-02-28 0000008947 2017-08-31 0000008947 us-gaap:CommonStockMember 2017-05-31 0000008947 us-gaap:AdditionalPaidInCapitalMember 2017-11-30 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-08-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-06-01 2017-08-31 0000008947 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-02-28 0000008947 azz:PowerGenerationMember 2018-09-01 2018-11-30 0000008947 azz:TrasmissionDistributionMember 2018-03-01 2018-11-30 0000008947 azz:TrasmissionDistributionMember 2018-09-01 2018-11-30 0000008947 azz:IndustrialMember 2018-09-01 2018-11-30 0000008947 azz:IndustrialMember 2018-03-01 2018-11-30 0000008947 azz:PowerGenerationMember 2017-09-01 2017-11-30 0000008947 azz:PowerGenerationMember 2017-03-01 2017-11-30 0000008947 azz:PowerGenerationMember 2018-03-01 2018-11-30 0000008947 azz:TrasmissionDistributionMember 2017-09-01 2017-11-30 0000008947 azz:TrasmissionDistributionMember 2017-03-01 2017-11-30 0000008947 azz:IndustrialMember 2017-09-01 2017-11-30 0000008947 azz:IndustrialMember 2017-03-01 2017-11-30 0000008947 2021-03-01 2022-02-28 0000008947 2019-03-01 2020-02-28 0000008947 2018-12-01 2019-02-28 0000008947 2020-03-01 2021-02-28 0000008947 us-gaap:RestrictedStockUnitsRSUMember 2018-02-28 0000008947 us-gaap:RestrictedStockUnitsRSUMember 2018-03-01 2018-11-30 0000008947 us-gaap:RestrictedStockUnitsRSUMember 2018-11-30 0000008947 us-gaap:StockAppreciationRightsSARSMember 2018-03-01 2018-11-30 0000008947 us-gaap:EmployeeStockMember 2018-11-30 0000008947 us-gaap:RestrictedStockMember 2018-03-01 2018-11-30 0000008947 us-gaap:EmployeeStockMember 2018-03-01 2018-11-30 0000008947 us-gaap:StockAppreciationRightsSARSMember 2018-11-30 0000008947 us-gaap:PerformanceSharesMember 2018-03-01 2018-11-30 0000008947 us-gaap:PerformanceSharesMember 2018-11-30 0000008947 us-gaap:PerformanceSharesMember 2018-02-28 0000008947 us-gaap:StockAppreciationRightsSARSMember 2018-02-28 0000008947 country:CA 2018-02-28 0000008947 azz:OtherCountriesMember 2018-02-28 0000008947 azz:OtherCountriesMember 2018-11-30 0000008947 country:CA 2018-11-30 0000008947 country:US 2018-02-28 0000008947 country:US 2018-11-30 0000008947 us-gaap:CorporateNonSegmentMember 2017-03-01 2017-11-30 0000008947 azz:EnergyMember 2018-03-01 2018-11-30 0000008947 azz:MetalCoatingsMember 2017-03-01 2017-11-30 0000008947 us-gaap:CorporateNonSegmentMember 2017-09-01 2017-11-30 0000008947 azz:MetalCoatingsMember 2018-03-01 2018-11-30 0000008947 us-gaap:CorporateNonSegmentMember 2018-03-01 2018-11-30 0000008947 azz:EnergyMember 2017-03-01 2017-11-30 0000008947 azz:EnergyMember 2017-09-01 2017-11-30 0000008947 us-gaap:CorporateNonSegmentMember 2018-09-01 2018-11-30 0000008947 azz:MetalCoatingsMember 2018-09-01 2018-11-30 0000008947 azz:EnergyMember 2018-09-01 2018-11-30 0000008947 azz:MetalCoatingsMember 2017-09-01 2017-11-30 0000008947 azz:InternationalMember 2017-09-01 2017-11-30 0000008947 country:US 2017-09-01 2017-11-30 0000008947 country:US 2018-09-01 2018-11-30 0000008947 country:US 2018-03-01 2018-11-30 0000008947 country:US 2017-03-01 2017-11-30 0000008947 azz:InternationalMember 2018-03-01 2018-11-30 0000008947 azz:InternationalMember 2018-09-01 2018-11-30 0000008947 azz:InternationalMember 2017-03-01 2017-11-30 0000008947 us-gaap:CorporateMember 2018-02-28 0000008947 azz:EnergyMember 2018-11-30 0000008947 us-gaap:CorporateMember 2018-11-30 0000008947 azz:EnergyMember 2018-02-28 0000008947 azz:MetalCoatingsMember 2018-11-30 0000008947 azz:MetalCoatingsMember 2018-02-28 0000008947 us-gaap:LineOfCreditMember us-gaap:LineOfCreditMember 2018-02-28 0000008947 us-gaap:LineOfCreditMember us-gaap:LineOfCreditMember 2018-11-30 0000008947 azz:UnsecuredSeniorNotesDueMarch2012ThroughMarch2018Member us-gaap:SeniorNotesMember 2018-11-30 0000008947 azz:UnsecuredSeniorNotesDueJanuary2021Member us-gaap:SeniorNotesMember 2018-11-30 0000008947 azz:UnsecuredSeniorNotesDueMarch2012ThroughMarch2018Member us-gaap:SeniorNotesMember 2018-02-28 0000008947 azz:UnsecuredSeniorNotesDueJanuary2021Member us-gaap:SeniorNotesMember 2018-02-28 xbrli:pure iso4217:USD xbrli:shares azz:share_based_compensation_plan xbrli:shares iso4217:USD 16100000 1500000 1300000 13800000 25000 1 73702 0 -1000 1000 -4000 -4000 0 1000 0 1000 -22000 -30000 8000 1000 0 1000 8000 P24M false --02-28 Q3 2019 2018-11-30 10-Q 0000008947 26087191 Large Accelerated Filer AZZ INC 54162000 45072000 141488000 159395000 144000 3120000 -25220000 -29249000 38446000 43944000 569000 2348000 450000 407000 1028209000 554866000 460575000 12768000 1032379000 585807000 436873000 9699000 329154000 367374000 11302000 10651000 20853000 17413000 -651000 -3440000 1248775 0.17 0.51 0.17 0.51 1 1 100000000 100000000 25959000 26087000 25959000 26087000 25959000 26087000 -1632000 24517000 13194000 38328000 51787000 70419000 22698000 32744000 20100000 177041000 487471000 189761000 569175000 1816000 741000 14286000 0 301286000 273000000 2362000 1533000 32962000 34410000 37840000 38068000 4423000 4423000 4422000 4422000 4421000 4421000 4418000 4418000 4426000 4426000 4435000 4435000 -0.01 0.83 0.59 1.63 -0.01 0.83 0.59 1.62 602000 -941000 19011000 22606000 8000000 1684000 700000 -8285000 -810000 -576000 191000 321307000 323541000 31117000 122299000 49755000 155364000 -1968000 28607000 18737000 52868000 -1802000 6925000 3342000 10511000 8416000 2398000 -5867000 -8037000 15754000 13955000 4896000 -9496000 11744000 -1564000 57000 1006000 -9191000 3920000 2518000 953000 0 67000 87000 70000 160893000 134374000 3507000 10267000 3723000 11541000 8948000 9957000 9742000 12688000 98475000 100594000 2544000 1694000 463006000 436501000 1028209000 1032379000 131739000 127815000 300895000 162000000 125000000 14286000 272712000 148000000 125000000 0 286609000 272712000 14211000 -41565000 -54174000 -21329000 38710000 60395000 12062000 12062000 9786000 9786000 -166000 -166000 21682000 15718000 15718000 11244000 11244000 15395000 15395000 42357000 1554000 -12103000 21681000 -8024000 38964000 -3029000 66332000 -24339000 22769000 11532000 18321000 -7084000 63570000 25763000 65581000 -27774000 -14000 -14000 -13000 -13000 -13000 -13000 -41000 -14000 -14000 -13000 -13000 -14000 -14000 -41000 7000 22000 7000 22000 -997000 -997000 5325000 5325000 -1453000 -1453000 2876000 -2256000 -2256000 455000 455000 -2187000 -2187000 -3988000 -1466000 2835000 -2201000 -4029000 19622000 23532000 11696000 1564000 -15000 -90000 -309000 839000 7518000 0 13266000 13279000 32841000 8000000 21533000 13691000 4265000 5171000 273000000 212000000 200000 362000 2013000 1900000 1561000 1674000 216855000 4183000 18254000 194418000 207090000 3775000 16619000 186696000 2940000 2039000 174500000 226000000 63505000 14286000 526018000 555096000 32700000 208158000 126976000 35387000 45795000 107021000 101137000 32355000 175803000 609770000 355895000 123741000 130134000 317526000 292244000 104747000 505023000 239516000 143710000 59879000 35927000 132025000 107491000 35728000 203788000 724539000 415323000 147183000 162033000 385526000 339013000 118867000 605672000 29563000 83335000 26986000 91794000 4810000 3335000 P3Y P3Y P3Y 29710 7290 49.51 55.27 46183 84023 42.00 42.01 70030 109777 83125 148840 54.59 56.62 49.74 48.94 3378 37670 46.65 54.63 5000 1500000 98184 44.46 2845 0 0 148513 98184 43.29 44.46 40.84 43.92 0.00 P7Y P2Y1M1D 0.85 25964000 25994000 25961000 25954000 25959000 26027000 26050000 26087000 35000 42000 37000 37000 42000 1000 30000 0 0 16000 0 0 15000 0 47484 1632000 1597000 35000 1685000 1643000 42000 1327000 1290000 37000 1518000 1481000 37000 -1198000 -1240000 42000 -18000 -19000 1000 -519000 -549000 30000 -14000 -14000 0 1194000 1194000 0 2206000 2190000 16000 1410000 1410000 0 1358000 1358000 0 2301000 2286000 15000 -324000 -324000 0 533136000 -29094000 37739000 25964000 498527000 538709000 -30105000 36654000 25994000 506166000 549089000 -24793000 36391000 25961000 511530000 543776000 -26259000 37138000 25954000 506943000 565203000 -25220000 38446000 25959000 526018000 576400000 -27490000 40545000 26027000 537318000 585925000 -27048000 42787000 26050000 544136000 595878000 -29249000 43944000 26087000 555096000 2683000 -2636000 -47000 2502000 -2452000 -50000 2333000 -2283000 -50000 -47000 -50000 -50000 391000 288000 25965000 26049000 26151000 26092000 25965000 25982000 26064000 26022000 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">The Company and Basis of Presentation</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AZZ Inc. (&#8220;AZZ&#8221;, the &#8220;Company&#8221;, "our" or &#8220;we&#8221;) was established in 1956 and incorporated under the laws of the state of Texas. The Company is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution, refining and industrial markets. The Company has two distinct operating segments: the Energy segment and the Metal Coatings segment. AZZ Energy is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Presentation</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying condensed consolidated balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2018</font><font style="font-family:inherit;font-size:10pt;">, which was derived from audited financial statements, and the unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. These financial statements should be read in conjunction with the audited financial statements and related notes for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2018</font><font style="font-family:inherit;font-size:10pt;">, included in the Company&#8217;s Annual Report on Form 10-K covering such period.&#160;</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our fiscal year ends on the last day of February and is identified as the fiscal year for the calendar year in which it ends. For example, the fiscal year ended February&#160;28, 2019 is referred to as fiscal 2019.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments, consisting only of normal recurring adjustments, which are necessary to present fairly the financial position of the Company as of </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the results of its operations for the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, and cash flows for the nine months ended </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">. These interim results are not necessarily indicative of results for a full year.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Acquisitions</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 22, 2018, the Company purchased certain assets through a bankruptcy sales process from Lectrus Corporation, a privately-held corporation based in Chattanooga, Tennessee. Lectrus designs and manufactures custom metal enclosures and provides electrical and mechanical integration. The acquisition will complement AZZ's current metal enclosure and switchgear businesses.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This acquisition was not significant. Accordingly, disclosures of the purchase price allocation and unaudited pro forma results of operations have not been provided.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Disaggregated Revenue</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue by segment and geography is disclosed in Note 5. In addition, the following table presents disaggregated revenue by customer industry (in thousands):</font></div><div style="line-height:120%;padding-top:12px;text-align:center;text-indent:29px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.140625%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:44%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Industrial - oil and gas, construction, and general</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143,710</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">126,976</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">415,323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">355,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transmission and distribution</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,927</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,795</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">162,033</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">130,134</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Power generation</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,387</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147,183</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">123,741</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total net sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">239,516</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208,158</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">724,539</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">609,770</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Share-based Compensation</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> share-based compensation plan, the 2014 Long Term Incentive Plan (the &#8220;Plan&#8221;). The purpose of the Plan is to promote the growth and prosperity of the Company by permitting the Company to grant to its employees, directors and advisors various types of restricted stock unit awards, performance share units, stock options, and stock appreciation rights to purchase common stock of the Company. The maximum number of shares that may be issued under the Plan is </font><font style="font-family:inherit;font-size:10pt;">1,500,000</font><font style="font-family:inherit;font-size:10pt;"> shares. As of </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had approximately </font><font style="font-family:inherit;font-size:10pt;">1,248,775</font><font style="font-family:inherit;font-size:10pt;"> shares available for future issuance under the Plan. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Restricted Stock Unit Awards</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restricted stock unit awards are valued at the market price of our common stock on the grant date. Awards generally vest ratably over a period of </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> years but these awards may vest earlier in accordance with the Plan&#8217;s accelerated vesting provisions.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A summary of the Company&#8217;s non-vested restricted stock unit award activity for the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> is as follows:</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.765625%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:55%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Restricted</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Stock Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Weighted</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Average Grant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Date&#160;Fair&#160;Value</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-vested balance as of February 28, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">109,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">56.62</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,023</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42.01</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,670</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54.63</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,290</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55.27</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-vested balance as of November 30, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">148,840</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48.94</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Performance Share Unit Awards</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company also grants performance share units ("PSU") awards to certain employees. These PSU awards have a three year performance cycle and will vest and become payable, if at all, on the third anniversary of the award date. The PSU awards are subject to the Company&#8217;s degree of achievement of a target annual average adjusted return on assets during these three-year periods and, in certain circumstances, vesting is based on the relative performance of a predetermined group of peer companies. In addition, these PSU awards may have vesting conditions or certain vesting multipliers, which are based on the Company&#8217;s total shareholder return during such </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year period in comparison to a defined specific industry peer group. The Company estimates the fair value of PSU awards with performance and service conditions using the value of the Company's common stock on the date of grant. The Company estimates the fair value of PSU awards with market conditions using a Monte Carlo simulation model on the date of grant.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A summary of the Company&#8217; non-vested performance share unit award activity for the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> is as follows:</font></div><div style="line-height:120%;padding-top:6px;text-align:center;padding-left:36px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:80.078125%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Performance <br clear="none"/>Stock Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Weighted<br clear="none"/>Average Grant<br clear="none"/>Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-vested balance as of February 28, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,030</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54.59</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,183</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42.00</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,378</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46.65</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(29,710</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49.51</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-vested balance as of November 30, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">83,125</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49.74</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Stock Appreciation Rights</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock appreciation rights are granted with an exercise price equal to the market value of our common stock on the date of grant. These awards generally have a contractual term of </font><font style="font-family:inherit;font-size:10pt;">7</font><font style="font-family:inherit;font-size:10pt;"> years and vest ratably over a period of </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> years although some may vest immediately on issuance. These awards are valued using the Black-Scholes option-pricing model.</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A summary of the Company&#8217;s stock appreciation rights activity for the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> is as follows:</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">SARs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Weighted&#160;Average</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Exercise&#160;Price</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding as of February&#160;28, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">148,513</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43.29</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(47,484</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40.84</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,845</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43.92</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding as of November 30, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98,184</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44.46</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercisable as of November 30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98,184</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44.46</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The average remaining contractual term for those stock appreciation rights outstanding and those stock appreciation rights that were exercisable as of </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">2.09</font><font style="font-family:inherit;font-size:10pt;"> years, with an aggregate intrinsic value of </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Employee Stock Purchase Plan</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company also has an Employee Stock Purchase Plan, which allows employees of the Company to purchase common stock of the Company through accumulated payroll deductions. Offerings under this plan have a duration of </font><font style="font-family:inherit;font-size:10pt;">24 months</font><font style="font-family:inherit;font-size:10pt;"> (the "offering period"). On the first day of an offering period (the &#8220;enrollment date&#8221;) the participant is granted the option to purchase shares on each exercise date at the lower of </font><font style="font-family:inherit;font-size:10pt;">85%</font><font style="font-family:inherit;font-size:10pt;"> of the market value of a share of our common stock on the enrollment date or the exercise date. The participant&#8217;s right to purchase common stock under the plan is restricted to no more than </font><font style="font-family:inherit;font-size:10pt;">$25,000</font><font style="font-family:inherit;font-size:10pt;"> per calendar year and the participant may not purchase more than </font><font style="font-family:inherit;font-size:10pt;">5,000</font><font style="font-family:inherit;font-size:10pt;"> shares during any offering period. Participants may terminate their interest in a given offering or a given exercise period by withdrawing all of their accumulated payroll deductions at any time prior to the end of the offering period. The fair value of the estimated number of shares to be issued under each offering is determined using the Black-Scholes option-pricing model. For the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company issued </font><font style="font-family:inherit;font-size:10pt;">73,702</font><font style="font-family:inherit;font-size:10pt;"> shares under the Company's Employee Stock Purchase Plan. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Share-based Compensation Expense</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Share-based compensation expense and related income tax benefits related to all the plans listed above were as follows (in thousands):</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:73.046875%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Compensation expense</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,335</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,810</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax benefits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">700</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,684</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unrecognized compensation cost related to restricted stock units, performance share unit awards, stock appreciation rights, and the Company's Employee Stock Purchase Plan at </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> totals </font><font style="font-family:inherit;font-size:10pt;">$8.0 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s policy is to issue shares required under these plans from the Company&#8217;s authorized but unissued shares.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Earnings (Loss) Per Share</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings (loss) per share is based on the weighted average number of shares outstanding during each period, adjusted for the dilutive effect of stock awards. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, expect per share data):</font></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:46%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Numerator:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) for basic and diluted earnings per common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,395</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(166</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,357</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,682</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator for basic earnings per common share&#8211;weighted average shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,064</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,965</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,022</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,982</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effect of dilutive securities:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Employee and director stock awards</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator for diluted earnings per common share</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,151</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,965</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,092</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,049</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings (loss) per share basic and diluted:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings (loss) per common share</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.59</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.01</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.63</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.83</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted earnings (loss) per common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.59</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.01</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.62</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.83</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the three months ended November 30, 2017,&#160;approximately 0.1 million&#160;shares related to employee and director stock awards were excluded from the diluted shares outstanding count as the effect was anti-dilutive.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:4px;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents fixed assets by geographic region for each period (in thousands):</font></div><div style="line-height:120%;padding-left:4px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:center;padding-left:36px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:79.21951219512195%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:23%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:23%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">November&#160;30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">February&#160;28, 2018</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property, plant and equipment, net:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">186,696</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">194,418</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Canada</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,619</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,254</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other countries</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,775</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,183</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">207,090</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">216,855</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Debt</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's debt consisted of the following for each of the periods presented (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.3359375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:61%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">November&#160;30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">February&#160;28, 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">2011 Senior Notes</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">125,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">125,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2008 Senior Notes</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,286</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017 Revolving Credit Facility</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">148,000</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">162,000</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total debt</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">273,000</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">301,286</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unamortized debt issuance costs for Senior Notes</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(288</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(391</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total debt, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">272,712</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">300,895</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less amount due within one year</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,286</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Debt due after one year, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">272,712</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">286,609</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March&#160;31, 2018, the Company made the final principal payment of $14.3 million to fully settle the 2008 Senior Notes on the scheduled maturity date.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Standards Recently Adopted</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 1, 2018, the Company adopted Accounting Standards Update ("ASU") No. 2014-09,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606) </font><font style="font-family:inherit;font-size:10pt;">and the related amendments ("ASC 606") using the modified retrospective method applied to those contracts which were not completed as of February 28, 2018. Results for operating periods beginning on or after March 1, 2018 are presented under ASC 606, while prior period amounts have not been adjusted and continue to be reported in accordance with the accounting standards in effect for those periods. However, for the three and nine months ended November 30, 2018, the impact of applying ASC 606 as opposed to applying legacy accounting guidance did not result in a significant change to reported revenues or costs of revenues. Accordingly, no reconciliation has been provided to show the difference between applying ASC 606 and legacy guidance for the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;">. In addition, there was no cumulative effect adjustment to the beginning retained earnings on March 1, 2018 related to the adoption. See Note&#160;2&#160;for a description of the Company's accounting policy resulting from the adoption of ASC 606.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 1, 2018, the Company adopted ASU No.&#160;2016-15,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments</font><font style="font-family:inherit;font-size:10pt;">, which clarifies the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The adoption did not have a material impact on the Company's consolidated statements of cash flows.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">. Under the new guidance, a lessee will be required to recognize assets and liabilities for all leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease.&#160;</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company expects to early adopt this standard in the fourth quarter of fiscal year 2019, which will be retrospectively applied to the beginning of fiscal year 2019. The standard, as subsequently amended, does not require full retrospective adoption, thus periods prior to fiscal year 2019 will not be adjusted and any impacts of transitioning to the new standard will be reflected with a cumulative effect adjustment to the opening balance of retained earnings in the year of adoption.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In preparing for the adoption of this standard, the Company is substantially complete in assessing its portfolio of leases for accounting and disclosure purposes. The Company is also progressing with the design of the future lease accounting procedures, policies and related internal controls and with the implementation of lease accounting software. While the Company has not yet completed its evaluation of the financial statement impact of the new lease accounting standard, the Company expects that the adoption will result in a significant increase in assets and liabilities related to operating leases in its consolidated balance sheets. However, the Company does not expect to record a significant cumulative effect adjustment as a result of adopting the standard.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">The Company and Basis of Presentation</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AZZ Inc. (&#8220;AZZ&#8221;, the &#8220;Company&#8221;, "our" or &#8220;we&#8221;) was established in 1956 and incorporated under the laws of the state of Texas. The Company is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution, refining and industrial markets. The Company has two distinct operating segments: the Energy segment and the Metal Coatings segment. AZZ Energy is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Presentation</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying condensed consolidated balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2018</font><font style="font-family:inherit;font-size:10pt;">, which was derived from audited financial statements, and the unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. These financial statements should be read in conjunction with the audited financial statements and related notes for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">February&#160;28, 2018</font><font style="font-family:inherit;font-size:10pt;">, included in the Company&#8217;s Annual Report on Form 10-K covering such period.&#160;</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our fiscal year ends on the last day of February and is identified as the fiscal year for the calendar year in which it ends. For example, the fiscal year ended February&#160;28, 2019 is referred to as fiscal 2019.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments, consisting only of normal recurring adjustments, which are necessary to present fairly the financial position of the Company as of </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the results of its operations for the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, and cash flows for the nine months ended </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">. These interim results are not necessarily indicative of results for a full year.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Standards Recently Adopted</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 1, 2018, the Company adopted Accounting Standards Update ("ASU") No. 2014-09,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606) </font><font style="font-family:inherit;font-size:10pt;">and the related amendments ("ASC 606") using the modified retrospective method applied to those contracts which were not completed as of February 28, 2018. Results for operating periods beginning on or after March 1, 2018 are presented under ASC 606, while prior period amounts have not been adjusted and continue to be reported in accordance with the accounting standards in effect for those periods. However, for the three and nine months ended November 30, 2018, the impact of applying ASC 606 as opposed to applying legacy accounting guidance did not result in a significant change to reported revenues or costs of revenues. Accordingly, no reconciliation has been provided to show the difference between applying ASC 606 and legacy guidance for the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;">. In addition, there was no cumulative effect adjustment to the beginning retained earnings on March 1, 2018 related to the adoption. See Note&#160;2&#160;for a description of the Company's accounting policy resulting from the adoption of ASC 606.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 1, 2018, the Company adopted ASU No.&#160;2016-15,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments</font><font style="font-family:inherit;font-size:10pt;">, which clarifies the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The adoption did not have a material impact on the Company's consolidated statements of cash flows.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">. Under the new guidance, a lessee will be required to recognize assets and liabilities for all leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease.&#160;</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company expects to early adopt this standard in the fourth quarter of fiscal year 2019, which will be retrospectively applied to the beginning of fiscal year 2019. The standard, as subsequently amended, does not require full retrospective adoption, thus periods prior to fiscal year 2019 will not be adjusted and any impacts of transitioning to the new standard will be reflected with a cumulative effect adjustment to the opening balance of retained earnings in the year of adoption.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In preparing for the adoption of this standard, the Company is substantially complete in assessing its portfolio of leases for accounting and disclosure purposes. The Company is also progressing with the design of the future lease accounting procedures, policies and related internal controls and with the implementation of lease accounting software. While the Company has not yet completed its evaluation of the financial statement impact of the new lease accounting standard, the Company expects that the adoption will result in a significant increase in assets and liabilities related to operating leases in its consolidated balance sheets. However, the Company does not expect to record a significant cumulative effect adjustment as a result of adopting the standard.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Warranty Reserves</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A reserve has been established to provide for the estimated future cost of warranties on a portion of the Company&#8217;s delivered products and is classified within other accrued liabilities on the consolidated balance sheets.&#160;Management periodically reviews the reserves and makes adjustments accordingly.&#160;Warranties cover such factors as non-conformance to specifications and defects in material and workmanship.&#160;</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table shows the changes in the warranty reserves for the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:91.9921875%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Warranty&#160;Reserve</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Balance at February&#160;28, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,013</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Warranty costs incurred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,674</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Additions charged to income</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,561</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at November 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Asset balances by segment for each period were as follows (in thousands):</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:61.46341463414634%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:31%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:30%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:30%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">November&#160;30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">February&#160;28, 2018</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Energy</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">585,807</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">554,866</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Metal Coatings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">436,873</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">460,575</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,699</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,768</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,032,379</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,028,209</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents revenues by geographic region for each period (in thousands):</font></div><div style="line-height:120%;padding-left:4px;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:90.34146341463415%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:40%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">203,788</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">175,803</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">605,672</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">505,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">International </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,728</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,355</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">118,867</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">104,747</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">239,516</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208,158</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">724,539</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">609,770</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue recognition</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determines revenue recognition through the following steps:</font></div><div style="line-height:120%;padding-left:0px;padding-top:12px;text-align:left;text-indent:30px;"><font style="padding-top:12px;text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">1)</font><font style="font-family:inherit;font-size:10pt;">Identification of the contract with a customer,</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:30px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">2)</font><font style="font-family:inherit;font-size:10pt;">Identification of the performance obligations in the contract,</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:30px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">3)</font><font style="font-family:inherit;font-size:10pt;">Determination of the transaction price,</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:30px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">4)</font><font style="font-family:inherit;font-size:10pt;">Allocation of the transaction price to performance obligations in the contract, and</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:30px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">5)</font><font style="font-family:inherit;font-size:10pt;">Recognition of revenue when, or as, the Company satisfies a performance obligation</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">Revenue is recognized when control of the promised goods or services is transferred to the Company&#8217;s customers, in an amount that reflects the consideration that it expects to be entitled to in exchange for those goods or services.</font><font style="font-family:inherit;font-size:11pt;"> </font><font style="font-family:inherit;font-size:10pt;">The amount and timing of revenue recognition varies by segment based on the nature of the goods or services provided and the terms and conditions of the customer contract.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Energy Segment</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AZZ's Energy segment is a provider of specialized products and services designed to support industrial, nuclear and electrical applications. Within this segment, the contract is governed by a customer purchase order and an executed product or services agreement. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of either custom built products, custom services, or off-the-shelf products. When the Company does enter into an arrangement with multiple performance obligations, the transaction price is allocated to each performance obligation based on the relative standalone selling prices of the goods or services being provided to the customer and revenue is recognized upon the satisfaction of each performance obligation. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For custom built products, the Company recognizes revenues over time provided that the goods do not have an alternative use to the Company and the Company has an unconditional right to payment for work completed to date plus a reasonable margin. For custom services, which consist of specialized welding and other professional services, the Company recognizes revenues over time as the services are rendered due to the fact that the services enhance a customer owned asset. For off-the-shelf products, which consist of tubing and lighting products, the Company recognizes revenue at a point-in-time upon the transfer of the goods to the customer.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For services and custom built products, the Company recognizes revenues over time using a cost-to-cost input measure. This requires the Company to estimate the total contract revenues, costs and margin, which can involve significant management judgment. As a significant change in one or more of these estimates could affect the profitability of the Company&#8217;s contracts, management reviews and updates its contract related estimates regularly. The Company recognizes adjustments in estimated margin on contracts under a cumulative catch-up basis and subsequent revenues are recognized using the adjusted estimate. If the estimate of contract margin indicates an anticipated loss on the contract, the Company recognizes the total estimated loss in the period it is identified.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due to the custom nature of the goods and services provided, contracts within the Energy segment are often modified to account for changes in contract specifications and requirements. A contract modification exists when the modification either creates new, or changes the existing, enforceable rights and obligations in the contract. For the Company, most contract modifications are related to goods or services that are not distinct from those in the original contract due to the significant interrelationship or interdependencies between the deliverables. Such modifications are accounted for as if they were part of the original contract. As a result, the transaction price and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue on a cumulative catch-up basis. </font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition to fixed consideration, the Company&#8217;s contracts within its Energy segment can include variable consideration, including claims, incentive fees, liquidated damages or other penalties. The Company recognizes revenue for variable consideration when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company estimates the amount of revenue to be recognized on variable consideration using the expected value or the most likely amount method, whichever is expected to better predict the amount.&#160;</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Metal Coatings Segment</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AZZ&#8217;s Metal Coatings segment is a provider of hot dip galvanizing, powder coating and other metal coating applications to the steel fabrication industry. Within this segment, the contract is governed by a customer purchase order or work order. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of metal coating services. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes revenue over time as the metal coating is applied to the customer provided material as the process enhances a customer controlled asset. Contract modifications are rare within this segment and most contracts are on a fixed price basis with no variable consideration.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Contract Assets and Liabilities</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The timing of revenue recognition, billings and cash collections results in accounts receivable, contract assets (unbilled receivables), and contract liabilities (customer advances and deposits) on the consolidated balance sheet, primarily related to the Company&#8217;s Energy segment. Amounts are billed as work progresses in accordance with agreed upon contractual terms, either at periodic intervals (e.g., weekly or monthly) or upon achievement of contractual milestones. Billing can occur subsequent to revenue recognition, resulting in contract assets. In addition, the Company can receive advances or deposits from its customers, before revenue is recognized, resulting in contract liabilities. These assets and liabilities are reported on the consolidated balance sheet on a contract-by-contract basis at the end of each reporting period.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the nine months ended </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized </font><font style="font-family:inherit;font-size:10pt;">$20.1 million</font><font style="font-family:inherit;font-size:10pt;"> of revenues from amounts that were included in contract liabilities at February 28, 2018. The Company did not record any revenues for the three or nine months ended </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> related to performance obligations satisfied in prior periods. The Company expects to recognize revenues of approximately </font><font style="font-family:inherit;font-size:10pt;">$13.8 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$16.1 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$1.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> in fiscal </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2020</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2021</font><font style="font-family:inherit;font-size:10pt;"> and 2022, respectively, related to the </font><font style="font-family:inherit;font-size:10pt;">$32.7 million</font><font style="font-family:inherit;font-size:10pt;"> balance of contract liabilities as of </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The increases or decreases in accounts receivable, contract assets and contract liabilities during the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> were due primarily to normal timing differences between the Company&#8217;s performance and customer payments. The Lectrus acquisition described in Note 8 had no impact on contract assets or liabilities as of the date of acquisition.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">No general rights of return exist for customers and the Company establishes provisions for estimated warranties. The Company generally does not sell extended warranties. Revenue is recognized net of applicable sales and other taxes. The Company does not adjust the contract price for the effects of a significant financing component if the Company expects, at contract inception, that the period between when the Company transfers a good or service to a customer and when the customer pays for that good or service will be one year or less, which is generally the case. Sales commissions are deferred and recognized over the same period as the related revenues. Shipping and handling is treated as a fulfillment obligation instead of a separate performance obligation and such costs are expensed as incurred.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Disaggregated Revenue</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue by segment and geography is disclosed in Note 5. In addition, the following table presents disaggregated revenue by customer industry (in thousands):</font></div><div style="line-height:120%;padding-top:12px;text-align:center;text-indent:29px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.140625%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:44%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Industrial - oil and gas, construction, and general</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143,710</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">126,976</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">415,323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">355,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transmission and distribution</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,927</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,795</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">162,033</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">130,134</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Power generation</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,387</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147,183</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">123,741</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total net sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">239,516</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208,158</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">724,539</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">609,770</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Share-based compensation expense and related income tax benefits related to all the plans listed above were as follows (in thousands):</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:73.046875%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Compensation expense</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,335</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,810</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax benefits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">700</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,684</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's debt consisted of the following for each of the periods presented (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.3359375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:61%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">November&#160;30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">February&#160;28, 2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">2011 Senior Notes</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">125,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">125,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2008 Senior Notes</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,286</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017 Revolving Credit Facility</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">148,000</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">162,000</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total debt</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">273,000</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">301,286</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unamortized debt issuance costs for Senior Notes</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(288</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(391</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total debt, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">272,712</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">300,895</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less amount due within one year</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,286</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Debt due after one year, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">272,712</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">286,609</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March&#160;31, 2018, the Company made the final principal payment of $14.3 million to fully settle the 2008 Senior Notes on the scheduled maturity date.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, expect per share data):</font></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:46%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Numerator:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) for basic and diluted earnings per common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,395</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(166</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,357</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,682</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator for basic earnings per common share&#8211;weighted average shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,064</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,965</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,022</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,982</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effect of dilutive securities:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Employee and director stock awards</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denominator for diluted earnings per common share</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,151</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,965</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,092</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,049</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings (loss) per share basic and diluted:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings (loss) per common share</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.59</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.01</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.63</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.83</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted earnings (loss) per common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.59</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.01</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.62</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.83</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the three months ended November 30, 2017,&#160;approximately 0.1 million&#160;shares related to employee and director stock awards were excluded from the diluted shares outstanding count as the effect was anti-dilutive.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> non-vested performance share unit award activity for the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> is as follows:</font></div><div style="line-height:120%;padding-top:6px;text-align:center;padding-left:36px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:80.078125%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Performance <br clear="none"/>Stock Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Weighted<br clear="none"/>Average Grant<br clear="none"/>Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-vested balance as of February 28, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,030</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54.59</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,183</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42.00</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,378</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46.65</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(29,710</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49.51</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-vested balance as of November 30, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">83,125</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49.74</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> non-vested restricted stock unit award activity for the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> is as follows:</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.765625%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:55%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:21%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Restricted</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Stock Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Weighted</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Average Grant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Date&#160;Fair&#160;Value</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-vested balance as of February 28, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">109,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">56.62</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,023</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42.01</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,670</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54.63</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,290</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55.27</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-vested balance as of November 30, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">148,840</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48.94</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table shows the changes in the warranty reserves for the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:91.9921875%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Warranty&#160;Reserve</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Balance at February&#160;28, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,013</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Warranty costs incurred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,674</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Additions charged to income</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,561</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at November 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,900</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales and operating income by segment for each period were as follows (in thousands):</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:90.34146341463415%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:40%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Energy</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">132,025</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107,021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">385,526</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">317,526</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Metal Coatings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107,491</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101,137</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">339,013</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">292,244</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total net sales</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">239,516</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208,158</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">724,539</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">609,770</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating income (loss):</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Energy</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,532</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,103</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,763</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,029</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Metal Coatings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,321</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,681</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,581</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">66,332</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,084</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,024</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(27,774</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(24,339</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total operating income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,769</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,554</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">63,570</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,964</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A summary of the Company&#8217;s stock appreciation rights activity for the </font><font style="font-family:inherit;font-size:10pt;">nine month period ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">November&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> is as follows:</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">SARs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Weighted&#160;Average</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Exercise&#160;Price</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding as of February&#160;28, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">148,513</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43.29</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(47,484</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40.84</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,845</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43.92</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding as of November 30, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98,184</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44.46</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercisable as of November 30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98,184</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44.46</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Segments</font></div><div style="line-height:120%;padding-top:12px;padding-left:36px;text-indent:-36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Segment Information</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales and operating income by segment for each period were as follows (in thousands):</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:90.34146341463415%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:40%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Energy</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">132,025</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107,021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">385,526</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">317,526</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Metal Coatings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107,491</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101,137</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">339,013</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">292,244</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total net sales</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">239,516</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208,158</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">724,539</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">609,770</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating income (loss):</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Energy</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,532</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,103</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,763</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,029</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Metal Coatings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,321</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,681</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,581</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">66,332</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,084</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,024</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(27,774</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(24,339</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total operating income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,769</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,554</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">63,570</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,964</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Asset balances by segment for each period were as follows (in thousands):</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:61.46341463414634%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:31%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:30%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:30%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">November&#160;30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">February&#160;28, 2018</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Energy</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">585,807</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">554,866</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Metal Coatings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">436,873</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">460,575</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,699</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,768</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,032,379</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,028,209</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the second quarter of fiscal 2019, the Company recognized impairment charges of $0.8 million, which were classified within cost of sales in the consolidated statement of income and were related to property, plant and equipment in the Metal Coatings segment that was vacated or abandoned upon the consolidation of two galvanizing facilities in the Gulf Coast region of the United States. As part of the consolidation of facilities, the Company also recognized $0.5 million in employee severance and other disposal costs in the second quarter of fiscal 2019, which were also classified within cost of sales in the consolidated statement of income.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:12px;padding-left:36px;text-indent:-36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Financial Information About Geographical Areas</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents revenues by geographic region for each period (in thousands):</font></div><div style="line-height:120%;padding-left:4px;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:90.34146341463415%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:40%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">203,788</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">175,803</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">605,672</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">505,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">International </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,728</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,355</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">118,867</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">104,747</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">239,516</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208,158</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">724,539</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">609,770</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;padding-left:4px;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents fixed assets by geographic region for each period (in thousands):</font></div><div style="line-height:120%;padding-left:4px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:center;padding-left:36px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:79.21951219512195%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:23%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:23%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">November&#160;30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">February&#160;28, 2018</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property, plant and equipment, net:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">186,696</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">194,418</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Canada</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,619</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,254</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other countries</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,775</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,183</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">207,090</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">216,855</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Summary of Significant Accounting Policies</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s significant accounting policies are detailed in Note 1 of its Annual Report on Form 10-K for the year ended February 28, 2018. The following section includes revised accounting policies related to the adoption of ASC 606.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue recognition</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determines revenue recognition through the following steps:</font></div><div style="line-height:120%;padding-left:0px;padding-top:12px;text-align:left;text-indent:30px;"><font style="padding-top:12px;text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">1)</font><font style="font-family:inherit;font-size:10pt;">Identification of the contract with a customer,</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:30px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">2)</font><font style="font-family:inherit;font-size:10pt;">Identification of the performance obligations in the contract,</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:30px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">3)</font><font style="font-family:inherit;font-size:10pt;">Determination of the transaction price,</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:30px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">4)</font><font style="font-family:inherit;font-size:10pt;">Allocation of the transaction price to performance obligations in the contract, and</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:30px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:18px;">5)</font><font style="font-family:inherit;font-size:10pt;">Recognition of revenue when, or as, the Company satisfies a performance obligation</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">Revenue is recognized when control of the promised goods or services is transferred to the Company&#8217;s customers, in an amount that reflects the consideration that it expects to be entitled to in exchange for those goods or services.</font><font style="font-family:inherit;font-size:11pt;"> </font><font style="font-family:inherit;font-size:10pt;">The amount and timing of revenue recognition varies by segment based on the nature of the goods or services provided and the terms and conditions of the customer contract.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Energy Segment</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AZZ's Energy segment is a provider of specialized products and services designed to support industrial, nuclear and electrical applications. Within this segment, the contract is governed by a customer purchase order and an executed product or services agreement. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of either custom built products, custom services, or off-the-shelf products. When the Company does enter into an arrangement with multiple performance obligations, the transaction price is allocated to each performance obligation based on the relative standalone selling prices of the goods or services being provided to the customer and revenue is recognized upon the satisfaction of each performance obligation. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For custom built products, the Company recognizes revenues over time provided that the goods do not have an alternative use to the Company and the Company has an unconditional right to payment for work completed to date plus a reasonable margin. For custom services, which consist of specialized welding and other professional services, the Company recognizes revenues over time as the services are rendered due to the fact that the services enhance a customer owned asset. For off-the-shelf products, which consist of tubing and lighting products, the Company recognizes revenue at a point-in-time upon the transfer of the goods to the customer.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For services and custom built products, the Company recognizes revenues over time using a cost-to-cost input measure. This requires the Company to estimate the total contract revenues, costs and margin, which can involve significant management judgment. As a significant change in one or more of these estimates could affect the profitability of the Company&#8217;s contracts, management reviews and updates its contract related estimates regularly. The Company recognizes adjustments in estimated margin on contracts under a cumulative catch-up basis and subsequent revenues are recognized using the adjusted estimate. If the estimate of contract margin indicates an anticipated loss on the contract, the Company recognizes the total estimated loss in the period it is identified.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due to the custom nature of the goods and services provided, contracts within the Energy segment are often modified to account for changes in contract specifications and requirements. A contract modification exists when the modification either creates new, or changes the existing, enforceable rights and obligations in the contract. For the Company, most contract modifications are related to goods or services that are not distinct from those in the original contract due to the significant interrelationship or interdependencies between the deliverables. Such modifications are accounted for as if they were part of the original contract. As a result, the transaction price and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue on a cumulative catch-up basis. </font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition to fixed consideration, the Company&#8217;s contracts within its Energy segment can include variable consideration, including claims, incentive fees, liquidated damages or other penalties. The Company recognizes revenue for variable consideration when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company estimates the amount of revenue to be recognized on variable consideration using the expected value or the most likely amount method, whichever is expected to better predict the amount.&#160;</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Metal Coatings Segment</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AZZ&#8217;s Metal Coatings segment is a provider of hot dip galvanizing, powder coating and other metal coating applications to the steel fabrication industry. Within this segment, the contract is governed by a customer purchase order or work order. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of metal coating services. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes revenue over time as the metal coating is applied to the customer provided material as the process enhances a customer controlled asset. Contract modifications are rare within this segment and most contracts are on a fixed price basis with no variable consideration.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Contract Assets and Liabilities</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The timing of revenue recognition, billings and cash collections results in accounts receivable, contract assets (unbilled receivables), and contract liabilities (customer advances and deposits) on the consolidated balance sheet, primarily related to the Company&#8217;s Energy segment. Amounts are billed as work progresses in accordance with agreed upon contractual terms, either at periodic intervals (e.g., weekly or monthly) or upon achievement of contractual milestones. Billing can occur subsequent to revenue recognition, resulting in contract assets. In addition, the Company can receive advances or deposits from its customers, before revenue is recognized, resulting in contract liabilities. These assets and liabilities are reported on the consolidated balance sheet on a contract-by-contract basis at the end of each reporting period.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the nine months ended </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized </font><font style="font-family:inherit;font-size:10pt;">$20.1 million</font><font style="font-family:inherit;font-size:10pt;"> of revenues from amounts that were included in contract liabilities at February 28, 2018. The Company did not record any revenues for the three or nine months ended </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> related to performance obligations satisfied in prior periods. The Company expects to recognize revenues of approximately </font><font style="font-family:inherit;font-size:10pt;">$13.8 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$16.1 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$1.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> in fiscal </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2020</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2021</font><font style="font-family:inherit;font-size:10pt;"> and 2022, respectively, related to the </font><font style="font-family:inherit;font-size:10pt;">$32.7 million</font><font style="font-family:inherit;font-size:10pt;"> balance of contract liabilities as of </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The increases or decreases in accounts receivable, contract assets and contract liabilities during the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">November 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> were due primarily to normal timing differences between the Company&#8217;s performance and customer payments. The Lectrus acquisition described in Note 8 had no impact on contract assets or liabilities as of the date of acquisition.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">No general rights of return exist for customers and the Company establishes provisions for estimated warranties. The Company generally does not sell extended warranties. Revenue is recognized net of applicable sales and other taxes. The Company does not adjust the contract price for the effects of a significant financing component if the Company expects, at contract inception, that the period between when the Company transfers a good or service to a customer and when the customer pays for that good or service will be one year or less, which is generally the case. Sales commissions are deferred and recognized over the same period as the related revenues. Shipping and handling is treated as a fulfillment obligation instead of a separate performance obligation and such costs are expensed as incurred.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Disaggregated Revenue</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue by segment and geography is disclosed in Note 5. In addition, the following table presents disaggregated revenue by customer industry (in thousands):</font></div><div style="line-height:120%;padding-top:12px;text-align:center;text-indent:29px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.140625%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:44%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended November 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended November 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Industrial - oil and gas, construction, and general</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143,710</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">126,976</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">415,323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">355,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transmission and distribution</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,927</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,795</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">162,033</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">130,134</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Power generation</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,387</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147,183</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">123,741</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total net sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">239,516</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208,158</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">724,539</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">609,770</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> EX-101.SCH 7 azz-20181130.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2110100 - Disclosure - Acquisitions link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - Acquisitions (Details) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - Acquisitions (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Basis of Presentation (Notes) link:presentationLink link:calculationLink link:definitionLink 2201201 - Disclosure - Basis of Presentation (Policies) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - Condensed Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - Condensed consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1003501 - Statement - Condensed Consolidated Statements of Comprehensive Income (Parenthetical) (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - Condensed Consolidated Statements of Comprehensive Income (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - Condensed Consolidated Statements of Income (Unaudited) link:presentationLink link:calculationLink link:definitionLink 1006000 - Statement - Consolidated Statement of Shareholders' Equity - Q Statement link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Debt link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Debt (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Debt (Tables) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - Earnings Per Share link:presentationLink link:calculationLink link:definitionLink 2403402 - Disclosure - Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 2303301 - Disclosure - Earnings Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Segments link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - Segments (Details) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - Segments (Tables) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - Stock-based Compensation link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - Stock-based Compensation (Details) link:presentationLink link:calculationLink link:definitionLink 2404403 - Disclosure - Stock-based Compensation (Details 1) link:presentationLink link:calculationLink link:definitionLink 2404404 - Disclosure - Stock-based Compensation (Details 2) link:presentationLink link:calculationLink link:definitionLink 2404405 - Disclosure - Stock-based Compensation (Details Textual) link:presentationLink link:calculationLink link:definitionLink 2304301 - Disclosure - Stock-based Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 2102100 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2402403 - Disclosure - Summary of Significant Accounting Policies (Details) link:presentationLink link:calculationLink link:definitionLink 2402404 - Disclosure - Summary of Significant Accounting Policies Disaggregation of Revenue (Details) link:presentationLink link:calculationLink link:definitionLink 2202201 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2402405 - Disclosure - Summary of Significant Accounting Policies Revenue Details (Details) link:presentationLink link:calculationLink link:definitionLink 2302302 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - Warranty Reserves link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Warranty Reserves (Details) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - Warranty Reserves (Tables) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 azz-20181130_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 9 azz-20181130_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 10 azz-20181130_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Accounting Policies [Abstract] Disaggregation of Revenue [Table Text Block] Disaggregation of Revenue [Table Text Block] Debt [Abstract] Debt [Abstract] Schedule of Debt [Table Text Block] Schedule of Debt [Table Text Block] Product Warranties Disclosures [Abstract] Movement in Standard Product Warranty Accrual [Roll Forward] Movement in Standard Product Warranty Accrual [Roll Forward] Opening Balance Standard and Extended Product Warranty Accrual Warranty costs incurred Product Warranty Expense Closing Balance Product Warranty Accrual, Warranties Issued Standard and Extended Product Warranty Accrual, Increase for Warranties Issued Revenue from Contract with Customer [Abstract] Revenue, Initial Application Period Cumulative Effect Transition [Table] Revenue, Initial Application Period Cumulative Effect Transition [Table] Initial Application Period Cumulative Effect Transition [Axis] Initial Application Period Cumulative Effect Transition [Axis] Initial Application Period Cumulative Effect Transition [Domain] Initial Application Period Cumulative Effect Transition [Domain] Adjustments for New Accounting Pronouncements [Axis] Adjustments for New Accounting Pronouncements [Axis] Type of Adoption [Domain] Type of Adoption [Domain] Revenue, Initial Application Period Cumulative Effect Transition [Line Items] Revenue, Initial Application Period Cumulative Effect Transition [Line Items] Contract with Customer, Liability, Revenue Recognized Contract with Customer, Liability, Revenue Recognized Future Revenues Future Revenues Future Revenues Revenue, Remaining Performance Obligation Revenue, Remaining Performance Obligation Significant Accounting Policies [Text Block] Significant Accounting Policies [Text Block] Share-based Compensation [Abstract] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Award Type [Axis] Award Type [Axis] Award Type [Domain] Equity Award [Domain] Restricted Stock Units (RSUs) [Member] Restricted Stock Units (RSUs) [Member] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] Non-vested balance as of February 28, 2018 Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Granted (shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Vested (shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Forfeited (shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period Non-vested balance as of November 30, 2018 Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract] Non-vested balance as of February 28, 2018 Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Granted, Weighted Average Grant Date Fair Value (usd per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value Vested, Weighted Average Grant Date Fair Value (usd per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value Forfeited, Weighted Average Grant Date Fair Value (usd per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value Non-vested balance as of November 30, 2018 Document and Entity Information [Abstract] Document and entity information. Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Document Type Document Type Document Period End Date Document Period End Date Amendment Flag Amendment Flag Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Revenue Recognition Revenue Recognition, Policy [Policy Text Block] Restricted Stock [Member] Restricted Stock [Member] Performance Shares [Member] Performance Shares [Member] Stock Appreciation Rights (SARs) [Member] Stock Appreciation Rights (SARs) [Member] Employee Stock [Member] Employee Stock [Member] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Share Based Compensation (Textual) [Abstract] Share Based Compensation (Textual) [Abstract] Share based compensation. Number Of Share-Based Compensation Plans Number Of Share-Based Compensation Plans Number Of Share-Based Compensation Plans Shares authorized (shares) Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized Share for future issuance (shares) Common Stock, Capital Shares Reserved for Future Issuance Vesting ratably term Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period Term for the contract Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term Outstanding Average contractual term Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term Outstanding Aggregate intrinsic value Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value Average remaining contractual term Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term Aggregate remaining intrinsic value Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value Term of offering under stock purchase plan Term of Offering under Stock Purchase Plan Term of offering under stock purchase plan. Granted option lower than Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent Restricted common stock under plan Maximum Value of Common Stock Participants Have Rights to Purchase Maximum value of common stock participants have rights to purchase. Common stock purchased during period (shares) Share-based Compensation Arrangement by Share-based Payment Award, Maximum Number of Shares Per Employee Unrecognized compensation cost Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized Share-based Compensation Arrangement, By Share-based Payment Award, Common Shares Estimated To Be Issued Share-based Compensation Arrangement, By Share-based Payment Award, Common Shares Estimated To Be Issued Share-based Compensation Arrangement, By Share-based Payment Award, Common Shares Estimated To Be Issued Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value Treasury Stock, Shares, Acquired Treasury Stock, Shares, Acquired Treasury Stock Acquired, Average Cost Per Share Treasury Stock Acquired, Average Cost Per Share Share-based Compensation Share-based Compensation Share based compensation expense and related income tax benefits Employee Service Share-based Compensation, Aggregate Disclosures [Abstract] Compensation Expense Allocated Share-based Compensation Expense Income tax benefits Employee Service Share-based Compensation, Tax Benefit from Compensation Expense Statement of Cash Flows [Abstract] Cash Flows From Operating Activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Net income (loss) Net Income (Loss) Attributable to Parent Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Provision for doubtful accounts Provision for Doubtful Accounts Amortization and depreciation Depreciation, Depletion and Amortization, Nonproduction Deferred income taxes Deferred Income Tax Expense (Benefit) Net loss on property, plant and equipment due to impairment Gain (Loss) on Disposition of Assets Net loss (gain) on sale of property, plant and equipment Gain (Loss) on Disposition of Property Plant Equipment Amortization of deferred borrowing costs Amortization of Debt Issuance Costs Share-based compensation expense Effects of changes in assets and liabilities: Increase (Decrease) in Operating Capital [Abstract] Accounts receivable Increase (Decrease) in Accounts Receivable Inventories Increase (Decrease) in Inventories Prepaid expenses and other Increase (Decrease) in Prepaid Expense and Other Assets Other assets Increase (Decrease) in Other Operating Assets Net change in contract assets and liabilities Increase (Decrease) in Billing in Excess of Cost of Earnings Accounts payable Increase (Decrease) in Accounts Payable Other accrued liabilities and income taxes payable Increase (Decrease) in Other Operating Liabilities Net cash provided by operating activities Net Cash Provided by (Used in) Operating Activities Cash Flows Used For Investing Activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Proceeds from sale of property, plant and equipment Proceeds from Sale of Property, Plant, and Equipment Purchase of Property, Plant and Equipment Payments to Acquire Property, Plant, and Equipment Acquisition of Subsidiaries, Net of Cash Acquired Payments to Acquire Businesses, Net of Cash Acquired Net Cash From Investing Activities Net Cash Provided by (Used in) Investing Activities Cash Flows From Financing Activities: Net Cash Provided by (Used in) Financing Activities [Abstract] Excess Tax Benefits From Stock Options and Stock Appreciation Rights Excess Tax Benefit from Share-based Compensation, Financing Activities Proceeds from revolving loan Proceeds from Lines of Credit Payments on revolving loan Repayments of Lines of Credit Proceeds on Long Term Debt Proceeds from Issuance of Long-term Debt Payments on Long Term Debt Repayments of Long-term Debt Payments for Repurchase of Common Stock Payments for Repurchase of Common Stock Payments of Dividends Payments of Dividends Net Cash Used In Financing Activities Net Cash Provided by (Used in) Financing Activities Effect of Exchange Rate Changes on Cash Effect of Exchange Rate on Cash and Cash Equivalents Net Increase (Decrease) In Cash & Cash Equivalents Cash and Cash Equivalents, Period Increase (Decrease) Cash & Cash Equivalents At Beginning of Period Cash and Cash Equivalents, at Carrying Value Cash & Cash Equivalents At End of Period Supplemental Disclosures Supplemental Cash Flow Information [Abstract] Cash Paid For Interest Interest Paid Cash Paid For Income Taxes Income Taxes Paid Earnings Per Share [Abstract] Earnings Per Share Earnings Per Share [Text Block] Plan Name [Axis] Plan Name [Axis] Plan Name [Domain] Plan Name [Domain] Award Date [Axis] Award Date [Axis] Award Date [Domain] Award Date [Domain] Class of Stock [Axis] Class of Stock [Axis] Class of Stock [Domain] Class of Stock [Domain] Range [Axis] Range [Axis] Range [Domain] Range [Domain] Vesting [Axis] Vesting [Axis] Vesting [Domain] Vesting [Domain] Share-based Compensation, Performance Shares Award Unvested Activity [Table Text Block] Schedule of Nonvested Performance-based Units Activity [Table Text Block] Restricted Stock Unit Awards Non-Vested Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] Stock Appreciation Rights and Option Awards Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity [Table Text Block] Share-based compensation expense and related income tax Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block] Debt Disclosure [Abstract] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Credit Facility [Axis] Credit Facility [Axis] Credit Facility [Domain] Credit Facility [Domain] Line of Credit [Member] Line of Credit [Member] Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Senior Notes [Member] Senior Notes [Member] Medium-term Notes [Member] Medium-term Notes [Member] Term Note [Member] Term Note [Member] Term Note [Member] Debt Instrument [Axis] Debt Instrument [Axis] Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] Unsecured Senior Notes Due January 2021 [Member] Unsecured Senior Notes Due January 2021 [Member] Unsecured Senior Notes Due January 2021 [Member] Unsecured Senior Notes Due March 2012 through March 2018 [Member] Unsecured Senior Notes Due March 2012 through March 2018 [Member] Unsecured Senior Notes Due March 2012 through March 2018 [Member] Term Not Due in Quarterly Installments Beginning in June 2013 through March 2018 [Member] Term Not Due in Quarterly Installments Beginning in June 2013 through March 2018 [Member] Term Note, due in quarterly installments beginning in June 2013 through March 2018 [Member] Variable Rate [Axis] Variable Rate [Axis] Variable Rate [Domain] Variable Rate [Domain] Debt Instrument, Redemption, Period [Axis] Debt Instrument, Redemption, Period [Axis] Debt Instrument, Redemption, Period [Domain] Debt Instrument, Redemption, Period [Domain] Debt Instrument [Line Items] Debt Instrument [Line Items] Long-term Debt Long-term Debt Long-term Debt, Gross Long-term Debt, Gross Unamortized Debt Issuance Expense Unamortized Debt Issuance Expense Debt, Current Debt, Current Long-term Debt, Excluding Current Maturities Long-term Debt, Excluding Current Maturities Changes in the warranty reserves Schedule of Product Warranty Liability [Table Text Block] Statement of Financial Position [Abstract] Accounts Receivable, Allowance for Doubtful Accounts Allowance for Doubtful Accounts Receivable, Current Common Stock, Par Value (usd per share) Common Stock, Par or Stated Value Per Share Common Stock, Shares Authorized (shares) Common Stock, Shares Authorized Common Stock, Shares Issued (shares) Common Stock, Shares, Issued Common Stock, Shares, Outstanding Common Stock, Shares, Outstanding Organization, Consolidation and Presentation of Financial Statements [Abstract] Basis of Presentation Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Disaggregation of Revenue [Abstract] Disaggregation of Revenue [Table] Disaggregation of Revenue [Table] Industry [Axis] Industry [Axis] Industry [Axis] Industry [Domain] Industry [Domain] [Domain] for Industry [Axis] Industrial [Member] Industrial [Member] Industrial [Member] Trasmission & Distribution [Member] Trasmission & Distribution [Member] Trasmission & Distribution [Member] Power Generation [Member] Power Generation [Member] Power Generation [Member] Disaggregation of Revenue [Line Items] Disaggregation of Revenue [Line Items] Revenue, Net Revenue, Net Segment Reporting [Abstract] Segments Segment Reporting Disclosure [Text Block] Segment [Abstract] Segment [Abstract] Schedule of Segment Reporting Information, by Segment [Table] Schedule of Segment Reporting Information, by Segment [Table] Consolidation Items [Axis] Consolidation Items [Axis] Consolidation Items [Domain] Consolidation Items [Domain] Segments [Axis] Segments [Axis] Segments [Domain] Segments [Domain] Subsegments [Axis] Subsegments [Axis] Subsegments [Domain] Subsegments [Domain] Subsegments Consolidation Items [Axis] Subsegments Consolidation Items [Axis] Subsegments Consolidation Items [Domain] Subsegments Consolidation Items [Domain] Segment Reporting Information [Line Items] Segment Reporting Information [Line Items] Schedule of Segment Reporting Information, by Segment [Table Text Block] Schedule of Segment Reporting Information, by Segment [Table Text Block] Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] Reconciliation of Assets from Segment to Consolidated [Table Text Block] Reconciliation of Assets from Segment to Consolidated [Table Text Block] Revenue from External Customers by Geographic Areas [Table Text Block] Revenue from External Customers by Geographic Areas [Table Text Block] Long-lived Assets by Geographic Areas [Table Text Block] Long-lived Assets by Geographic Areas [Table Text Block] Stock-based Compensation Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Basis of Presentation Basis of Accounting, Policy [Policy Text Block] New Accounting Pronouncements New Accounting Pronouncements, Policy [Policy Text Block] Computation of basic and diluted earnings per share Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Income Statement [Abstract] Net sales Costs and Expenses Operating Costs and Expenses [Abstract] Cost of sales Cost of Goods Sold Gross margin Gross Profit Selling, general and administrative Selling, General and Administrative Expense Operating income Operating Income (Loss) Interest expense Interest Expense Other (income) expense, net Other Nonoperating Income (Expense) Income (loss) before income taxes Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest Income tax expense (benefit) Income Tax Expense (Benefit) Net income (loss) Earnings Per Common Share Basic Earnings Per Share (usd per share) Earnings Per Share, Basic Diluted Earnings Per Share (usd per share) Earnings Per Share, Diluted Common Stock, Dividends, Per Share, Declared Common Stock, Dividends, Per Share, Declared Business Combinations [Abstract] Business Combination Disclosure [Text Block] Business Combination Disclosure [Text Block] Geographical [Axis] Geographical [Axis] Geographical [Domain] Geographical [Domain] UNITED STATES UNITED STATES CANADA CANADA Other Countries [Member] Other Countries [Member] Other Countries [Member] International [Member] International [Member] International [Member] Geography Eliminations [Member] Geography Eliminations [Member] Energy Energy [Member] Energy Metal Coatings Metal Coatings [Member] Metal Coatings [Member] Corporate Corporate, Non-Segment [Member] Corporate Corporate Segment [Member] Property, Plant and Equipment, Net Property, Plant and Equipment, Net Number of operating segments Number of Operating Segments Operations and assets by segment Operations and Assets by Segment [Abstract] Operations and assets by segment. Operating Income Assets Assets Statement of Comprehensive Income [Abstract] Interest rate swap, income tax Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax Assets Assets [Abstract] Current assets: Assets, Current [Abstract] Cash and cash equivalents Accounts receivable (net of allowance for doubtful accounts of $2,348 as of November 30, 2018 and $569 as of February 28, 2018) Accounts Receivable, Net, Current Inventories: Inventory, Net [Abstract] Raw material Inventory, Raw Materials, Gross Work-in-process Inventory, Work in Process, Gross Finished goods Inventory, Finished Goods, Gross Contract assets Contract with Customer, Asset, Net Prepaid expenses and other Prepaid Expense and Other Assets Total current assets Assets, Current Property, plant and equipment, net Goodwill Goodwill Intangibles and other assets, net Intangible Assets, Net (Excluding Goodwill) Total assets Liabilities and Shareholders’ Equity Liabilities and Equity [Abstract] Current liabilities: Liabilities, Current [Abstract] Accounts payable Accounts Payable, Current Income tax payable Accrued Income Taxes, Current Accrued salaries and wages Employee-related Liabilities, Current Other accrued liabilities Other Liabilities, Current Customer deposits Customer Advances, Current Contract liabilities Contract with Customer, Liability Debt due within one year Total current liabilities Liabilities, Current Debt due after one year, net Other long-term liabilities Other Liabilities, Noncurrent Deferred income taxes Deferred Tax Liabilities, Net, Noncurrent Total liabilities Liabilities Commitments and contingencies Commitments and Contingencies Shareholders’ equity: Stockholders' Equity Attributable to Parent [Abstract] Common stock, $1 par, shares authorized 100,000; 26,087 shares issued and outstanding at November 30, 2018 and 25,959 shares issued and outstanding at February 28, 2018 Common Stock, Value, Issued Capital in excess of par value Additional Paid in Capital, Common Stock Retained earnings Retained Earnings (Accumulated Deficit) Accumulated other comprehensive loss Accumulated Other Comprehensive Income (Loss), Net of Tax Total shareholders’ equity Stockholders' Equity Attributable to Parent Total liabilities and shareholders' equity Liabilities and Equity Statement of Stockholders' Equity - test [Abstract] Statement of Stockholders' Equity - test [Abstract] Statement [Table] Statement [Table] Scenario [Axis] Scenario [Axis] Scenario, Unspecified [Domain] Scenario, Unspecified [Domain] Report Date [Axis] Report Date [Axis] Financial Statement Filing Date [Domain] Financial Statement Filing Date [Domain] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Common Stock Common Stock [Member] Capital in Excess of Par Value Additional Paid-in Capital [Member] Retained Earnings Retained Earnings [Member] Accumulated Other Comprehensive Income (Loss) AOCI Attributable to Parent [Member] Treasury Stock, Common [Member] Treasury Stock, Common [Member] Adjustments for Change in Accounting Principle [Axis] Adjustments for Change in Accounting Principle [Axis] Adjustments for Change in Accounting Principle [Domain] Adjustments for Change in Accounting Principle [Domain] Adjustments for Error Corrections [Axis] Adjustments for Error Corrections [Axis] Adjustments for Error Correction [Domain] Adjustments for Error Correction [Domain] Statement [Line Items] Statement [Line Items] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Balance (shares) Shares, Issued Balance Stock Compensation (shares) Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures Restricted Stock Units (shares) Stock Issued During Period, Shares, Restricted Stock Award, Gross Stock Compensation Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures Restricted Stock Units Stock Issued During Period, Value, Restricted Stock Award, Gross Stock Issued For Stock Appreciation Rights Stock Issued For Stock Appreciation Rights Stock Issued For Stock Appreciation Rights Employee Stock Purchase Plan (shares) Stock Issued During Period, Shares, Employee Stock Purchase Plans Stock Issued for Stock Appreciation Rights Shares Stock Issued for Stock Appreciation Rights Shares Stock issued for stock appreciation rights shares. Employee Stock Purchase Plan Stock Issued During Period, Value, Employee Stock Purchase Plan Treasury Stock, Shares, Retired Treasury Stock, Shares, Retired Treasury Stock, Common, Value Treasury Stock, Value, Acquired, Cost Method Treasury Stock, Retired, Par Value Method, Amount Treasury Stock, Retired, Par Value Method, Amount Cash Dividend Paid Dividends, Cash Foreign Currency Translation Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax Interest rate swap Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax Balance (shares) Balance Computation of basic and diluted earnings per share Schedule of Earnings Per Share Basic and Diluted [Abstract] -- None. No documentation exists for this element. -- Numerator: Numerator [Abstract] -- None. No documentation exists for this element. -- Net income for basic and diluted earnings per common share Denominator: Denominator [Abstract] -- None. No documentation exists for this element. -- Denominator for basic earnings per common share-weighted average shares (shares) Weighted Average Number of Shares Outstanding, Basic Effect of dilutive securities: Dilutive Securities, Effect on Basic Earnings Per Share [Abstract] Employee and Director stock awards (shares) Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements Denominator for diluted earnings per common share (shares) Weighted Average Number of Shares Outstanding, Diluted Earnings per share basic and diluted: Basic and Diluted Earning Per Share [Abstract] -- None. No documentation exists for this element. -- Basic earnings per Common share (usd per share) Diluted earnings per common share (usd per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments, Number of Shares [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments, Number of Shares [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments, Number of Shares [Roll Forward] Granted (shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross Exercised (shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period Forfeited (shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period Outstanding as of November 30, 2018 Share Based Compensation Arrangement by Share Based Payment Award Options and Other than Option Outstanding Number Share based compensation arrangement by share based payment award options and other than option outstanding number. Exercisable as of November 30, 2018 Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number Share-based Compensation Arrangement by Share-based Payment Award, Equity Instrument, Weighted Average Grant Date Fair Value [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instrument, Weighted Average Grant Date Fair Value [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instrument, Weighted Average Grant Date Fair Value [Roll Forward] Granted, Weighted Average Exercise Price (usd per share) Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price Exercised, Weighted Average Exercise Price (usd per share) Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price Forfeited, Weighted Average Exercise Price (usd per share) Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price Outstanding as of November 30, 2018 Share Based Compensation Arrangement by Share Based Payment Award Options and Other than Option Outstanding Weighted Average Exercise Price Share based compensation arrangement by share based payment award options and other than option outstanding weighted average exercise price. Exercisable as of November 30, 2018 Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price Weighted average fair value of options and SARs granted during the period ended Share Based Compensation Arrangement by Share Based Payment Award Options and Other than Option Grants in Period Weighted Average Grant Date Fair Value Share based compensation arrangement by share based payment award options and other than option grants in period weighted average grant date fair value. Other comprehensive income (loss): Other Comprehensive Income (Loss), Net of Tax [Abstract] Foreign currency translation adjustments, net of income tax of $0 Interest rate swap, net of income tax of $7, $7, $22 and $22, respectively. Other comprehensive income (loss) Other Comprehensive Income (Loss), Net of Tax Comprehensive income (loss) Comprehensive Income (Loss), Net of Tax, Attributable to Parent Warranty Reserves Product Warranty Disclosure [Text Block] Long-term Debt [Text Block] Long-term Debt [Text Block] EX-101.PRE 11 azz-20181130_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 12 azzlogo6a05.jpg begin 644 azzlogo6a05.jpg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end XML 13 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document and Entity Information
 9 Months Ended
Nov. 30, 2018
shares
Document and Entity Information [Abstract]  
Entity Registrant Name AZZ INC
Entity Central Index Key 0000008947
Document Type 10-Q
Document Period End Date Nov. 30, 2018
Amendment Flag false
Document Fiscal Year Focus 2019
Document Fiscal Period Focus Q3
Current Fiscal Year End Date --02-28
Entity Filer Category Large Accelerated Filer
Entity Common Stock, Shares Outstanding 26,087,191
XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2018
Feb. 28, 2018
Current assets:    
Cash and cash equivalents $ 17,413 $ 20,853
Accounts receivable (net of allowance for doubtful accounts of $2,348 as of November 30, 2018 and $569 as of February 28, 2018) 159,395 141,488
Inventories:    
Raw material 100,594 98,475
Work-in-process 1,694 2,544
Finished goods 12,688 9,742
Contract assets 70,419 51,787
Prepaid expenses and other 5,171 4,265
Total current assets 367,374 329,154
Property, plant and equipment, net 207,090 216,855
Goodwill 323,541 321,307
Intangibles and other assets, net 134,374 160,893
Total assets 1,032,379 1,028,209
Current liabilities:    
Accounts payable 45,072 54,162
Income tax payable 3,120 144
Accrued salaries and wages 22,606 19,011
Other accrued liabilities 23,532 19,622
Customer deposits 741 1,816
Contract liabilities 32,744 22,698
Debt due within one year 0 14,286
Total current liabilities 127,815 131,739
Debt due after one year, net 272,712 286,609
Other long-term liabilities 1,564 11,696
Deferred income taxes 34,410 32,962
Total liabilities 436,501 463,006
Shareholders’ equity:    
Common stock, $1 par, shares authorized 100,000; 26,087 shares issued and outstanding at November 30, 2018 and 25,959 shares issued and outstanding at February 28, 2018 26,087 25,959
Capital in excess of par value 43,944 38,446
Retained earnings 555,096 526,018
Accumulated other comprehensive loss (29,249) (25,220)
Total shareholders’ equity 595,878 565,203
Total liabilities and shareholders' equity $ 1,032,379 $ 1,028,209
XML 15 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed consolidated Balance Sheets (Parenthetical) - USD ($)
shares in Thousands, $ in Thousands
Nov. 30, 2018
Feb. 28, 2018
Statement of Financial Position [Abstract]    
Accounts Receivable, Allowance for Doubtful Accounts $ 2,348 $ 569
Common Stock, Par Value (usd per share) $ 1 $ 1
Common Stock, Shares Authorized (shares) 100,000 100,000
Common Stock, Shares Issued (shares) 26,087 25,959
Common Stock, Shares, Outstanding 26,087 25,959
XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Income Statement [Abstract]        
Net sales $ 239,516 $ 208,158 $ 724,539 $ 609,770
Costs and Expenses        
Cost of sales 189,761 177,041 569,175 487,471
Gross margin 49,755 31,117 155,364 122,299
Selling, general and administrative 26,986 29,563 91,794 83,335
Operating income 22,769 1,554 63,570 38,964
Interest expense 3,723 3,507 11,541 10,267
Other (income) expense, net 309 15 (839) 90
Income (loss) before income taxes 18,737 (1,968) 52,868 28,607
Income tax expense (benefit) 3,342 (1,802) 10,511 6,925
Net income (loss) $ 15,395 $ (166) $ 42,357 $ 21,682
Earnings Per Common Share        
Basic Earnings Per Share (usd per share) $ 0.59 $ (0.01) $ 1.63 $ 0.83
Diluted Earnings Per Share (usd per share) 0.59 (0.01) 1.62 0.83
Common Stock, Dividends, Per Share, Declared $ 0.17 $ 0.17 $ 0.51 $ 0.51
XML 17 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 15,395 $ (166) $ 42,357 $ 21,682
Other comprehensive income (loss):        
Foreign currency translation adjustments, net of income tax of $0 (2,187) (1,453) (3,988) 2,876
Interest rate swap, net of income tax of $7, $7, $22 and $22, respectively. (14) (13) (41) (41)
Other comprehensive income (loss) (2,201) (1,466) (4,029) 2,835
Comprehensive income (loss) $ 13,194 $ (1,632) $ 38,328 $ 24,517
XML 18 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Comprehensive Income (Parenthetical) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Statement of Comprehensive Income [Abstract]        
Interest rate swap, income tax $ 7 $ 7 $ 22 $ 22
XML 19 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Cash Flows From Operating Activities:    
Net income (loss) $ 42,357 $ 21,682
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for doubtful accounts 2,039 2,940
Amortization and depreciation 38,068 37,840
Deferred income taxes 1,533 2,362
Net loss on property, plant and equipment due to impairment 810 8,285
Net loss (gain) on sale of property, plant and equipment (191) 576
Amortization of deferred borrowing costs 407 450
Share-based compensation expense 3,335 4,810
Effects of changes in assets and liabilities:    
Accounts receivable (13,955) (15,754)
Inventories 1,564 (11,744)
Prepaid expenses and other (953) (2,518)
Other assets (1,006) (57)
Net change in contract assets and liabilities (9,496) 4,896
Accounts payable (8,037) (5,867)
Other accrued liabilities and income taxes payable 3,920 (9,191)
Net cash provided by operating activities 60,395 38,710
Cash Flows Used For Investing Activities:    
Proceeds from sale of property, plant and equipment 362 200
Purchase of Property, Plant and Equipment (13,691) (21,533)
Acquisition of Subsidiaries, Net of Cash Acquired (8,000) (32,841)
Net Cash From Investing Activities (21,329) (54,174)
Cash Flows From Financing Activities:    
Proceeds from revolving loan 212,000 273,000
Payments on revolving loan (226,000) (174,500)
Payments on Long Term Debt (14,286) (63,505)
Payments for Repurchase of Common Stock 0 (7,518)
Payments of Dividends (13,279) (13,266)
Net Cash Used In Financing Activities (41,565) 14,211
Effect of Exchange Rate Changes on Cash (941) 602
Net Increase (Decrease) In Cash & Cash Equivalents (3,440) (651)
Cash & Cash Equivalents At Beginning of Period 20,853 11,302
Cash & Cash Equivalents At End of Period 17,413 10,651
Supplemental Disclosures    
Cash Paid For Interest 9,957 8,948
Cash Paid For Income Taxes $ 2,398 $ 8,416
XML 20 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statement of Shareholders' Equity - Q Statement - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Balance (shares) at Feb. 28, 2017   25,964      
Balance at Feb. 28, 2017 $ 533,136 $ 25,964 $ 37,739 $ 498,527 $ (29,094)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock Compensation (shares)   0      
Restricted Stock Units (shares)   42      
Stock Compensation 1,194 $ 0 1,194    
Restricted Stock Units (1,198) $ 42 (1,240)    
Employee Stock Purchase Plan (shares)   35      
Employee Stock Purchase Plan 1,632 $ 35 1,597    
Treasury Stock, Shares, Retired   (47)      
Treasury Stock, Retired, Par Value Method, Amount (2,683) $ 47 2,636    
Cash Dividend Paid (4,423)     (4,423)  
Net income (loss) 12,062     12,062  
Foreign Currency Translation (997)       (997)
Interest rate swap (14)       (14)
Balance (shares) at May. 31, 2017   25,994      
Balance at May. 31, 2017 538,709 $ 25,994 36,654 506,166 (30,105)
Balance (shares) at Feb. 28, 2017   25,964      
Balance at Feb. 28, 2017 533,136 $ 25,964 37,739 498,527 (29,094)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 21,682        
Foreign Currency Translation 2,876        
Interest rate swap (41)        
Balance (shares) at Nov. 30, 2017   25,954      
Balance at Nov. 30, 2017 543,776 $ 25,954 37,138 506,943 (26,259)
Balance (shares) at May. 31, 2017   25,994      
Balance at May. 31, 2017 538,709 $ 25,994 36,654 506,166 (30,105)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock Compensation (shares)   16      
Stock Compensation 2,206 $ 16 2,190    
Stock Issued For Stock Appreciation Rights 0 $ 1 (1)    
Stock Issued for Stock Appreciation Rights Shares   1      
Treasury Stock, Shares, Retired   (50)      
Treasury Stock, Retired, Par Value Method, Amount (2,502) $ 50 2,452    
Cash Dividend Paid (4,422)     (4,422)  
Net income (loss) 9,786     9,786  
Foreign Currency Translation 5,325       5,325
Interest rate swap (13)       (13)
Balance (shares) at Aug. 31, 2017   25,961      
Balance at Aug. 31, 2017 549,089 $ 25,961 36,391 511,530 (24,793)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock Compensation (shares)   0      
Restricted Stock Units (shares)   1      
Stock Compensation 1,410 $ 0 1,410    
Restricted Stock Units (18) 1 (19)    
Stock Issued For Stock Appreciation Rights (4) $ 0 (4)    
Employee Stock Purchase Plan (shares)   42      
Stock Issued for Stock Appreciation Rights Shares   0      
Employee Stock Purchase Plan 1,685 $ 42 1,643    
Treasury Stock, Shares, Retired   (50)      
Treasury Stock, Retired, Par Value Method, Amount (2,333) $ 50 2,283    
Cash Dividend Paid (4,421)     (4,421)  
Net income (loss) (166)     (166)  
Foreign Currency Translation (1,453)       (1,453)
Interest rate swap (13)       (13)
Balance (shares) at Nov. 30, 2017   25,954      
Balance at Nov. 30, 2017 543,776 $ 25,954 37,138 506,943 (26,259)
Balance (shares) at Feb. 28, 2018   25,959      
Balance at Feb. 28, 2018 565,203 $ 25,959 38,446 526,018 (25,220)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock Compensation (shares)   0      
Restricted Stock Units (shares)   30      
Stock Compensation 1,358 $ 0 1,358    
Restricted Stock Units (519) 30 (549)    
Stock Issued For Stock Appreciation Rights 1 $ 1 0    
Employee Stock Purchase Plan (shares)   37      
Stock Issued for Stock Appreciation Rights Shares   1      
Employee Stock Purchase Plan 1,327 $ 37 1,290    
Cash Dividend Paid (4,418)     (4,418)  
Net income (loss) 15,718     15,718  
Foreign Currency Translation (2,256)       (2,256)
Interest rate swap (14)       (14)
Balance (shares) at May. 31, 2018   26,027      
Balance at May. 31, 2018 576,400 $ 26,027 40,545 537,318 (27,490)
Balance (shares) at Feb. 28, 2018   25,959      
Balance at Feb. 28, 2018 565,203 $ 25,959 38,446 526,018 (25,220)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 42,357        
Foreign Currency Translation (3,988)        
Interest rate swap (41)        
Balance (shares) at Nov. 30, 2018   26,087      
Balance at Nov. 30, 2018 595,878 $ 26,087 43,944 555,096 (29,249)
Balance (shares) at May. 31, 2018   26,027      
Balance at May. 31, 2018 576,400 $ 26,027 40,545 537,318 (27,490)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock Compensation (shares)   15      
Restricted Stock Units (shares)   0      
Stock Compensation 2,301 $ 15 2,286    
Restricted Stock Units (14) 0 (14)    
Stock Issued For Stock Appreciation Rights (22) $ 8 (30)    
Stock Issued for Stock Appreciation Rights Shares   8      
Cash Dividend Paid (4,426)     (4,426)  
Net income (loss) 11,244     11,244  
Foreign Currency Translation 455       455
Interest rate swap (13)       (13)
Balance (shares) at Aug. 31, 2018   26,050      
Balance at Aug. 31, 2018 585,925 $ 26,050 42,787 544,136 (27,048)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock Compensation (shares)   0      
Stock Compensation (324) $ 0 (324)    
Employee Stock Purchase Plan (shares)   37      
Employee Stock Purchase Plan 1,518 $ 37 1,481    
Cash Dividend Paid (4,435)     (4,435)  
Net income (loss) 15,395     15,395  
Foreign Currency Translation (2,187)       (2,187)
Interest rate swap (14)       (14)
Balance (shares) at Nov. 30, 2018   26,087      
Balance at Nov. 30, 2018 $ 595,878 $ 26,087 $ 43,944 $ 555,096 $ (29,249)
XML 21 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Basis of Presentation (Notes)
 9 Months Ended
Nov. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation
The Company and Basis of Presentation
AZZ Inc. (“AZZ”, the “Company”, "our" or “we”) was established in 1956 and incorporated under the laws of the state of Texas. The Company is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution, refining and industrial markets. The Company has two distinct operating segments: the Energy segment and the Metal Coatings segment. AZZ Energy is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry.
Presentation
The accompanying condensed consolidated balance sheet as of February 28, 2018, which was derived from audited financial statements, and the unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. These financial statements should be read in conjunction with the audited financial statements and related notes for the fiscal year ended February 28, 2018, included in the Company’s Annual Report on Form 10-K covering such period. 
Our fiscal year ends on the last day of February and is identified as the fiscal year for the calendar year in which it ends. For example, the fiscal year ended February 28, 2019 is referred to as fiscal 2019.
In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments, consisting only of normal recurring adjustments, which are necessary to present fairly the financial position of the Company as of November 30, 2018, the results of its operations for the three and nine months ended November 30, 2018 and 2017, and cash flows for the nine months ended November 30, 2018 and 2017. These interim results are not necessarily indicative of results for a full year.
Accounting Standards Recently Adopted
On March 1, 2018, the Company adopted Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) and the related amendments ("ASC 606") using the modified retrospective method applied to those contracts which were not completed as of February 28, 2018. Results for operating periods beginning on or after March 1, 2018 are presented under ASC 606, while prior period amounts have not been adjusted and continue to be reported in accordance with the accounting standards in effect for those periods. However, for the three and nine months ended November 30, 2018, the impact of applying ASC 606 as opposed to applying legacy accounting guidance did not result in a significant change to reported revenues or costs of revenues. Accordingly, no reconciliation has been provided to show the difference between applying ASC 606 and legacy guidance for the three and nine months ended November 30, 2018. In addition, there was no cumulative effect adjustment to the beginning retained earnings on March 1, 2018 related to the adoption. See Note 2 for a description of the Company's accounting policy resulting from the adoption of ASC 606.
On March 1, 2018, the Company adopted ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, which clarifies the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The adoption did not have a material impact on the Company's consolidated statements of cash flows.
Recently Issued Accounting Pronouncements
In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-02, Leases (Topic 842). Under the new guidance, a lessee will be required to recognize assets and liabilities for all leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. 
The Company expects to early adopt this standard in the fourth quarter of fiscal year 2019, which will be retrospectively applied to the beginning of fiscal year 2019. The standard, as subsequently amended, does not require full retrospective adoption, thus periods prior to fiscal year 2019 will not be adjusted and any impacts of transitioning to the new standard will be reflected with a cumulative effect adjustment to the opening balance of retained earnings in the year of adoption.
In preparing for the adoption of this standard, the Company is substantially complete in assessing its portfolio of leases for accounting and disclosure purposes. The Company is also progressing with the design of the future lease accounting procedures, policies and related internal controls and with the implementation of lease accounting software. While the Company has not yet completed its evaluation of the financial statement impact of the new lease accounting standard, the Company expects that the adoption will result in a significant increase in assets and liabilities related to operating leases in its consolidated balance sheets. However, the Company does not expect to record a significant cumulative effect adjustment as a result of adopting the standard.
XML 22 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies
 9 Months Ended
Nov. 30, 2018
Accounting Policies [Abstract]  
Significant Accounting Policies [Text Block]
Summary of Significant Accounting Policies
The Company’s significant accounting policies are detailed in Note 1 of its Annual Report on Form 10-K for the year ended February 28, 2018. The following section includes revised accounting policies related to the adoption of ASC 606.
Revenue recognition
The Company determines revenue recognition through the following steps:
1)Identification of the contract with a customer,
2)Identification of the performance obligations in the contract,
3)Determination of the transaction price,
4)Allocation of the transaction price to performance obligations in the contract, and
5)Recognition of revenue when, or as, the Company satisfies a performance obligation
Revenue is recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration that it expects to be entitled to in exchange for those goods or services. The amount and timing of revenue recognition varies by segment based on the nature of the goods or services provided and the terms and conditions of the customer contract.
Energy Segment
AZZ's Energy segment is a provider of specialized products and services designed to support industrial, nuclear and electrical applications. Within this segment, the contract is governed by a customer purchase order and an executed product or services agreement. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of either custom built products, custom services, or off-the-shelf products. When the Company does enter into an arrangement with multiple performance obligations, the transaction price is allocated to each performance obligation based on the relative standalone selling prices of the goods or services being provided to the customer and revenue is recognized upon the satisfaction of each performance obligation. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.
For custom built products, the Company recognizes revenues over time provided that the goods do not have an alternative use to the Company and the Company has an unconditional right to payment for work completed to date plus a reasonable margin. For custom services, which consist of specialized welding and other professional services, the Company recognizes revenues over time as the services are rendered due to the fact that the services enhance a customer owned asset. For off-the-shelf products, which consist of tubing and lighting products, the Company recognizes revenue at a point-in-time upon the transfer of the goods to the customer.
For services and custom built products, the Company recognizes revenues over time using a cost-to-cost input measure. This requires the Company to estimate the total contract revenues, costs and margin, which can involve significant management judgment. As a significant change in one or more of these estimates could affect the profitability of the Company’s contracts, management reviews and updates its contract related estimates regularly. The Company recognizes adjustments in estimated margin on contracts under a cumulative catch-up basis and subsequent revenues are recognized using the adjusted estimate. If the estimate of contract margin indicates an anticipated loss on the contract, the Company recognizes the total estimated loss in the period it is identified.
Due to the custom nature of the goods and services provided, contracts within the Energy segment are often modified to account for changes in contract specifications and requirements. A contract modification exists when the modification either creates new, or changes the existing, enforceable rights and obligations in the contract. For the Company, most contract modifications are related to goods or services that are not distinct from those in the original contract due to the significant interrelationship or interdependencies between the deliverables. Such modifications are accounted for as if they were part of the original contract. As a result, the transaction price and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue on a cumulative catch-up basis.
In addition to fixed consideration, the Company’s contracts within its Energy segment can include variable consideration, including claims, incentive fees, liquidated damages or other penalties. The Company recognizes revenue for variable consideration when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company estimates the amount of revenue to be recognized on variable consideration using the expected value or the most likely amount method, whichever is expected to better predict the amount. 
Metal Coatings Segment
AZZ’s Metal Coatings segment is a provider of hot dip galvanizing, powder coating and other metal coating applications to the steel fabrication industry. Within this segment, the contract is governed by a customer purchase order or work order. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of metal coating services. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.
The Company recognizes revenue over time as the metal coating is applied to the customer provided material as the process enhances a customer controlled asset. Contract modifications are rare within this segment and most contracts are on a fixed price basis with no variable consideration.
Contract Assets and Liabilities
The timing of revenue recognition, billings and cash collections results in accounts receivable, contract assets (unbilled receivables), and contract liabilities (customer advances and deposits) on the consolidated balance sheet, primarily related to the Company’s Energy segment. Amounts are billed as work progresses in accordance with agreed upon contractual terms, either at periodic intervals (e.g., weekly or monthly) or upon achievement of contractual milestones. Billing can occur subsequent to revenue recognition, resulting in contract assets. In addition, the Company can receive advances or deposits from its customers, before revenue is recognized, resulting in contract liabilities. These assets and liabilities are reported on the consolidated balance sheet on a contract-by-contract basis at the end of each reporting period.
For the nine months ended November 30, 2018, the Company recognized $20.1 million of revenues from amounts that were included in contract liabilities at February 28, 2018. The Company did not record any revenues for the three or nine months ended November 30, 2018 related to performance obligations satisfied in prior periods. The Company expects to recognize revenues of approximately $13.8 million, $16.1 million, $1.5 million and $1.3 million in fiscal 2019, 2020, 2021 and 2022, respectively, related to the $32.7 million balance of contract liabilities as of November 30, 2018.
The increases or decreases in accounts receivable, contract assets and contract liabilities during the three and nine months ended November 30, 2018 were due primarily to normal timing differences between the Company’s performance and customer payments. The Lectrus acquisition described in Note 8 had no impact on contract assets or liabilities as of the date of acquisition.
Other
No general rights of return exist for customers and the Company establishes provisions for estimated warranties. The Company generally does not sell extended warranties. Revenue is recognized net of applicable sales and other taxes. The Company does not adjust the contract price for the effects of a significant financing component if the Company expects, at contract inception, that the period between when the Company transfers a good or service to a customer and when the customer pays for that good or service will be one year or less, which is generally the case. Sales commissions are deferred and recognized over the same period as the related revenues. Shipping and handling is treated as a fulfillment obligation instead of a separate performance obligation and such costs are expensed as incurred.
Disaggregated Revenue
Revenue by segment and geography is disclosed in Note 5. In addition, the following table presents disaggregated revenue by customer industry (in thousands):
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Industrial - oil and gas, construction, and general
 
$
143,710

 
$
126,976

 
$
415,323

 
$
355,895

Transmission and distribution
 
35,927

 
45,795

 
162,033

 
130,134

Power generation
 
59,879

 
35,387

 
147,183

 
123,741

Total net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770
XML 23 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share
 9 Months Ended
Nov. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings (Loss) Per Share
Earnings (loss) per share is based on the weighted average number of shares outstanding during each period, adjusted for the dilutive effect of stock awards.
The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, expect per share data):
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income (loss) for basic and diluted earnings per common share
 
$
15,395

 
$
(166
)
 
$
42,357

 
$
21,682

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
26,064

 
25,965

 
26,022

 
25,982

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and director stock awards
 
87

 
—

 
70

 
67

Denominator for diluted earnings per common share
 
26,151

 
25,965

 
26,092

 
26,049

Earnings (loss) per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings (loss) per common share
 
$
0.59

 
$
(0.01
)
 
$
1.63

 
$
0.83

Diluted earnings (loss) per common share
 
$
0.59

 
$
(0.01
)
 
$
1.62

 
$
0.83

For the three months ended November 30, 2017, approximately 0.1 million shares related to employee and director stock awards were excluded from the diluted shares outstanding count as the effect was anti-dilutive.
XML 24 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-based Compensation
 9 Months Ended
Nov. 30, 2018
Share-based Compensation [Abstract]  
Stock-based Compensation
Share-based Compensation
The Company has one share-based compensation plan, the 2014 Long Term Incentive Plan (the “Plan”). The purpose of the Plan is to promote the growth and prosperity of the Company by permitting the Company to grant to its employees, directors and advisors various types of restricted stock unit awards, performance share units, stock options, and stock appreciation rights to purchase common stock of the Company. The maximum number of shares that may be issued under the Plan is 1,500,000 shares. As of November 30, 2018, the Company had approximately 1,248,775 shares available for future issuance under the Plan.
Restricted Stock Unit Awards
Restricted stock unit awards are valued at the market price of our common stock on the grant date. Awards generally vest ratably over a period of three years but these awards may vest earlier in accordance with the Plan’s accelerated vesting provisions.
A summary of the Company’s non-vested restricted stock unit award activity for the nine month period ended November 30, 2018 is as follows:
 
 
 
Restricted
Stock Units
 
Weighted
Average Grant
Date Fair Value
Non-vested balance as of February 28, 2018
 
109,777

 
$
56.62

Granted
 
84,023

 
42.01

Vested
 
(37,670
)
 
54.63

Forfeited
 
(7,290
)
 
55.27

Non-vested balance as of November 30, 2018
 
148,840

 
$
48.94


Performance Share Unit Awards
The Company also grants performance share units ("PSU") awards to certain employees. These PSU awards have a three year performance cycle and will vest and become payable, if at all, on the third anniversary of the award date. The PSU awards are subject to the Company’s degree of achievement of a target annual average adjusted return on assets during these three-year periods and, in certain circumstances, vesting is based on the relative performance of a predetermined group of peer companies. In addition, these PSU awards may have vesting conditions or certain vesting multipliers, which are based on the Company’s total shareholder return during such three-year period in comparison to a defined specific industry peer group. The Company estimates the fair value of PSU awards with performance and service conditions using the value of the Company's common stock on the date of grant. The Company estimates the fair value of PSU awards with market conditions using a Monte Carlo simulation model on the date of grant.
A summary of the Company’ non-vested performance share unit award activity for the nine month period ended November 30, 2018 is as follows:
 
 
Performance
Stock Units
 
Weighted
Average Grant
Date Fair Value
Non-vested balance as of February 28, 2018
 
70,030

 
$
54.59

Granted
 
46,183

 
42.00

Vested
 
(3,378
)
 
46.65

Forfeited
 
(29,710
)
 
49.51

Non-vested balance as of November 30, 2018
 
83,125

 
$
49.74


Stock Appreciation Rights
Stock appreciation rights are granted with an exercise price equal to the market value of our common stock on the date of grant. These awards generally have a contractual term of 7 years and vest ratably over a period of three years although some may vest immediately on issuance. These awards are valued using the Black-Scholes option-pricing model.
A summary of the Company’s stock appreciation rights activity for the nine month period ended November 30, 2018 is as follows:
 
 
SARs
 
Weighted Average
Exercise Price
Outstanding as of February 28, 2018
 
148,513

 
$
43.29

Granted
 
—

 
—

Exercised
 
(47,484
)
 
40.84

Forfeited
 
(2,845
)
 
43.92

Outstanding as of November 30, 2018
 
98,184

 
$
44.46

Exercisable as of November 30, 2018
 
98,184

 
$
44.46



The average remaining contractual term for those stock appreciation rights outstanding and those stock appreciation rights that were exercisable as of November 30, 2018 was 2.09 years, with an aggregate intrinsic value of $0.3 million.
Employee Stock Purchase Plan
The Company also has an Employee Stock Purchase Plan, which allows employees of the Company to purchase common stock of the Company through accumulated payroll deductions. Offerings under this plan have a duration of 24 months (the "offering period"). On the first day of an offering period (the “enrollment date”) the participant is granted the option to purchase shares on each exercise date at the lower of 85% of the market value of a share of our common stock on the enrollment date or the exercise date. The participant’s right to purchase common stock under the plan is restricted to no more than $25,000 per calendar year and the participant may not purchase more than 5,000 shares during any offering period. Participants may terminate their interest in a given offering or a given exercise period by withdrawing all of their accumulated payroll deductions at any time prior to the end of the offering period. The fair value of the estimated number of shares to be issued under each offering is determined using the Black-Scholes option-pricing model. For the nine month period ended November 30, 2018, the Company issued 73,702 shares under the Company's Employee Stock Purchase Plan.
Share-based Compensation Expense
Share-based compensation expense and related income tax benefits related to all the plans listed above were as follows (in thousands):
 
 
 
Nine Months Ended November 30,

 
2018
 
2017
Compensation expense
 
$
3,335

 
$
4,810

Income tax benefits
 
$
700

 
$
1,684


Unrecognized compensation cost related to restricted stock units, performance share unit awards, stock appreciation rights, and the Company's Employee Stock Purchase Plan at November 30, 2018 totals $8.0 million.
The Company’s policy is to issue shares required under these plans from the Company’s authorized but unissued shares.
XML 25 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segments
 9 Months Ended
Nov. 30, 2018
Segment Reporting [Abstract]  
Segments
Segments
Segment Information
Net sales and operating income by segment for each period were as follows (in thousands):
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Energy
 
$
132,025

 
$
107,021

 
$
385,526

 
$
317,526

Metal Coatings
 
107,491

 
101,137

 
339,013

 
292,244

Total net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770

 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
 
Energy
 
$
11,532

 
$
(12,103
)
 
$
25,763

 
$
(3,029
)
Metal Coatings
 
18,321

 
21,681

 
65,581

 
66,332

Corporate
 
(7,084
)
 
(8,024
)
 
(27,774
)
 
(24,339
)
Total operating income
 
$
22,769

 
$
1,554

 
$
63,570

 
$
38,964



Asset balances by segment for each period were as follows (in thousands):

 
 
November 30, 2018
 
February 28, 2018
Total assets:
 
 
 
 
Energy
 
$
585,807

 
$
554,866

Metal Coatings
 
436,873

 
460,575

Corporate
 
9,699

 
12,768

Total
 
$
1,032,379

 
$
1,028,209



In the second quarter of fiscal 2019, the Company recognized impairment charges of $0.8 million, which were classified within cost of sales in the consolidated statement of income and were related to property, plant and equipment in the Metal Coatings segment that was vacated or abandoned upon the consolidation of two galvanizing facilities in the Gulf Coast region of the United States. As part of the consolidation of facilities, the Company also recognized $0.5 million in employee severance and other disposal costs in the second quarter of fiscal 2019, which were also classified within cost of sales in the consolidated statement of income.

Financial Information About Geographical Areas
The following table presents revenues by geographic region for each period (in thousands):
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
United States
 
$
203,788

 
$
175,803

 
$
605,672

 
$
505,023

International
 
35,728

 
32,355

 
118,867

 
104,747

Total
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770


    
The following table presents fixed assets by geographic region for each period (in thousands):

 
 
November 30, 2018
 
February 28, 2018
Property, plant and equipment, net:
 


 


United States
 
$
186,696

 
$
194,418

Canada
 
16,619

 
18,254

Other countries
 
3,775

 
4,183

          Total
 
$
207,090

 
$
216,855
XML 26 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Warranty Reserves
 9 Months Ended
Nov. 30, 2018
Product Warranties Disclosures [Abstract]  
Warranty Reserves
Warranty Reserves
A reserve has been established to provide for the estimated future cost of warranties on a portion of the Company’s delivered products and is classified within other accrued liabilities on the consolidated balance sheets. Management periodically reviews the reserves and makes adjustments accordingly. Warranties cover such factors as non-conformance to specifications and defects in material and workmanship. 
The following table shows the changes in the warranty reserves for the nine month period ended November 30, 2018 (in thousands):
 
 
Warranty Reserve
Balance at February 28, 2018
$
2,013

Warranty costs incurred
(1,674
)
Additions charged to income
1,561

Balance at November 30, 2018
$
1,900
XML 27 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt
 9 Months Ended
Nov. 30, 2018
Debt [Abstract]  
Long-term Debt [Text Block]
Debt
The Company's debt consisted of the following for each of the periods presented (in thousands):
 
November 30, 2018
 
February 28, 2018
2011 Senior Notes
$
125,000

 
$
125,000

2008 Senior Notes
—

 
14,286

2017 Revolving Credit Facility
148,000

 
162,000

Total debt
273,000

 
301,286

Unamortized debt issuance costs for Senior Notes
(288
)
 
(391
)
Total debt, net
272,712

 
300,895

Less amount due within one year
—

 
(14,286
)
Debt due after one year, net
$
272,712

 
$
286,609


On March 31, 2018, the Company made the final principal payment of $14.3 million to fully settle the 2008 Senior Notes on the scheduled maturity date.
XML 28 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Acquisitions
 9 Months Ended
Nov. 30, 2018
Business Combinations [Abstract]  
Business Combination Disclosure [Text Block]
Acquisitions
On March 22, 2018, the Company purchased certain assets through a bankruptcy sales process from Lectrus Corporation, a privately-held corporation based in Chattanooga, Tennessee. Lectrus designs and manufactures custom metal enclosures and provides electrical and mechanical integration. The acquisition will complement AZZ's current metal enclosure and switchgear businesses.
This acquisition was not significant. Accordingly, disclosures of the purchase price allocation and unaudited pro forma results of operations have not been provided.
XML 29 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Basis of Presentation (Policies)
 9 Months Ended
Nov. 30, 2018
Accounting Policies [Abstract]  
Basis of Presentation
The Company and Basis of Presentation
AZZ Inc. (“AZZ”, the “Company”, "our" or “we”) was established in 1956 and incorporated under the laws of the state of Texas. The Company is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution, refining and industrial markets. The Company has two distinct operating segments: the Energy segment and the Metal Coatings segment. AZZ Energy is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry.
Presentation
The accompanying condensed consolidated balance sheet as of February 28, 2018, which was derived from audited financial statements, and the unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. These financial statements should be read in conjunction with the audited financial statements and related notes for the fiscal year ended February 28, 2018, included in the Company’s Annual Report on Form 10-K covering such period. 
Our fiscal year ends on the last day of February and is identified as the fiscal year for the calendar year in which it ends. For example, the fiscal year ended February 28, 2019 is referred to as fiscal 2019.
In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments, consisting only of normal recurring adjustments, which are necessary to present fairly the financial position of the Company as of November 30, 2018, the results of its operations for the three and nine months ended November 30, 2018 and 2017, and cash flows for the nine months ended November 30, 2018 and 2017. These interim results are not necessarily indicative of results for a full year.
New Accounting Pronouncements
Accounting Standards Recently Adopted
On March 1, 2018, the Company adopted Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) and the related amendments ("ASC 606") using the modified retrospective method applied to those contracts which were not completed as of February 28, 2018. Results for operating periods beginning on or after March 1, 2018 are presented under ASC 606, while prior period amounts have not been adjusted and continue to be reported in accordance with the accounting standards in effect for those periods. However, for the three and nine months ended November 30, 2018, the impact of applying ASC 606 as opposed to applying legacy accounting guidance did not result in a significant change to reported revenues or costs of revenues. Accordingly, no reconciliation has been provided to show the difference between applying ASC 606 and legacy guidance for the three and nine months ended November 30, 2018. In addition, there was no cumulative effect adjustment to the beginning retained earnings on March 1, 2018 related to the adoption. See Note 2 for a description of the Company's accounting policy resulting from the adoption of ASC 606.
On March 1, 2018, the Company adopted ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, which clarifies the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The adoption did not have a material impact on the Company's consolidated statements of cash flows.
Recently Issued Accounting Pronouncements
In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-02, Leases (Topic 842). Under the new guidance, a lessee will be required to recognize assets and liabilities for all leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. 
The Company expects to early adopt this standard in the fourth quarter of fiscal year 2019, which will be retrospectively applied to the beginning of fiscal year 2019. The standard, as subsequently amended, does not require full retrospective adoption, thus periods prior to fiscal year 2019 will not be adjusted and any impacts of transitioning to the new standard will be reflected with a cumulative effect adjustment to the opening balance of retained earnings in the year of adoption.
In preparing for the adoption of this standard, the Company is substantially complete in assessing its portfolio of leases for accounting and disclosure purposes. The Company is also progressing with the design of the future lease accounting procedures, policies and related internal controls and with the implementation of lease accounting software. While the Company has not yet completed its evaluation of the financial statement impact of the new lease accounting standard, the Company expects that the adoption will result in a significant increase in assets and liabilities related to operating leases in its consolidated balance sheets. However, the Company does not expect to record a significant cumulative effect adjustment as a result of adopting the standard.
XML 30 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Policies)
 9 Months Ended
Nov. 30, 2018
Accounting Policies [Abstract]  
Revenue Recognition
Revenue recognition
The Company determines revenue recognition through the following steps:
1)Identification of the contract with a customer,
2)Identification of the performance obligations in the contract,
3)Determination of the transaction price,
4)Allocation of the transaction price to performance obligations in the contract, and
5)Recognition of revenue when, or as, the Company satisfies a performance obligation
Revenue is recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration that it expects to be entitled to in exchange for those goods or services. The amount and timing of revenue recognition varies by segment based on the nature of the goods or services provided and the terms and conditions of the customer contract.
Energy Segment
AZZ's Energy segment is a provider of specialized products and services designed to support industrial, nuclear and electrical applications. Within this segment, the contract is governed by a customer purchase order and an executed product or services agreement. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of either custom built products, custom services, or off-the-shelf products. When the Company does enter into an arrangement with multiple performance obligations, the transaction price is allocated to each performance obligation based on the relative standalone selling prices of the goods or services being provided to the customer and revenue is recognized upon the satisfaction of each performance obligation. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.
For custom built products, the Company recognizes revenues over time provided that the goods do not have an alternative use to the Company and the Company has an unconditional right to payment for work completed to date plus a reasonable margin. For custom services, which consist of specialized welding and other professional services, the Company recognizes revenues over time as the services are rendered due to the fact that the services enhance a customer owned asset. For off-the-shelf products, which consist of tubing and lighting products, the Company recognizes revenue at a point-in-time upon the transfer of the goods to the customer.
For services and custom built products, the Company recognizes revenues over time using a cost-to-cost input measure. This requires the Company to estimate the total contract revenues, costs and margin, which can involve significant management judgment. As a significant change in one or more of these estimates could affect the profitability of the Company’s contracts, management reviews and updates its contract related estimates regularly. The Company recognizes adjustments in estimated margin on contracts under a cumulative catch-up basis and subsequent revenues are recognized using the adjusted estimate. If the estimate of contract margin indicates an anticipated loss on the contract, the Company recognizes the total estimated loss in the period it is identified.
Due to the custom nature of the goods and services provided, contracts within the Energy segment are often modified to account for changes in contract specifications and requirements. A contract modification exists when the modification either creates new, or changes the existing, enforceable rights and obligations in the contract. For the Company, most contract modifications are related to goods or services that are not distinct from those in the original contract due to the significant interrelationship or interdependencies between the deliverables. Such modifications are accounted for as if they were part of the original contract. As a result, the transaction price and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue on a cumulative catch-up basis.
In addition to fixed consideration, the Company’s contracts within its Energy segment can include variable consideration, including claims, incentive fees, liquidated damages or other penalties. The Company recognizes revenue for variable consideration when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company estimates the amount of revenue to be recognized on variable consideration using the expected value or the most likely amount method, whichever is expected to better predict the amount. 
Metal Coatings Segment
AZZ’s Metal Coatings segment is a provider of hot dip galvanizing, powder coating and other metal coating applications to the steel fabrication industry. Within this segment, the contract is governed by a customer purchase order or work order. The contract generally specifies the delivery of what constitutes a single performance obligation consisting of metal coating services. The Company combines contracts for revenue recognition purposes that are executed with the same customer within a short timeframe from each other and that purport to be for a single commercial objective.
The Company recognizes revenue over time as the metal coating is applied to the customer provided material as the process enhances a customer controlled asset. Contract modifications are rare within this segment and most contracts are on a fixed price basis with no variable consideration.
Contract Assets and Liabilities
The timing of revenue recognition, billings and cash collections results in accounts receivable, contract assets (unbilled receivables), and contract liabilities (customer advances and deposits) on the consolidated balance sheet, primarily related to the Company’s Energy segment. Amounts are billed as work progresses in accordance with agreed upon contractual terms, either at periodic intervals (e.g., weekly or monthly) or upon achievement of contractual milestones. Billing can occur subsequent to revenue recognition, resulting in contract assets. In addition, the Company can receive advances or deposits from its customers, before revenue is recognized, resulting in contract liabilities. These assets and liabilities are reported on the consolidated balance sheet on a contract-by-contract basis at the end of each reporting period.
For the nine months ended November 30, 2018, the Company recognized $20.1 million of revenues from amounts that were included in contract liabilities at February 28, 2018. The Company did not record any revenues for the three or nine months ended November 30, 2018 related to performance obligations satisfied in prior periods. The Company expects to recognize revenues of approximately $13.8 million, $16.1 million, $1.5 million and $1.3 million in fiscal 2019, 2020, 2021 and 2022, respectively, related to the $32.7 million balance of contract liabilities as of November 30, 2018.
The increases or decreases in accounts receivable, contract assets and contract liabilities during the three and nine months ended November 30, 2018 were due primarily to normal timing differences between the Company’s performance and customer payments. The Lectrus acquisition described in Note 8 had no impact on contract assets or liabilities as of the date of acquisition.
Other
No general rights of return exist for customers and the Company establishes provisions for estimated warranties. The Company generally does not sell extended warranties. Revenue is recognized net of applicable sales and other taxes. The Company does not adjust the contract price for the effects of a significant financing component if the Company expects, at contract inception, that the period between when the Company transfers a good or service to a customer and when the customer pays for that good or service will be one year or less, which is generally the case. Sales commissions are deferred and recognized over the same period as the related revenues. Shipping and handling is treated as a fulfillment obligation instead of a separate performance obligation and such costs are expensed as incurred.
Disaggregated Revenue
Revenue by segment and geography is disclosed in Note 5. In addition, the following table presents disaggregated revenue by customer industry (in thousands):
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Industrial - oil and gas, construction, and general
 
$
143,710

 
$
126,976

 
$
415,323

 
$
355,895

Transmission and distribution
 
35,927

 
45,795

 
162,033

 
130,134

Power generation
 
59,879

 
35,387

 
147,183

 
123,741

Total net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770
XML 31 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Nov. 30, 2018
Accounting Policies [Abstract]  
Disaggregation of Revenue [Table Text Block]
Disaggregated Revenue
Revenue by segment and geography is disclosed in Note 5. In addition, the following table presents disaggregated revenue by customer industry (in thousands):
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Industrial - oil and gas, construction, and general
 
$
143,710

 
$
126,976

 
$
415,323

 
$
355,895

Transmission and distribution
 
35,927

 
45,795

 
162,033

 
130,134

Power generation
 
59,879

 
35,387

 
147,183

 
123,741

Total net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770
XML 32 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
 9 Months Ended
Nov. 30, 2018
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, expect per share data):
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income (loss) for basic and diluted earnings per common share
 
$
15,395

 
$
(166
)
 
$
42,357

 
$
21,682

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share–weighted average shares
 
26,064

 
25,965

 
26,022

 
25,982

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee and director stock awards
 
87

 
—

 
70

 
67

Denominator for diluted earnings per common share
 
26,151

 
25,965

 
26,092

 
26,049

Earnings (loss) per share basic and diluted:
 
 
 
 
 
 
 
 
Basic earnings (loss) per common share
 
$
0.59

 
$
(0.01
)
 
$
1.63

 
$
0.83

Diluted earnings (loss) per common share
 
$
0.59

 
$
(0.01
)
 
$
1.62

 
$
0.83

For the three months ended November 30, 2017, approximately 0.1 million shares related to employee and director stock awards were excluded from the diluted shares outstanding count as the effect was anti-dilutive.
XML 33 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-based Compensation (Tables)
 9 Months Ended
Nov. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Compensation, Performance Shares Award Unvested Activity [Table Text Block]
non-vested performance share unit award activity for the nine month period ended November 30, 2018 is as follows:
 
 
Performance
Stock Units
 
Weighted
Average Grant
Date Fair Value
Non-vested balance as of February 28, 2018
 
70,030

 
$
54.59

Granted
 
46,183

 
42.00

Vested
 
(3,378
)
 
46.65

Forfeited
 
(29,710
)
 
49.51

Non-vested balance as of November 30, 2018
 
83,125

 
$
49.74
Restricted Stock Unit Awards Non-Vested
non-vested restricted stock unit award activity for the nine month period ended November 30, 2018 is as follows:
 
 
 
Restricted
Stock Units
 
Weighted
Average Grant
Date Fair Value
Non-vested balance as of February 28, 2018
 
109,777

 
$
56.62

Granted
 
84,023

 
42.01

Vested
 
(37,670
)
 
54.63

Forfeited
 
(7,290
)
 
55.27

Non-vested balance as of November 30, 2018
 
148,840

 
$
48.94
Stock Appreciation Rights and Option Awards
A summary of the Company’s stock appreciation rights activity for the nine month period ended November 30, 2018 is as follows:
 
 
SARs
 
Weighted Average
Exercise Price
Outstanding as of February 28, 2018
 
148,513

 
$
43.29

Granted
 
—

 
—

Exercised
 
(47,484
)
 
40.84

Forfeited
 
(2,845
)
 
43.92

Outstanding as of November 30, 2018
 
98,184

 
$
44.46

Exercisable as of November 30, 2018
 
98,184

 
$
44.46
Share-based compensation expense and related income tax
Share-based compensation expense and related income tax benefits related to all the plans listed above were as follows (in thousands):
 
 
 
Nine Months Ended November 30,

 
2018
 
2017
Compensation expense
 
$
3,335

 
$
4,810

Income tax benefits
 
$
700

 
$
1,684
XML 34 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segments (Tables)
 9 Months Ended
Nov. 30, 2018
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Net sales and operating income by segment for each period were as follows (in thousands):
 
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Energy
 
$
132,025

 
$
107,021

 
$
385,526

 
$
317,526

Metal Coatings
 
107,491

 
101,137

 
339,013

 
292,244

Total net sales
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770

 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
 
Energy
 
$
11,532

 
$
(12,103
)
 
$
25,763

 
$
(3,029
)
Metal Coatings
 
18,321

 
21,681

 
65,581

 
66,332

Corporate
 
(7,084
)
 
(8,024
)
 
(27,774
)
 
(24,339
)
Total operating income
 
$
22,769

 
$
1,554

 
$
63,570

 
$
38,964
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Asset balances by segment for each period were as follows (in thousands):

 
 
November 30, 2018
 
February 28, 2018
Total assets:
 
 
 
 
Energy
 
$
585,807

 
$
554,866

Metal Coatings
 
436,873

 
460,575

Corporate
 
9,699

 
12,768

Total
 
$
1,032,379

 
$
1,028,209
Revenue from External Customers by Geographic Areas [Table Text Block]
The following table presents revenues by geographic region for each period (in thousands):
 
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
United States
 
$
203,788

 
$
175,803

 
$
605,672

 
$
505,023

International
 
35,728

 
32,355

 
118,867

 
104,747

Total
 
$
239,516

 
$
208,158

 
$
724,539

 
$
609,770
Long-lived Assets by Geographic Areas [Table Text Block]
The following table presents fixed assets by geographic region for each period (in thousands):

 
 
November 30, 2018
 
February 28, 2018
Property, plant and equipment, net:
 


 


United States
 
$
186,696

 
$
194,418

Canada
 
16,619

 
18,254

Other countries
 
3,775

 
4,183

          Total
 
$
207,090

 
$
216,855
XML 35 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Warranty Reserves (Tables)
 9 Months Ended
Nov. 30, 2018
Product Warranties Disclosures [Abstract]  
Changes in the warranty reserves
The following table shows the changes in the warranty reserves for the nine month period ended November 30, 2018 (in thousands):
 
 
Warranty Reserve
Balance at February 28, 2018
$
2,013

Warranty costs incurred
(1,674
)
Additions charged to income
1,561

Balance at November 30, 2018
$
1,900
XML 36 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt (Tables)
 9 Months Ended
Nov. 30, 2018
Debt [Abstract]  
Schedule of Debt [Table Text Block]
The Company's debt consisted of the following for each of the periods presented (in thousands):
 
November 30, 2018
 
February 28, 2018
2011 Senior Notes
$
125,000

 
$
125,000

2008 Senior Notes
—

 
14,286

2017 Revolving Credit Facility
148,000

 
162,000

Total debt
273,000

 
301,286

Unamortized debt issuance costs for Senior Notes
(288
)
 
(391
)
Total debt, net
272,712

 
300,895

Less amount due within one year
—

 
(14,286
)
Debt due after one year, net
$
272,712

 
$
286,609


On March 31, 2018, the Company made the final principal payment of $14.3 million to fully settle the 2008 Senior Notes on the scheduled maturity date.
XML 37 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Disaggregation of Revenue [Line Items]        
Revenue, Net $ 239,516 $ 208,158 $ 724,539 $ 609,770
Industrial [Member]        
Disaggregation of Revenue [Line Items]        
Revenue, Net 143,710 126,976 415,323 355,895
Trasmission & Distribution [Member]        
Disaggregation of Revenue [Line Items]        
Revenue, Net 35,927 45,795 162,033 130,134
Power Generation [Member]        
Disaggregation of Revenue [Line Items]        
Revenue, Net $ 59,879 $ 35,387 $ 147,183 $ 123,741
XML 38 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies Revenue Details (Details) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Feb. 28, 2019
Nov. 30, 2018
Feb. 28, 2022
Feb. 28, 2021
Feb. 28, 2020
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]          
Contract with Customer, Liability, Revenue Recognized   $ 20,100,000      
Future Revenues $ 13,800,000   $ 1,300,000 $ 1,500,000 $ 16,100,000
Revenue, Remaining Performance Obligation   $ 32,700,000      
XML 39 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Nov. 30, 2018
Aug. 31, 2018
May 31, 2018
Nov. 30, 2017
Aug. 31, 2017
May 31, 2017
Nov. 30, 2018
Nov. 30, 2017
Numerator:                
Net income for basic and diluted earnings per common share $ 15,395 $ 11,244 $ 15,718 $ (166) $ 9,786 $ 12,062 $ 42,357 $ 21,682
Denominator:                
Denominator for basic earnings per common share-weighted average shares (shares) 26,064     25,965     26,022 25,982
Effect of dilutive securities:                
Employee and Director stock awards (shares) 87     0     70 67
Denominator for diluted earnings per common share (shares) 26,151     25,965     26,092 26,049
Earnings per share basic and diluted:                
Basic earnings per Common share (usd per share) $ 0.59     $ (0.01)     $ 1.63 $ 0.83
Diluted earnings per common share (usd per share) $ 0.59     $ (0.01)     $ 1.62 $ 0.83
XML 40 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-based Compensation (Details) - Restricted Stock Units (RSUs) [Member]
 9 Months Ended
Nov. 30, 2018
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Non-vested balance as of February 28, 2018 | shares 109,777
Granted (shares) | shares 84,023
Vested (shares) | shares (37,670)
Forfeited (shares) | shares (7,290)
Non-vested balance as of November 30, 2018 | shares 148,840
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]  
Non-vested balance as of February 28, 2018 | $ / shares $ 56.62
Granted, Weighted Average Grant Date Fair Value (usd per share) | $ / shares 42.01
Vested, Weighted Average Grant Date Fair Value (usd per share) | $ / shares 54.63
Forfeited, Weighted Average Grant Date Fair Value (usd per share) | $ / shares 55.27
Non-vested balance as of November 30, 2018 | $ / shares $ 48.94
XML 41 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-based Compensation (Details 1) - Stock Appreciation Rights (SARs) [Member] - $ / shares
 9 Months Ended
Nov. 30, 2018
Feb. 28, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number 98,184 148,513
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price $ 44.46 $ 43.29
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments, Number of Shares [Roll Forward]    
Granted (shares) 0  
Exercised (shares) (47,484)  
Forfeited (shares) (2,845)  
Exercisable as of November 30, 2018 98,184  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instrument, Weighted Average Grant Date Fair Value [Roll Forward]    
Granted, Weighted Average Exercise Price (usd per share) $ 0.00  
Exercised, Weighted Average Exercise Price (usd per share) 40.84  
Forfeited, Weighted Average Exercise Price (usd per share) 43.92  
Exercisable as of November 30, 2018 $ 44.46  
XML 42 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-based Compensation (Details 2) - USD ($)
$ in Thousands
 9 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Share-based Compensation [Abstract]    
Share-based Compensation $ 3,335 $ 4,810
Share based compensation expense and related income tax benefits    
Income tax benefits $ 700 $ 1,684
XML 43 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-based Compensation (Details Textual)
 9 Months Ended
Nov. 30, 2018
USD ($)
share_based_compensation_plan
$ / shares
shares
Feb. 28, 2018
$ / shares
shares
Share Based Compensation (Textual) [Abstract]    
Number Of Share-Based Compensation Plans | share_based_compensation_plan 1  
Shares authorized (shares) 1,500,000  
Share for future issuance (shares) 1,248,775  
Unrecognized compensation cost | $ $ 8,000,000  
Restricted Stock [Member]    
Share Based Compensation (Textual) [Abstract]    
Vesting ratably term 3 years  
Performance Shares [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number 83,125 70,030
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value | $ / shares $ 49.74 $ 54.59
Share Based Compensation (Textual) [Abstract]    
Vesting ratably term 3 years  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period 46,183  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares $ 42.00  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (3,378)  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value | $ / shares $ 46.65  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period (29,710)  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $ / shares $ 49.51  
Stock Appreciation Rights (SARs) [Member]    
Share Based Compensation (Textual) [Abstract]    
Vesting ratably term 3 years  
Term for the contract 7 years  
Outstanding Average contractual term 2 years 1 month 1 day  
Outstanding Aggregate intrinsic value | $ $ 0  
Employee Stock [Member]    
Share Based Compensation (Textual) [Abstract]    
Term of offering under stock purchase plan 24 months  
Granted option lower than 85.00%  
Restricted common stock under plan | $ $ 25,000  
Common stock purchased during period (shares) 5,000  
Share-based Compensation Arrangement, By Share-based Payment Award, Common Shares Estimated To Be Issued 73,702  
XML 44 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Feb. 28, 2018
Segment Reporting Information [Line Items]          
Property, Plant and Equipment, Net $ 207,090   $ 207,090   $ 216,855
Operations and assets by segment          
Net sales 239,516 $ 208,158 724,539 $ 609,770  
Operating Income 22,769 1,554 63,570 38,964  
Assets 1,032,379   1,032,379   1,028,209
Energy          
Operations and assets by segment          
Net sales 132,025 107,021 385,526 317,526  
Operating Income 11,532 (12,103) 25,763 (3,029)  
Assets 585,807   585,807   554,866
Metal Coatings          
Operations and assets by segment          
Net sales 107,491 101,137 339,013 292,244  
Operating Income 18,321 21,681 65,581 66,332  
Assets 436,873   436,873   460,575
Corporate          
Operations and assets by segment          
Operating Income (7,084) (8,024) (27,774) (24,339)  
Corporate          
Operations and assets by segment          
Assets 9,699   9,699   12,768
UNITED STATES          
Segment Reporting Information [Line Items]          
Property, Plant and Equipment, Net 186,696   186,696   194,418
Operations and assets by segment          
Net sales 203,788 175,803 605,672 505,023  
CANADA          
Segment Reporting Information [Line Items]          
Property, Plant and Equipment, Net 16,619   16,619   18,254
Other Countries [Member]          
Segment Reporting Information [Line Items]          
Property, Plant and Equipment, Net 3,775   3,775   $ 4,183
International [Member]          
Operations and assets by segment          
Net sales $ 35,728 $ 32,355 $ 118,867 $ 104,747  
XML 45 R33.htm IDEA: XBRL DOCUMENT v3.10.0.1
Warranty Reserves (Details)
$ in Thousands
 9 Months Ended
Nov. 30, 2018
USD ($)
Movement in Standard Product Warranty Accrual [Roll Forward]  
Opening Balance $ 2,013
Warranty costs incurred 1,674
Closing Balance 1,900
Product Warranty Accrual, Warranties Issued $ 1,561
XML 46 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt (Details) - USD ($)
$ in Thousands
Nov. 30, 2018
Feb. 28, 2018
Debt Instrument [Line Items]    
Long-term Debt $ 272,712 $ 300,895
Long-term Debt, Gross 273,000 301,286
Unamortized Debt Issuance Expense (288) (391)
Debt, Current 0 (14,286)
Long-term Debt, Excluding Current Maturities 272,712 286,609
Senior Notes [Member] | Unsecured Senior Notes Due January 2021 [Member]    
Debt Instrument [Line Items]    
Long-term Debt 125,000 125,000
Senior Notes [Member] | Unsecured Senior Notes Due March 2012 through March 2018 [Member]    
Debt Instrument [Line Items]    
Long-term Debt 0 14,286
Line of Credit [Member] | Line of Credit [Member]    
Debt Instrument [Line Items]    
Long-term Debt $ 148,000 $ 162,000
EXCEL 47 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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Î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end XML 48 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 49 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 51 FilingSummary.xml IDEA: XBRL DOCUMENT 3.10.0.1 html 138 171 1 false 25 0 false 5 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://www.azz.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1001000 - Statement - Condensed Consolidated Balance Sheets Sheet http://www.azz.com/role/CondensedConsolidatedBalanceSheets Condensed Consolidated Balance Sheets Statements 2 false false R3.htm 1001501 - Statement - Condensed consolidated Balance Sheets (Parenthetical) Sheet http://www.azz.com/role/CondensedConsolidatedBalanceSheetsParenthetical Condensed consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 1002000 - Statement - Condensed Consolidated Statements of Income (Unaudited) Sheet http://www.azz.com/role/CondensedConsolidatedStatementsOfIncomeUnaudited Condensed Consolidated Statements of Income (Unaudited) Statements 4 false false R5.htm 1003000 - Statement - Condensed Consolidated Statements of Comprehensive Income (Unaudited) Sheet http://www.azz.com/role/CondensedConsolidatedStatementsOfComprehensiveIncomeUnaudited Condensed Consolidated Statements of Comprehensive Income (Unaudited) Statements 5 false false R6.htm 1003501 - Statement - Condensed Consolidated Statements of Comprehensive Income (Parenthetical) (Unaudited) Sheet http://www.azz.com/role/CondensedConsolidatedStatementsOfComprehensiveIncomeParentheticalUnaudited Condensed Consolidated Statements of Comprehensive Income (Parenthetical) (Unaudited) Statements 6 false false R7.htm 1004000 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) Sheet http://www.azz.com/role/CondensedConsolidatedStatementsOfCashFlowsUnaudited Condensed Consolidated Statements of Cash Flows (Unaudited) Statements 7 false false R8.htm 1006000 - Statement - Consolidated Statement of Shareholders' Equity - Q Statement Sheet http://www.azz.com/role/ConsolidatedStatementOfShareholdersEquityQStatement Consolidated Statement of Shareholders' Equity - Q Statement Statements 8 false false R9.htm 2101100 - Disclosure - Basis of Presentation (Notes) Notes http://www.azz.com/role/BasisOfPresentationNotes Basis of Presentation (Notes) Notes 9 false false R10.htm 2102100 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.azz.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 10 false false R11.htm 2103100 - Disclosure - Earnings Per Share Sheet http://www.azz.com/role/EarningsPerShare Earnings Per Share Notes 11 false false R12.htm 2104100 - Disclosure - Stock-based Compensation Sheet http://www.azz.com/role/StockBasedCompensation Stock-based Compensation Notes 12 false false R13.htm 2105100 - Disclosure - Segments Sheet http://www.azz.com/role/Segments Segments Notes 13 false false R14.htm 2106100 - Disclosure - Warranty Reserves Sheet http://www.azz.com/role/WarrantyReserves Warranty Reserves Notes 14 false false R15.htm 2108100 - Disclosure - Debt Sheet http://www.azz.com/role/Debt Debt Notes 15 false false R16.htm 2110100 - Disclosure - Acquisitions Sheet http://www.azz.com/role/Acquisitions Acquisitions Notes 16 false false R17.htm 2201201 - Disclosure - Basis of Presentation (Policies) Sheet http://www.azz.com/role/BasisOfPresentationPolicies Basis of Presentation (Policies) Policies http://www.azz.com/role/SummaryOfSignificantAccountingPolicies 17 false false R18.htm 2202201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.azz.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://www.azz.com/role/SummaryOfSignificantAccountingPolicies 18 false false R19.htm 2302302 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://www.azz.com/role/SummaryOfSignificantAccountingPoliciesTables Summary of Significant Accounting Policies (Tables) Tables http://www.azz.com/role/SummaryOfSignificantAccountingPolicies 19 false false R20.htm 2303301 - Disclosure - Earnings Per Share (Tables) Sheet http://www.azz.com/role/EarningsPerShareTables Earnings Per Share (Tables) Tables http://www.azz.com/role/EarningsPerShare 20 false false R21.htm 2304301 - Disclosure - Stock-based Compensation (Tables) Sheet http://www.azz.com/role/StockBasedCompensationTables Stock-based Compensation (Tables) Tables http://www.azz.com/role/StockBasedCompensation 21 false false R22.htm 2305301 - Disclosure - Segments (Tables) Sheet http://www.azz.com/role/SegmentsTables Segments (Tables) Tables http://www.azz.com/role/Segments 22 false false R23.htm 2306301 - Disclosure - Warranty Reserves (Tables) Sheet http://www.azz.com/role/WarrantyReservesTables Warranty Reserves (Tables) Tables http://www.azz.com/role/WarrantyReserves 23 false false R24.htm 2308301 - Disclosure - Debt (Tables) Sheet http://www.azz.com/role/DebtTables Debt (Tables) Tables http://www.azz.com/role/Debt 24 false false R25.htm 2402404 - Disclosure - Summary of Significant Accounting Policies Disaggregation of Revenue (Details) Sheet http://www.azz.com/role/SummaryOfSignificantAccountingPoliciesDisaggregationOfRevenueDetails Summary of Significant Accounting Policies Disaggregation of Revenue (Details) Details 25 false false R26.htm 2402405 - Disclosure - Summary of Significant Accounting Policies Revenue Details (Details) Sheet http://www.azz.com/role/SummaryOfSignificantAccountingPoliciesRevenueDetailsDetails Summary of Significant Accounting Policies Revenue Details (Details) Details 26 false false R27.htm 2403402 - Disclosure - Earnings Per Share (Details) Sheet http://www.azz.com/role/EarningsPerShareDetails Earnings Per Share (Details) Details http://www.azz.com/role/EarningsPerShareTables 27 false false R28.htm 2404402 - Disclosure - Stock-based Compensation (Details) Sheet http://www.azz.com/role/StockBasedCompensationDetails Stock-based Compensation (Details) Details http://www.azz.com/role/StockBasedCompensationTables 28 false false R29.htm 2404403 - Disclosure - Stock-based Compensation (Details 1) Sheet http://www.azz.com/role/StockBasedCompensationDetails1 Stock-based Compensation (Details 1) Details http://www.azz.com/role/StockBasedCompensationTables 29 false false R30.htm 2404404 - Disclosure - Stock-based Compensation (Details 2) Sheet http://www.azz.com/role/StockBasedCompensationDetails2 Stock-based Compensation (Details 2) Details http://www.azz.com/role/StockBasedCompensationTables 30 false false R31.htm 2404405 - Disclosure - Stock-based Compensation (Details Textual) Sheet http://www.azz.com/role/StockBasedCompensationDetailsTextual Stock-based Compensation (Details Textual) Details http://www.azz.com/role/StockBasedCompensationTables 31 false false R32.htm 2405402 - Disclosure - Segments (Details) Sheet http://www.azz.com/role/SegmentsDetails Segments (Details) Details http://www.azz.com/role/SegmentsTables 32 false false R33.htm 2406402 - Disclosure - Warranty Reserves (Details) Sheet http://www.azz.com/role/WarrantyReservesDetails Warranty Reserves (Details) Details http://www.azz.com/role/WarrantyReservesTables 33 false false R34.htm 2408402 - Disclosure - Debt (Details) Sheet http://www.azz.com/role/DebtDetails Debt (Details) Details http://www.azz.com/role/DebtTables 34 false false All Reports Book All Reports azz-20181130.xml azz-20181130.xsd azz-20181130_cal.xml azz-20181130_def.xml azz-20181130_lab.xml azz-20181130_pre.xml http://xbrl.sec.gov/dei/2014-01-31 http://xbrl.sec.gov/country/2017-01-31 http://fasb.org/us-gaap/2017-01-31 true true ZIP 53 0000008947-19-000011-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000008947-19-000011-xbrl.zip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end