Segments

6 Months Ended

Aug. 31, 2019

Segment Information

Net sales and operating income (loss) by segment for each period were as follows (in thousands):



	Three Months Ended August 31,						Six Months Ended August 31,
	2019			2018			2019			2018
Net sales:
Energy	$	111,347		$	106,515		$	278,316		$	253,501
Metal Coatings	124,843			116,272			246,997			231,522
Total net sales	$	236,190		$	222,787		$	525,313		$	485,023

Operating income (loss):
Energy	$	4,239		$	4,273		$	16,810		$	14,231
Metal Coatings	28,673			22,076			58,065			47,260
Corporate	(10,705		)	(9,244		)	(21,694		)	(20,690		)
Total operating income	$	22,207		$	17,105		$	53,181		$	40,801

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



	August 31, 2019		February 28, 2019
Total assets:
Energy	$	612,018	$	630,134
Metal Coatings	489,305		440,090
Corporate	18,794		18,346
Total	$	1,120,117	$	1,088,570

For the three and six months ended August 31, 2018, 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 for the three and six months ended August 31, 2018, which were also classified within cost of sales in the consolidated statement of income. No such charges were recorded during the three and six months ended August 31, 2019.

Financial Information About Geographical Areas

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



	Three Months Ended August 31,				Six Months Ended August 31,
	2019		2018		2019		2018
Net sales:
United States	$	210,668	$	188,278	$	441,005	$	401,834
International	25,522		34,509		84,308		83,189
Total	$	236,190	$	222,787	$	525,313	$	485,023

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



	August 31, 2019		February 28, 2019
Property, plant and equipment, net:
United States	$	192,537	$	189,281
Canada	17,181		16,961
Other countries	4,380		3,985
Total	$	214,098	$	210,227