Goodwill and Intangible Assets (Tables)

12 Months Ended

Feb. 28, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in goodwill by segment for fiscal years 2022 and 2021 were as follows (in thousands):

2022
Segment	Beginning Balance		Acquisitions		Divestiture		Other		Currency Translation Adjustment		Ending Balance
Metal Coatings	$	158,659	$	32,389	$	—	$	(477)	$	(180)	$	190,391
Infrastructure Solutions	195,222		—		—		—		—		195,222
Total	$	353,881	$	32,389	$	—	$	(477)	$	(180)	$	385,613

2021
Segment	Beginning Balance		Acquisitions		Divestiture		Other		Currency Translation Adjustment		Ending Balance
Metal Coatings	$	157,048	$	1,551	$	(1,132)	$	—	$	1,192	$	158,659
Infrastructure Solutions	199,177		—		(2,262)		(1,693)		—		195,222
Total	$	356,225	$	1,551	$	(3,394)	$	(1,693)	$	1,192	$	353,881

Schedule of Finite-Lived Intangible Assets by Major Class

Amortizable intangible assets consisted of the following as of February 28, 2022 and February 28, 2021 (in thousands):

	Weighted-Average Life (Years)	2022		2021
Customer related intangibles	15	$	149,796	$	145,782
Non-compete agreements	12	7,903		8,803
Trademarks	21.0	23,303		26,695
Technology	25.0	2,554		2,554
Certifications	8	408		399
Gross intangible assets		183,964		184,233
Less accumulated amortization		(111,638)		(100,342)
Total amortizable intangible assets, net		$	72,326	$	83,891

Finite-lived Intangible Assets Amortization Expense

The following table outlines the classification of amortization expense in the statements of income for fiscal 2022, 2021, and 2020 (in thousands):

	2022		2021		2020
Cost of sales	$	6,658	$	6,838	$	6,873
Selling, general and administrative	5,646		5,562		10,251
Total amortization expense	$	12,304	$	12,400	$	17,124

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The following summarizes the estimated amortization expense for the next five fiscal years and beyond (in thousands):

2023	$	11,741
2024	9,913
2025	9,104
2026	9,075
2027	8,808
Thereafter	23,685
Total	$	72,326