Operating segments (Tables)

12 Months Ended

Feb. 28, 2023

Segment Reporting [Abstract]

Operations and assets by segment

The following tables show information by reportable segment for fiscal years 2023, 2022 and 2021 (in thousands):

	Year Ended February 28,
	2023		2022		2021
Sales:
Metal Coatings	$	636,982	$	525,598	$	461,693
Precoat Metals	686,667		—		—
Infrastructure Solutions	—		—		18,881
Total sales	$	1,323,649	$	525,598	$	480,574
Operating income (loss):
Metal Coatings	$	155,953	$	128,758	$	92,778
Precoat Metals	79,509		—		—
Infrastructure Solutions	—		—		(4,482)
Corporate	(61,824)		(49,539)		(40,819)
Total operating income	$	173,638	$	79,219	$	47,477

	Year Ended February 28,
	2023		2022		2021
Depreciation and amortization:
Metal Coatings	$	32,955	$	30,453	$	30,273
Precoat Metals	40,199		—		—
Infrastructure Solutions	—		—		127
Corporate	1,436		1,628		1,694
Total	$	74,590	$	32,081	$	32,094

	Year Ended February 28,
	2023		2022		2021
Expenditures for acquisitions, net of cash, and property, plant and equipment:
Metal Coatings	$	23,639	$	82,736	$	29,024
Precoat Metals	1,315,414		—		—
Corporate	797		2,073		2,574
Total	$	1,339,850	$	84,809	$	31,598

Reconciliation of Assets from Segment to Consolidated

Asset information by segment was as follows as of February 28, 2023 and February 28, 2022 (in thousands):

	February 28,
	2023		2022
Assets:
Metal Coatings	$	588,337	$	578,885
Precoat Metals	1,488,810		—
Infrastructure Solutions - Investment in Joint Venture	84,760		—
Corporate	59,572		46,266
Discontinued Operations:
Infrastructure Solutions	—		507,876
Total assets	$	2,221,479	$	1,133,027

Revenue from External Customers by Geographic Areas

Financial information about geographical areas for the periods presented was as follows for fiscal years 2023, 2022 and 2021 (in thousands):

	Year Ended February 28,
	2023		2022		2021
Sales:
United States	$	1,279,890	$	494,012	$	450,904
Canada	43,759		31,586		29,670
Total	$	1,323,649	$	525,598	$	480,574

Long-lived Assets by Geographic Areas

	February 28,
	2023		2022
Property, plant and equipment, net:
United States	$	478,722	$	167,634
Canada	19,781		25,724
Total	$	498,503	$	193,358