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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Nov. 30, 2023
Nov. 30, 2022
Income Statement [Abstract]        
Sales $ 381,605 $ 373,301 $ 1,171,020 $ 987,145
Costs and Expenses        
Cost of sales 293,456 300,219 888,606 752,455
Gross margin 88,149 73,082 282,414 234,690
Selling, general and administrative 35,325 27,689 103,087 97,247
Operating income from continuing operations 52,824 45,393 179,327 137,443
Interest expense 25,855 26,123 82,331 61,739
Equity in (earnings) loss of unconsolidated subsidiaries (8,742) (1,006) (11,136) (1,006)
Other (income) expense, net 41 (610) (9) (582)
Income from continuing operations before income taxes 35,670 20,886 108,141 77,292
Income tax expense 8,780 2,447 24,397 18,380
Net income from continuing operations 26,890 18,439 83,744 58,912
Income from discontinued operations, net of tax 0 1,665 0 17,126
Loss on disposal of discontinued operations, net of tax 0 (40,646) 0 (130,073)
Net income (loss) from discontinued operations 0 (38,981) 0 (112,947)
Net income (loss) 26,890 (20,542) 83,744 (54,035)
Dividends on preferred stock (3,600) (3,600) (10,800) (4,640)
Net income (loss) available to common shareholders $ 23,290 $ (24,142) $ 72,944 $ (58,675)
Basic earnings (loss) per share        
Earnings (loss) per common share from continuing operations (in dollars per share) $ 0.93 $ 0.60 $ 2.91 $ 2.19
Earnings (loss) per common share from discontinued operations (in dollars per share) 0 (1.57) 0 (4.55)
Basic earnings per common share (usd per share) 0.93 (0.97) 2.91 (2.37)
Diluted Earnings (Loss) Per Share [Abstract]        
Diluted earnings per common share (usd per share) 0.92 (0.97) 2.86 (2.35)
Earnings (loss) per common share from continuing operations (in dollars per share) 0.92 0.59 2.86 2.17
Earnings (loss) per common share from discontinued operations (in dollars per share) $ 0 $ (1.56) $ 0 $ (4.52)
Weighted average shares outstanding        
Weighted average number common shares, basic (shares) 25,077,000 24,867,000 25,024,000 24,804,000
Weighted average number common shares, diluted (shares) 29,330,000 24,995,000 29,278,000 24,984,000
Cash dividends declared per common share (usd per share) $ 0.17 $ 0.17 $ 0.51 $ 0.51