Property, Plant and Equipment (Notes)

12 Months Ended

Feb. 29, 2024

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

2. Property, Plant and Equipment

Property, plant and equipment consisted of the following as of February 29, 2024 and February 28, 2023 (in thousands):

	As of February 29/28,
	2024		2023
Land	$	52,318	$	52,322
Building and structures	301,189		291,254
Machinery and equipment	408,641		391,786
Furniture, fixtures, software and computers	30,026		28,906
Automotive equipment	2,677		2,757
Construction in progress	86,062		24,681
	880,913		791,706
Less accumulated depreciation	(339,261)		(293,203)
Property, plant, and equipment, net	$	541,652	$	498,503

The following table outlines the classification of depreciation expense from continuing operations in the consolidated statements of income for fiscal 2024, 2023, and 2022 (in thousands):

	Year Ended February 29/28,
	2024		2023		2022
Cost of sales	$	53,035	$	49,413	$	23,795
Selling, general and administrative	2,427		2,564		1,628
Total depreciation expense	$	55,462	$	51,977	$	25,423