Investments in Unconsolidated Entity (Tables)

6 Months Ended

Aug. 31, 2025

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

The following tables summarize balance sheet and income statement information for the AVAIL JV:

Summarized Balance Sheet
	As of
	August 31, 2025(1)		February 28, 2025(1)
Current assets	$	256,722	$	300,404
Long-term assets	77,950		194,528
Total assets	$	334,672	$	494,932
Current liabilities	$	80,005	$	155,585
Long-term liabilities	19,799		134,517
Total liabilities	99,804		290,102
Total partners' capital	234,868		204,830
Total liabilities and partners' capital	$	334,672	$	494,932

Summarized Operating Data
	Three Months Ended August 31,				Six Months Ended August 31,
	2025(1)		2024(1)		2025(1)		2024(1)
Sales	$	43,463	$	119,584	$	211,703	$	249,300
Gross profit	7,328		27,569		52,453		59,086
Net income	693,133		2,780		710,757		10,955

(1) We report our equity in earnings on a one-month lag basis; therefore, amounts in the summarized financials above are as of and for the three and six months ended July 31, 2025 and 2024 and as of January 31, 2025. Amounts in the table above exclude certain adjustments made by us to record equity in earnings of the AVAIL JV under U.S GAAP for public companies, primarily to reverse the amortization of goodwill. AVAIL's net income for the three and six months ended July 31, 2025 includes a gain on the sale of Electrical Products Group of $699.0 million. Our proportionate share of the gain includes an adjustment for the previous reversal of the amortization of goodwill related to the Electrical Products Group.