Investments in Unconsolidated Entity (Tables)

9 Months Ended

Nov. 30, 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
	November 30, 2025(1)		February 28, 2025(1)
Current assets	$	255,145	$	300,404
Long-term assets	75,771		194,528
Total assets	$	330,916	$	494,932
Current liabilities	$	82,755	$	155,585
Long-term liabilities	20,004		134,517
Total liabilities	102,759		290,102
Total partners' capital	228,157		204,830
Total liabilities and partners' capital	$	330,916	$	494,932

Summarized Operating Data
	Three Months Ended November 30,				Nine Months Ended November 30,
	2025(1)		2024(1)		2025(1)		2024(1)
Sales	$	34,137	$	150,998	$	245,840	$	400,298
Gross profit	5,283		42,842		57,736		101,928
Income (loss) before income taxes	(6,279)		19,826		704,907		30,025
Net income (loss)	(6,055)		21,015		704,702		32,036

(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 nine months ended October 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 nine months ended October 31, 2025 includes a gain on the sale of Electrical Products Group of $697.5 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.