| Financial Information |
The following tables summarize financial information for our unconsolidated affiliates for the periods presented:
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Three Months Ended |
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Nine Months Ended |
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February 28, |
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February 28, |
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2026 |
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|
2025 |
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|
2026 |
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|
2025 |
|
WAVE |
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|
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|
|
|
|
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Net sales |
$ |
122,245 |
|
|
$ |
118,357 |
|
|
$ |
377,695 |
|
|
$ |
358,889 |
|
Operating income |
|
56,635 |
|
|
|
54,681 |
|
|
|
181,785 |
|
|
|
168,111 |
|
Depreciation and amortization |
|
1,512 |
|
|
|
1,436 |
|
|
|
3,941 |
|
|
|
3,797 |
|
Interest expense, net |
|
3,813 |
|
|
|
4,032 |
|
|
|
11,644 |
|
|
|
12,676 |
|
Income tax expense |
|
88 |
|
|
|
70 |
|
|
|
204 |
|
|
|
267 |
|
Net earnings |
|
52,847 |
|
|
|
50,531 |
|
|
|
170,598 |
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|
|
155,736 |
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ClarkDietrich |
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Net sales |
$ |
274,314 |
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|
$ |
271,184 |
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|
$ |
846,920 |
|
|
$ |
863,486 |
|
Operating income |
|
23,758 |
|
|
|
36,942 |
|
|
|
62,427 |
|
|
|
108,521 |
|
Depreciation and amortization |
|
5,194 |
|
|
|
3,997 |
|
|
|
14,275 |
|
|
|
11,804 |
|
Interest expense (income), net |
|
(248 |
) |
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|
6 |
|
|
|
(138 |
) |
|
|
(100 |
) |
Income tax expense (benefit) |
|
(70 |
) |
|
|
312 |
|
|
|
(110 |
) |
|
|
898 |
|
Net earnings |
|
22,902 |
|
|
|
37,944 |
|
|
|
63,169 |
|
|
|
111,840 |
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|
|
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Other |
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Net sales |
$ |
56,037 |
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|
$ |
70,258 |
|
|
$ |
201,868 |
|
|
$ |
246,087 |
|
Operating loss |
|
(5,043 |
) |
|
|
(8,129 |
) |
|
|
(9,295 |
) |
|
|
(7,945 |
) |
Depreciation and amortization |
|
2,209 |
|
|
|
1,972 |
|
|
|
6,612 |
|
|
|
7,535 |
|
Interest expense, net |
|
188 |
|
|
|
243 |
|
|
|
633 |
|
|
|
992 |
|
Income tax expense (benefit) |
|
7 |
|
|
|
(24 |
) |
|
|
323 |
|
|
|
147 |
|
Net loss |
|
(5,206 |
) |
|
|
(8,432 |
) |
|
|
(10,955 |
) |
|
|
(7,665 |
) |
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