v3.26.1
Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended
May 31, 2026
May 31, 2025
Statement of Comprehensive Income [Abstract]    
Net income $ 52,006 $ 170,908
Other Comprehensive Income (Loss):    
Unrealized translation gain (loss) (551) 1,956
Unrealized translation gain (loss) for unconsolidated subsidiary, net of tax [1] (1,142) 241
Unrealized gain (loss) on interest rate swap, net of tax [2] 1,361 339
Amounts reclassified from accumulated other comprehensive income to earnings, net of tax [3] 54 (48)
Unrealized gain (loss) on interest rate swap, net of tax for unconsolidated subsidiary [4] 0 3
Other comprehensive income (loss) (278) 2,491
Comprehensive income $ 51,728 $ 173,399
[1]
Unrealized translation gain (loss) for unconsolidated subsidiary is related to our unconsolidated investment in the AVAIL JV and represents our 40% interest in this amount. Net of tax expense (benefit) of $(361) and $76 for the three months ended May 31, 2026 and May 31, 2025, respectively.
[2]
Net of tax expense of $439 and $113 for the three months ended May 31, 2026 and May 31, 2025, respectively.
[3]
Net of tax expense (benefit) of $17 and $(16) for the three months ended May 31, 2026 and May 31, 2025, respectively. See Note 9.
[4]
Unrealized gain on interest rate swap, net of tax for unconsolidated subsidiary is related to our unconsolidated investment in the AVAIL JV and represents our 40% interest in this amount. The interest rate swap was written off following the sale of the Electrical Products Group business during the second quarter of fiscal 2026. Net of tax expense of $1 for the three months ended May 31, 2025.