The following tables summarize balance sheet and income statement information for the AVAIL JV (in thousands):


Summarized Balance Sheet
	As of
	May 31, 2026(1)		February 28, 2026(1)
Current assets	$	166,713	$	225,298
Long-term assets	17,218		19,330
Total assets	$	183,931	$	244,628

Current liabilities	$	45,504	$	59,724
Long-term liabilities	11,623		12,732
Total liabilities	57,127		72,456
Total partners' capital	126,804		172,172
Total liabilities and partners' capital	$	183,931	$	244,628


Summarized Operating Data
	Three Months Ended May 31,
	2026(1)		2025(1)
Sales	$	7,472	$	168,240
Gross profit	$	2,639	$	45,125
Income (loss) before income taxes	$	1,625	$	17,474
Net income (loss)	$	1,457	$	17,624



(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 months ended April 30, 2026 and 2025 and as of January 31, 2026. 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. The three months ended May 31, 2026 reflects operations from AVAIL's Industrial Lighting business and WSI Brazil business.