Three Months Ended

August 31,

2026

2025

WAVE

Net sales

$

151,628

$

134,717

Operating income

73,933

67,683

Depreciation and amortization

1,432

1,638

Interest expense, net

3,764

3,960

Income tax expense

146

134

Net earnings

70,006

63,597

ClarkDietrich

Net sales

$

340,574

$

289,991

Operating income

30,068

22,789

Depreciation and amortization

5,172

4,495

Interest expense, net

268

80

Income tax expense

248

13

Net earnings

29,526

23,735

Other

Net sales

$

63,320

$

72,485

Operating loss

(3,988

)

(3,257

)

Depreciation and amortization

1,948

2,214

Interest expense, net

337

295

Income tax (benefit) expense

(33

)

59

Net loss

(4,295

)

(3,623

)