AZZ Quarterly Balance Sheets Chart
Quarterly
|
Annual
AZZ Quarterly Balance Sheets Table
Quarterly
|
Annual
| Unit: USD | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | 2023-05-31 | 2023-02-28 | 2022-11-30 | 2022-08-31 | 2022-05-31 | 2022-02-28 | 2021-11-30 | 2021-08-31 | 2021-05-31 | 2021-02-28 | 2020-11-30 | 2020-08-31 | 2020-05-31 | 2020-02-29 | 2019-11-30 | 2019-08-31 | 2019-05-31 | 2019-02-28 | 2018-11-30 | 2018-08-31 | 2018-05-31 | 2018-02-28 | 2017-11-30 | 2017-08-31 | 2017-05-31 | 2017-02-28 | 2016-02-29 | 2015-02-28 | 2014-02-28 | 2013-02-28 | 2012-02-29 | 2011-02-28 | 2010-02-28 | 2009-05-12 | 2008-02-29 | 2007-02-28 | 2005-02-28 | 2004-02-29 | 2003-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | |||||||||||||||||||||||||||||||||||||||||||||||
| current assets: | |||||||||||||||||||||||||||||||||||||||||||||||
| cash and cash equivalents | 3,043,000 | 1,488,000 | 1,484,000 | 2,152,000 | 10,546,000 | 4,349,000 | 7,509,000 | 2,108,000 | 3,878,000 | 2,820,000 | 3,290,000 | 11,340,000 | 100,998,000 | 15,082,000 | 20,355,000 | 15,488,000 | 12,403,000 | 14,837,000 | 19,195,000 | 14,028,000 | 26,414,000 | 36,687,000 | 14,289,000 | 13,583,000 | 13,586,000 | 24,005,000 | 17,413,000 | 9,204,000 | 13,938,000 | 20,853,000 | 10,651,000 | 3,549,000 | 6,337,000 | 11,302,000 | 40,191,000 | 22,527,000 | 27,564,533 | 55,597,751 | 143,302,666 | 138,389,837 | 110,607,029 | 47,557,711 | 2,226,941 | 1,703,092 | 516,828 | 1,444,982 | |
| trade accounts receivable, net of allowance for credit losses of 431 and 419 at may 31, 2025 and february 28, 2025, respectively | 153,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| other receivables | 14,919,000 | 12,932,000 | 28,499,000 | 22,804,000 | 17,403,000 | 15,599,000 | 31,005,000 | ||||||||||||||||||||||||||||||||||||||||
| inventories | 110,759,000 | 112,313,000 | 114,701,000 | 115,249,000 | 113,988,000 | 117,656,000 | 126,737,000 | 99,841,000 | 124,847,000 | 82,330,926 | 60,281,130 | 59,552,392 | 40,124,581 | 53,775,800 | 43,426,468 | 45,487,266 | 19,605,778 | 17,678,916 | 4,740,070 | ||||||||||||||||||||||||||||
| contract assets | 109,093,000 | 106,507,000 | 99,158,000 | 93,983,000 | 93,262,000 | 79,335,000 | 75,719,000 | 76,799,000 | 78,544,000 | 79,273,000 | 78,560,000 | 82,897,000 | 155,863,000 | 74,629,000 | 67,884,000 | 61,355,000 | 71,185,000 | 58,056,000 | 74,712,000 | 64,199,000 | 65,044,000 | 70,093,000 | 98,773,000 | 90,759,000 | 95,544,000 | 75,561,000 | 70,419,000 | 71,236,000 | 69,717,000 | ||||||||||||||||||
| prepaid expenses and other | 16,635,000 | 7,055,000 | 10,720,000 | 13,860,000 | 16,752,000 | 7,814,000 | 9,295,000 | 10,534,000 | 10,485,000 | 7,991,000 | 9,997,000 | 13,044,000 | 18,136,000 | 3,471,000 | 5,153,000 | 8,569,000 | 11,211,000 | 5,876,000 | 6,366,000 | 7,117,000 | 9,541,000 | 8,727,000 | 7,474,000 | 10,925,000 | 10,359,000 | 9,245,000 | 5,171,000 | 6,657,000 | 10,202,000 | 4,265,000 | 5,495,000 | 6,824,000 | 8,380,000 | 2,762,000 | 3,105,000 | 4,570,000 | 9,884,798 | 6,152,476 | 2,811,858 | 1,248,270 | 1,281,605 | 1,009,477 | 1,004,383 | 1,988,834 | 656,618 | 848,961 | |
| total current assets | 407,945,000 | 375,444,000 | 394,405,000 | 401,156,000 | 396,342,000 | 366,999,000 | 392,728,000 | 409,869,000 | 408,489,000 | 417,416,000 | 406,634,000 | 658,440,000 | 720,396,000 | 386,533,000 | 349,535,000 | 329,039,000 | 334,908,000 | 303,492,000 | 324,710,000 | 310,933,000 | 335,029,000 | 354,562,000 | 414,621,000 | 380,041,000 | 396,945,000 | 378,545,000 | 367,374,000 | 352,443,000 | 375,370,000 | 329,154,000 | 335,143,000 | 325,007,000 | 325,744,000 | 296,537,000 | 309,334,000 | 298,634,000 | 296,180,723 | 262,431,939 | 302,735,899 | 284,019,135 | 207,452,936 | 182,023,524 | 102,994,843 | 111,967,364 | 51,162,524 | 43,712,878 | |
| property, plant and equipment | 597,892,000 | 592,941,000 | 580,178,000 | 569,732,000 | 555,355,000 | 541,652,000 | 525,338,000 | 516,499,000 | 504,032,000 | 498,503,000 | 491,367,000 | 496,125,000 | 491,722,000 | 230,848,000 | 199,886,000 | 202,220,000 | 207,689,000 | 205,909,000 | 201,178,000 | 200,420,000 | 214,965,000 | 211,691,000 | 214,098,000 | 206,305,000 | 207,090,000 | 209,404,000 | 214,341,000 | 219,173,000 | 230,314,000 | 230,127,000 | |||||||||||||||||
| right-of-use assets | 27,544,000 | 25,951,000 | 25,888,000 | 22,053,000 | 22,592,000 | 23,739,000 | 22,830,000 | 24,273,000 | 26,262,000 | 26,392,000 | 24,248,000 | 25,550,000 | 51,909,000 | 43,286,000 | |||||||||||||||||||||||||||||||||
| goodwill | 704,873,000 | 703,863,000 | 704,569,000 | 705,724,000 | 705,204,000 | 705,468,000 | 705,487,000 | 705,531,000 | 705,501,000 | 702,512,000 | 710,246,000 | 736,218,000 | 918,877,000 | 385,613,000 | 353,434,000 | 353,637,000 | 354,839,000 | 353,881,000 | 351,830,000 | 351,755,000 | 355,808,000 | 356,225,000 | 361,326,000 | 353,516,000 | 360,059,000 | 323,756,000 | 323,541,000 | 324,080,000 | 323,965,000 | 321,307,000 | 317,364,000 | 310,032,000 | 306,031,000 | 306,579,000 | 292,527,000 | 279,074,000 | 278,556,040 | 171,886,270 | 121,383,863 | 113,463,436 | 69,420,256 | 66,157,000 | 40,962,104 | 40,962,104 | 40,962,104 | ||
| deferred tax assets | 4,015,000 | 3,620,000 | 5,563,000 | 5,616,000 | 5,594,000 | 5,606,000 | 5,820,000 | 5,820,000 | 5,820,000 | 12,467,000 | 3,438,000 | 3,622,000 | 5,217,000 | 5,191,000 | 5,649,000 | 4,165,000 | |||||||||||||||||||||||||||||||
| intangible assets | 413,207,000 | 421,850,000 | 427,812,000 | 433,929,000 | 439,558,000 | 445,435,000 | 451,289,000 | ||||||||||||||||||||||||||||||||||||||||
| investment in avail joint venture | 102,121,000 | 97,768,000 | |||||||||||||||||||||||||||||||||||||||||||||
| other assets | 3,709,000 | 4,053,000 | 4,014,000 | 4,352,000 | 9,495,000 | 8,437,000 | 8,026,000 | 18,868,230 | 1,077,423 | 1,349,791 | 1,199,036 | 1,150,241 | |||||||||||||||||||||||||||||||||||
| total assets | 2,159,185,000 | 2,227,101,000 | 2,244,550,000 | 2,240,330,000 | 2,235,779,000 | 2,195,505,000 | 2,208,756,000 | 2,214,561,000 | 2,205,977,000 | 2,221,479,000 | 2,199,474,000 | 2,584,747,000 | 2,782,292,000 | 1,133,028,000 | 1,037,576,000 | 1,023,238,000 | 1,039,239,000 | 996,442,000 | 1,009,869,000 | 999,952,000 | 1,050,773,000 | 1,073,831,000 | 1,172,568,000 | 1,120,117,000 | 1,135,679,000 | 1,088,570,000 | 1,032,379,000 | 1,038,024,000 | 1,070,184,000 | 1,028,209,000 | 1,029,257,000 | 953,253,035 | 694,204,814 | 606,774,565 | 566,524,841 | 381,961,158 | 354,715,447 | 193,319,280 | |||||||||
| liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||
| current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
| accounts payable | 107,196,000 | 106,471,000 | 97,798,000 | 108,699,000 | 116,829,000 | 88,001,000 | 95,158,000 | 127,408,000 | 107,398,000 | 109,861,000 | 108,935,000 | 158,085,000 | 185,645,000 | 43,987,000 | 42,457,000 | 43,877,000 | 48,831,000 | 41,034,000 | 53,715,000 | 46,443,000 | 45,895,000 | 61,987,000 | 71,842,000 | 65,746,000 | 60,436,000 | 53,047,000 | 45,072,000 | 43,247,000 | 59,232,000 | 54,162,000 | 45,668,000 | 43,698,000 | 47,484,000 | 49,816,000 | 46,748,000 | 49,580,000 | 38,832,557 | 28,921,539 | 24,401,194 | 21,713,896 | 12,116,783 | 17,853,171 | 16,035,932 | 25,316,165 | 12,488,100 | 9,985,612 | -5,642,829 |
| income taxes payable | 54,608,000 | 2,723,000 | 1,919,000 | ||||||||||||||||||||||||||||||||||||||||||||
| accrued salaries and wages | 20,458,000 | 37,742,000 | 34,286,000 | 24,947,000 | 18,806,000 | 30,823,000 | 25,868,000 | 21,307,000 | 17,544,000 | 26,262,000 | 35,821,000 | 27,294,000 | 27,261,000 | 28,424,000 | 23,791,000 | 20,296,000 | 16,614,000 | 22,606,000 | 21,883,000 | 18,597,000 | 12,376,000 | 38,882,000 | 31,965,000 | 23,401,000 | 17,895,000 | 30,395,000 | 22,606,000 | 18,725,000 | 18,609,000 | 19,011,000 | 14,982,000 | 14,188,000 | 14,811,000 | 23,429,000 | 30,473,000 | 17,046,000 | 17,759,777 | 11,013,779 | 7,988,594 | 7,038,999 | 4,978,522 | 5,509,197 | 4,919,804 | 5,025,508 | 2,748,002 | 2,041,573 | |
| other accrued liabilities | 79,631,000 | 68,428,000 | 80,051,000 | 74,991,000 | 78,258,000 | 68,651,000 | 72,476,000 | 50,984,000 | 48,426,000 | 44,442,000 | 51,402,000 | 52,512,000 | 57,477,000 | 24,092,000 | 26,478,000 | 31,362,000 | 36,278,000 | 27,136,000 | 29,639,000 | 24,287,000 | 25,778,000 | 26,868,000 | 31,845,000 | 23,437,000 | 26,379,000 | 17,631,000 | 23,532,000 | 22,768,000 | 23,959,000 | 19,622,000 | 22,730,000 | 20,085,000 | 22,067,000 | 18,390,000 | 20,406,000 | 18,287,000 | 17,155,430 | 14,811,126 | 12,749,283 | 14,444,720 | 12,393,729 | 12,293,073 | 10,285,285 | 13,716,603 | 4,122,371 | 4,629,355 | |
| lease liability, short-term | 8,204,000 | 7,749,000 | 7,434,000 | 6,574,000 | 6,558,000 | 6,659,000 | 6,453,000 | 6,572,000 | 6,561,000 | 6,403,000 | 5,399,000 | 5,386,000 | 8,975,000 | 7,318,000 | 7,277,000 | 7,167,000 | 7,174,000 | 6,588,000 | 6,261,000 | 6,254,000 | 6,338,000 | 6,327,000 | 6,701,000 | 5,901,000 | 5,951,000 | 5,657,000 | |||||||||||||||||||||
| total current liabilities | 270,097,000 | 220,992,000 | 222,292,000 | 217,130,000 | 223,865,000 | 194,306,000 | 200,000,000 | 206,317,000 | 180,107,000 | 187,240,000 | 220,755,000 | 350,260,000 | 334,413,000 | 150,531,000 | 118,657,000 | 118,991,000 | 131,194,000 | 113,850,000 | 123,455,000 | 240,836,000 | 239,617,000 | 280,613,000 | 182,373,000 | 149,248,000 | 138,766,000 | 164,771,000 | 127,815,000 | 112,267,000 | 126,900,000 | 131,739,000 | 136,166,000 | 126,273,000 | 130,699,000 | 141,850,000 | 148,405,000 | 149,142,000 | 144,016,050 | 118,899,208 | 77,978,577 | 58,186,230 | 43,628,188 | 58,371,441 | 42,695,821 | 49,714,923 | 26,323,606 | 23,503,803 | |
| long-term debt | 569,807,000 | 852,365,000 | 879,548,000 | 912,572,000 | 929,800,000 | 952,742,000 | 980,004,000 | 1,002,364,000 | 1,040,841,000 | 1,058,120,000 | |||||||||||||||||||||||||||||||||||||
| lease liability, long-term | 20,168,000 | 19,012,000 | 19,255,000 | 16,263,000 | 16,801,000 | 17,827,000 | 17,112,000 | 18,434,000 | 20,427,000 | 20,704,000 | 19,673,000 | 20,941,000 | 42,603,000 | 35,610,000 | 37,395,000 | 38,978,000 | 40,702,000 | 32,629,000 | 33,323,000 | 34,893,000 | 38,290,000 | 38,114,000 | 43,231,000 | 40,990,000 | 42,042,000 | 41,190,000 | |||||||||||||||||||||
| deferred tax liabilities | 39,355,000 | 42,819,000 | 44,544,000 | 42,261,000 | 42,033,000 | 38,567,000 | 33,370,000 | 31,417,000 | 30,180,000 | 40,536,000 | 47,672,000 | ||||||||||||||||||||||||||||||||||||
| other long-term liabilities | 45,460,000 | 46,418,000 | 49,323,000 | 52,348,000 | 56,048,000 | 57,572,000 | 57,120,000 | 57,952,000 | 63,049,000 | 61,419,000 | 64,006,000 | 65,090,000 | 74,803,000 | 5,366,000 | 5,891,000 | 5,823,000 | 6,030,000 | 8,969,000 | 13,962,000 | 13,227,000 | 7,604,000 | 4,934,000 | 3,578,000 | 5,335,000 | 1,599,000 | 1,513,000 | 1,564,000 | 10,759,000 | 11,180,000 | 11,696,000 | 728,000 | ||||||||||||||||
| total liabilities | 944,887,000 | 1,181,606,000 | 1,214,962,000 | 1,240,574,000 | 1,268,547,000 | 1,261,014,000 | 1,287,606,000 | 1,316,484,000 | 1,334,604,000 | 1,368,019,000 | 1,346,961,000 | 1,725,126,000 | 2,094,733,000 | 465,663,000 | 389,532,000 | 384,812,000 | 401,828,000 | 373,150,000 | 385,791,000 | 368,411,000 | 415,117,000 | 439,465,000 | 519,325,000 | 485,511,000 | 516,422,000 | 484,842,000 | 436,501,000 | 452,099,000 | 493,784,000 | 463,006,000 | 485,481,000 | 466,088,000 | 468,608,000 | 448,200,000 | 502,155,000 | 516,862,000 | 577,339,773 | 360,270,340 | 319,165,800 | 310,506,968 | 154,095,120 | ||||||
| commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||
| shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||
| common stock | 30,007,000 | 29,913,000 | 29,877,000 | 29,877,000 | 29,814,000 | 25,102,000 | 25,077,000 | 25,077,000 | 25,013,000 | 24,912,000 | 24,876,000 | 24,862,000 | 24,788,000 | 24,688,000 | 24,693,000 | 24,840,000 | 25,071,000 | 25,108,000 | 25,430,000 | 26,076,000 | 26,195,000 | 26,148,000 | 26,240,000 | 26,221,000 | 26,152,000 | 26,115,000 | 26,087,000 | 26,050,000 | 26,027,000 | 25,959,000 | 25,954,000 | 25,961,000 | 25,994,000 | 25,964,000 | 25,874,000 | 25,732,000 | 25,577,205 | 25,376,967 | 12,609,160 | 12,609,160 | 12,609,160 | 12,609,160 | 12,609,160 | 12,609,160 | 6,304,580 | 6,304,580 | |
| capital in excess of par value | 418,399,000 | 418,004,000 | 415,059,000 | 411,263,000 | 405,309,000 | 103,330,000 | 333,555,000 | 331,366,000 | 326,931,000 | 326,839,000 | 325,433,000 | 323,386,000 | 85,432,000 | 85,847,000 | 81,747,000 | 79,908,000 | 75,600,000 | 75,979,000 | 73,390,000 | 71,797,000 | 67,883,000 | 66,703,000 | 51,484,000 | 50,211,000 | 46,763,000 | 46,141,000 | 43,944,000 | 42,787,000 | 40,545,000 | 38,446,000 | 37,138,000 | 36,391,000 | 36,654,000 | 37,739,000 | 35,148,000 | 27,706,000 | 21,954,777 | 17,653,912 | 26,809,971 | 24,141,022 | 20,783,366 | 18,241,664 | 16,369,938 | 11,086,703 | 14,114,153 | 13,956,016 | |
| retained earnings | 774,981,000 | 609,158,000 | 594,034,000 | 565,511,000 | 535,168,000 | 576,231,000 | 566,235,000 | 547,208,000 | 526,729,000 | 506,042,000 | 512,815,000 | 541,203,000 | 604,039,000 | 584,154,000 | 568,641,000 | 559,207,000 | 559,173,000 | 547,289,000 | 552,443,000 | 561,094,000 | 573,530,000 | 572,414,000 | 605,746,000 | 588,172,000 | 577,068,000 | 560,224,000 | 555,096,000 | 544,136,000 | 537,318,000 | 526,018,000 | 506,943,000 | 507,754,000 | 503,847,000 | 495,030,000 | 450,754,000 | 389,446,000 | 339,399,556 | 294,092,945 | 247,059,938 | 218,889,963 | 196,394,134 | 161,755,340 | 119,549,115 | 91,861,526 | 62,430,419 | 57,618,403 | |
| accumulated other comprehensive loss | -9,089,000 | -11,580,000 | -9,382,000 | -6,895,000 | -3,059,000 | -3,894,000 | -3,957,000 | -5,814,000 | -7,540,000 | -4,573,000 | -10,851,000 | -30,070,000 | -26,700,000 | -27,324,000 | -27,037,000 | -25,529,000 | -22,433,000 | -25,084,000 | -27,185,000 | -27,426,000 | -31,952,000 | -30,899,000 | -30,227,000 | -29,998,000 | -30,726,000 | -28,752,000 | -29,249,000 | -27,048,000 | -27,490,000 | -25,220,000 | -26,259,000 | -24,793,000 | -30,105,000 | -29,094,000 | -30,560,000 | -22,832,000 | |||||||||||
| total shareholders’ equity | 1,214,298,000 | 1,045,495,000 | 1,029,588,000 | 999,756,000 | 967,232,000 | 700,769,000 | 921,150,000 | 898,077,000 | 871,373,000 | 853,460,000 | 852,513,000 | 859,621,000 | 687,559,000 | 667,365,000 | 648,044,000 | 638,426,000 | 637,411,000 | 623,292,000 | 624,078,000 | 631,541,000 | 635,656,000 | 634,366,000 | 653,243,000 | 634,606,000 | 619,257,000 | 603,728,000 | 595,878,000 | 585,925,000 | 576,400,000 | 565,203,000 | 543,776,000 | 545,313,000 | 536,390,000 | 529,639,000 | 481,216,000 | 420,052,000 | 375,913,262 | 333,934,474 | 287,608,765 | 111,148,250 | 75,319,177 | 69,297,559 | |||||
| total liabilities and shareholders' equity | 2,159,185,000 | 2,208,756,000 | 2,214,561,000 | 2,205,977,000 | 2,221,479,000 | 2,199,474,000 | 2,584,747,000 | 2,782,292,000 | 1,133,028,000 | 1,037,576,000 | 1,023,238,000 | 1,039,239,000 | 996,442,000 | 1,009,869,000 | 999,952,000 | 1,050,773,000 | 1,073,831,000 | 1,172,568,000 | 1,120,117,000 | 1,135,679,000 | 1,088,570,000 | 1,032,379,000 | 1,038,024,000 | 1,070,184,000 | 1,029,257,000 | ||||||||||||||||||||||
| trade accounts receivable, net of allowance for credit losses of 419 and 2,347 at february 28, 2025 and february 29, 2024, respectively | 135,149,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| investment in joint venture | 99,379,000 | 101,639,000 | 98,169,000 | 97,238,000 | 85,535,000 | 87,068,000 | 84,760,000 | 82,420,000 | |||||||||||||||||||||||||||||||||||||||
| liabilities, mezzanine equity and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||
| income tax payable | 602,000 | 3,414,000 | 172,000 | 45,000 | 46,000 | 178,000 | 272,000 | 11,135,000 | 1,661,000 | 3,564,000 | 3,200,000 | 1,699,000 | 4,778,000 | 6,239,000 | 2,876,000 | 12,437,000 | 6,409,000 | 5,272,000 | 632,000 | 3,120,000 | 2,453,000 | 1,981,000 | 144,000 | 481,000 | 1,357,000 | 524,000 | 778,000 | 2,697,000 | 2,888,000 | 5,358,594 | 568,722 | 998,496 | 2,838,901 | 246,602 | 259,734 | 706,966 | 688,000 | 80,545 | 129,925 | ||||||||
| mezzanine equity: | |||||||||||||||||||||||||||||||||||||||||||||||
| series a convertible preferred stock, 1,000 par, shares authorized 100,000; 240 shares issued and outstanding february 29, 2024; aggregate liquidation preference 312,520 at february 29, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||
| total liabilities, mezzanine equity and shareholders' equity | 2,227,101,000 | 2,244,550,000 | 2,240,330,000 | 2,235,779,000 | 2,195,505,000 | ||||||||||||||||||||||||||||||||||||||||||
| trade accounts receivable, net of allowance for credit losses of 2,204 and 2,347 at november 30, 2024 and february 29, 2024, respectively | 139,843,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| series a preferred stock, 1,000 par value; 100,000 shares authorized; 240 shares issued and outstanding february 29, 2024; aggregate liquidation preference 312,520 at february 29, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||
| trade accounts receivable, net of allowance for credit losses of (2,128) and (2,347) at august 31, 2024 and february 29, 2024, respectively | 153,108,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| trade accounts receivable, net of allowance for credit losses of 2,322 and 2,347 at may 31, 2024 and february 29, 2024, respectively | 144,391,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| series a convertible preferred stock, 1 par value; 240 shares authorized; 240 shares issued and outstanding february 29, 2024; aggregate liquidation preference 312,520 at february 29, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||
| trade accounts receivable, net of allowance for credit losses of 2,347 and 5,752 at february 29, 2024 and february 28, 2023, respectively | 142,246,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| series a convertible preferred stock, 1 par, shares authorized 240; 240 shares issued and outstanding at february 29, 2024 and february 28, 2023, respectively; aggregate liquidation preference 312,520 and 326,920 at february 29, 2024 and february 28, 2023, respectively | 233,722,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| trade accounts receivable, net of allowance for credit losses of 2,096 and 5,752 at november 30, 2023 and february 28, 2023, respectively | 142,463,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| series a convertible preferred stock, 1 par, shares authorized 240; 240 shares issued and outstanding at november 30, 2023 and february 28, 2023 | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable | 183,951,000 | 170,460,000 | 183,412,000 | 173,341,000 | 193,647,000 | 255,749,000 | 167,016,000 | 144,764,000 | 133,430,000 | 134,531,000 | 128,127,000 | 127,501,000 | 114,295,000 | 130,047,000 | 139,214,000 | 174,647,000 | 154,460,000 | 159,234,000 | 144,887,000 | 159,395,000 | 152,468,000 | 169,239,000 | 141,488,000 | 148,260,000 | 138,544,000 | 152,545,000 | 138,470,000 | 131,416,000 | 125,638,000 | 116,127,857 | 97,857,193 | 74,647,303 | 61,945,377 | 39,431,918 | 64,763,982 | 38,901,577 | 50,277,554 | 25,939,544 | 21,897,263 | 3,633,152 | |||||||
| inventories: | |||||||||||||||||||||||||||||||||||||||||||||||
| raw material | 130,230,000 | 138,760,000 | 138,227,000 | 137,100,000 | 137,841,000 | 176,734,000 | 117,603,000 | 99,777,000 | 96,578,000 | 92,283,000 | 86,913,000 | 84,600,000 | 83,364,000 | 90,092,000 | 97,651,000 | 98,135,000 | 101,434,000 | 100,594,000 | 103,959,000 | 102,105,000 | 93,883,000 | 89,138,000 | 84,967,000 | ||||||||||||||||||||||||
| work-in-process | 2,186,000 | 2,242,000 | 1,558,000 | 1,763,000 | 1,716,000 | 9,032,000 | 7,285,000 | 6,152,000 | 6,533,000 | 6,214,000 | 4,453,000 | 7,475,000 | 8,969,000 | 8,145,000 | 18,053,000 | 8,418,000 | 12,638,000 | 1,694,000 | 354,000 | 2,159,000 | 5,834,000 | 48,129,000 | 39,117,000 | ||||||||||||||||||||||||
| finished goods | 4,061,000 | 4,120,000 | 4,135,000 | 2,583,000 | 2,887,000 | 3,649,000 | 1,212,000 | 1,041,000 | 1,328,000 | 1,453,000 | 1,546,000 | 1,683,000 | 2,045,000 | 5,746,000 | 3,734,000 | 3,761,000 | 4,150,000 | 12,688,000 | 8,565,000 | 8,010,000 | 11,655,000 | 6,741,000 | 7,103,000 | ||||||||||||||||||||||||
| intangibles and other assets | 467,034,000 | 468,805,000 | 479,429,000 | 481,121,000 | 478,284,000 | 594,171,000 | 81,557,000 | 84,022,000 | 87,349,000 | 93,105,000 | 95,359,000 | 93,677,000 | 96,795,000 | 103,204,000 | 106,732,000 | 136,197,000 | 126,753,000 | 125,387,000 | 130,172,000 | 134,374,000 | 152,097,000 | 156,508,000 | 160,893,000 | 157,577,000 | 145,833,000 | 142,888,000 | 146,113,000 | 155,177,000 | 162,623,000 | 180,877,043 | 105,410,385 | 46,828,100 | 43,680,635 | 17,723,464 | |||||||||||||
| series a convertible preferred stock, 1 par, shares authorized 240; 240 and 240 shares issued and outstanding at august 31, 2023 and february 28, 2023, respectively | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| series a convertible preferred stock, 1 par, shares authorized 240; 240 and 240 shares issued and outstanding at may 31, 2023 and february 28, 2023, respectively | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| assets held for sale | 235,000 | 235,000 | 4,409,000 | 5,758,000 | 5,628,000 | 3,684,000 | 3,178,000 | 16,916,000 | |||||||||||||||||||||||||||||||||||||||
| current assets of discontinued operations | 215,068,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| non-current assets of discontinued operations | 186,508,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| current liabilities of discontinued operations | 79,932,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| long-term liabilities of discontinued operations | 21,621,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| series a convertible preferred stock, 1 par, shares authorized 240; 240 shares issued and outstanding at february 28, 2023 and 0 shares issued and outstanding at february 28, 2022 | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| accrued dividends | 4,640,000 | 1,040,000 | |||||||||||||||||||||||||||||||||||||||||||||
| customer deposits | 536,000 | 323,000 | 712,000 | 681,000 | 721,000 | 861,000 | 421,000 | 348,000 | 436,000 | 402,000 | 626,000 | 255,000 | 716,000 | 696,000 | 514,000 | 481,000 | 741,000 | 1,311,000 | 1,281,000 | 1,816,000 | 3,449,000 | ||||||||||||||||||||||||||
| contract liabilities | 1,022,000 | 1,553,000 | 39,682,000 | 42,465,000 | 14,733,000 | 13,729,000 | 17,098,000 | 16,138,000 | 11,521,000 | 13,756,000 | 17,365,000 | 18,418,000 | 26,867,000 | 23,658,000 | 22,319,000 | 56,928,000 | 32,744,000 | 23,763,000 | 21,838,000 | ||||||||||||||||||||||||||||
| debt due within one year | 13,000,000 | 13,000,000 | 13,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 14,286,000 | 14,286,000 | 14,286,000 | 14,286,000 | 16,629,000 | 23,192,000 | 21,866,000 | ||||||||||||||||||||||||||||||||||
| debt due after one year | 1,010,648,000 | 1,238,170,000 | 1,594,777,000 | 226,484,000 | 191,468,000 | 182,451,000 | 185,435,000 | 178,419,000 | 181,978,000 | 46,945,000 | 93,911,000 | 77,878,000 | 254,845,000 | 255,812,000 | 296,779,000 | 240,745,000 | 272,712,000 | 295,679,000 | 322,146,000 | 286,609,000 | 292,566,000 | 287,522,000 | 285,478,000 | 254,800,000 | 303,790,000 | 315,982,000 | |||||||||||||||||||||
| deferred income taxes | 31,879,000 | 29,044,000 | 48,137,000 | 36,121,000 | 38,569,000 | 38,467,000 | 39,283,000 | 33,073,000 | 32,510,000 | 35,695,000 | 35,298,000 | 34,126,000 | 37,236,000 | 34,410,000 | 33,394,000 | 33,558,000 | 215,000 | 4,466,834 | 4,224,294 | 1,971,617 | 1,606,388 | ||||||||||||||||||||||||||
| series a convertible preferred stock, 1 par, shares authorized 240; 240 shares issued and outstanding at november 30, 2022 and 0 shares issued and outstanding at february 28, 2022 | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| series a convertible preferred stock, 1 par, shares authorized 240; 240 shares issued and outstanding at august 31, 2022 and 0 shares issued and outstanding at february 28, 2022 | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| operating lease right-of-use assets | 45,050,000 | 46,828,000 | 48,698,000 | 37,801,000 | 38,474,000 | 40,049,000 | 41,767,000 | 43,208,000 | 48,733,000 | 45,709,000 | 46,983,000 | 45,870,000 | |||||||||||||||||||||||||||||||||||
| liabilities held for sale | 6,097,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| property, plant, and equipment | 213,104,000 | 210,227,000 | 216,855,000 | 228,610,000 | 226,333,000 | 196,583,000 | |||||||||||||||||||||||||||||||||||||||||
| deferred income tax liabilities | 37,926,000 | 36,623,000 | 32,962,000 | 51,550,000 | 49,960,000 | 51,738,000 | 39,435,143 | 36,403,283 | 30,472,937 | 27,320,738 | 10,466,932 | 9,232,302 | |||||||||||||||||||||||||||||||||||
| inventories - net | 110,761,000 | 123,208,000 | 102,135,000 | 107,697,000 | 107,580,845 | ||||||||||||||||||||||||||||||||||||||||||
| costs and estimated earnings in excess of billings on uncompleted contracts | 51,787,000 | 59,365,000 | 32,082,000 | 27,295,000 | 20,546,000 | 32,287,000 | 33,676,000 | 27,221,952 | 12,878,068 | 14,038,161 | 15,880,092 | 10,782,424 | 11,328,287 | 13,044,076 | 8,286,324 | 2,472,139 | 236,368 | ||||||||||||||||||||||||||||||
| deferred income tax assets | 249,000 | 200,000 | 4,526,000 | 7,800,738 | 7,615,525 | 7,654,781 | 7,003,167 | 5,225,379 | 3,588,267 | 4,391,398 | |||||||||||||||||||||||||||||||||||||
| billings in excess of costs and estimated earnings on uncompleted contracts | 22,698,000 | 34,570,000 | 6,708,000 | 7,898,000 | 11,948,000 | 9,237,000 | 4,674,000 | 3,018,379 | 1,769,656 | 987,771 | 127,360 | 1,221,902 | 2,753,532 | 3,798,179 | 2,067,945 | 138,363 | 32,395 | ||||||||||||||||||||||||||||||
| total liabilities and shareholder's equity | 1,028,209,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| customer advance payments | 25,951,000 | 23,629,000 | |||||||||||||||||||||||||||||||||||||||||||||
| customer advance payment | 20,860,000 | 15,652,000 | 28,401,000 | 33,733,099 | 39,168,672 | 11,267,525 | 7,308,909 | 7,454,650 | 13,632,734 | 2,115,330 | 2,900,702 | ||||||||||||||||||||||||||||||||||||
| profit sharing | 6,400,000 | 7,310,000 | 8,360,000 | 5,300,000 | 4,713,445 | 5,216,000 | 6,070,000 | ||||||||||||||||||||||||||||||||||||||||
| long-term accrued liability due after one year | 9,120,723 | 8,539,278 | |||||||||||||||||||||||||||||||||||||||||||||
| property, plant, and equipment, at cost: | |||||||||||||||||||||||||||||||||||||||||||||||
| land | 15,116,009 | 16,007,166 | 13,304,574 | 12,096,398 | 5,694,013 | 5,293,442 | 2,992,863 | 2,992,863 | 2,225,058 | 1,724,714 | |||||||||||||||||||||||||||||||||||||
| buildings and structures | 117,764,526 | 101,109,332 | 91,024,990 | 78,142,939 | 60,292,211 | 57,432,879 | 36,763,402 | 31,981,329 | 27,967,319 | 27,804,858 | |||||||||||||||||||||||||||||||||||||
| machinery and equipment | 175,955,136 | 133,636,597 | 119,656,204 | 106,311,040 | 79,971,006 | 71,222,475 | 46,783,600 | 43,183,977 | 35,314,216 | 33,049,076 | |||||||||||||||||||||||||||||||||||||
| furniture, fixtures, software and computers | 20,497,261 | 16,401,547 | 14,562,584 | 13,735,200 | 12,336,230 | 11,361,501 | 8,548,747 | 8,395,328 | |||||||||||||||||||||||||||||||||||||||
| automotive equipment | 2,429,168 | 2,219,829 | 1,831,698 | 2,058,072 | 2,073,225 | 2,025,855 | 1,871,116 | 1,927,445 | 1,733,435 | 1,795,497 | |||||||||||||||||||||||||||||||||||||
| construction in progress | 8,277,151 | 5,555,208 | 2,623,589 | 3,547,498 | 1,306,267 | 2,575,285 | 2,936,578 | 4,790,693 | 919,788 | 1,793,097 | |||||||||||||||||||||||||||||||||||||
| less accumulated depreciation | -142,400,022 | -120,453,459 | -107,176,936 | -90,529,512 | -74,308,450 | -62,244,744 | -51,611,396 | -46,643,316 | -39,551,082 | -35,718,525 | |||||||||||||||||||||||||||||||||||||
| net property, plant, and equipment | 197,639,229 | 154,476,220 | 135,826,703 | 125,361,635 | 87,364,502 | 87,666,693 | 48,284,910 | 46,628,319 | 35,311,532 | 34,201,272 | |||||||||||||||||||||||||||||||||||||
| long-term debt due within one year | 20,848,214 | 14,285,714 | 14,285,714 | 5,500,000 | 5,500,000 | ||||||||||||||||||||||||||||||||||||||||||
| long-term debt due after one year | 384,767,857 | 196,428,571 | 210,714,286 | 225,000,000 | 100,000,000 | 100,000,000 | 35,200,000 | 23,875,000 | 25,375,000 | ||||||||||||||||||||||||||||||||||||||
| accumulated other comprehensive income | -11,018,276 | -3,189,350 | 1,303,974 | 920,063 | -672,858 | -3,198,159 | |||||||||||||||||||||||||||||||||||||||||
| total liabilities and shareholders’ equity | 953,253,035 | 694,204,814 | 606,774,565 | ||||||||||||||||||||||||||||||||||||||||||||
| less common stock held in treasury, at cost | -174,278 | -542,335 | -1,247,764 | -2,296,301 | -2,371,588 | -4,437,760 | -7,474,489 | -8,257,134 | |||||||||||||||||||||||||||||||||||||||
| liabilities and shareholders' equity | 2,011 | 2,010 | 2,009 | 2,008 | |||||||||||||||||||||||||||||||||||||||||||
| shareholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||
| total shareholders' equity | 256,017,873 | 227,866,038 | 187,111,704 | 146,156,625 | |||||||||||||||||||||||||||||||||||||||||||
| compensation expense related to stock appreciation rights | 4,834,325 | ||||||||||||||||||||||||||||||||||||||||||||||
| cumulative other comprehensive income | 28,621 | -55,486 | -324,306 | ||||||||||||||||||||||||||||||||||||||||||||
| furniture and fixtures | 6,702,798 | 3,752,555 | |||||||||||||||||||||||||||||||||||||||||||||
| deferred revenue | 1,246,225 | 1,184,943 | |||||||||||||||||||||||||||||||||||||||||||||
| income tax receivable | |||||||||||||||||||||||||||||||||||||||||||||||
| goodwill, less accumulated amortization of 5,378,000 in 2004 and 2003, respectively | 40,962,104 | ||||||||||||||||||||||||||||||||||||||||||||||
| cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
| net income | 8,615,147 | ||||||||||||||||||||||||||||||||||||||||||||||
| adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
| depreciation | 6,128,545 | ||||||||||||||||||||||||||||||||||||||||||||||
| amortization | 427,438 | ||||||||||||||||||||||||||||||||||||||||||||||
| non-cash compensation expense | 84,700 | ||||||||||||||||||||||||||||||||||||||||||||||
| non-cash interest expense | 505,126 | ||||||||||||||||||||||||||||||||||||||||||||||
| benefit from doubtful accounts | 408,885 | ||||||||||||||||||||||||||||||||||||||||||||||
| deferred income tax benefit | 763,855 | ||||||||||||||||||||||||||||||||||||||||||||||
| net (gain) loss on sale of property, plant and equipment | 10,412 | ||||||||||||||||||||||||||||||||||||||||||||||
| effects of changes in operating assets and liabilities, net of acquisition of subsidiaries: | |||||||||||||||||||||||||||||||||||||||||||||||
| prepaid expenses and other assets | -11,152 | ||||||||||||||||||||||||||||||||||||||||||||||
| net change in billings related to costs and estimated earnings on uncompleted contracts | 1,697,507 | ||||||||||||||||||||||||||||||||||||||||||||||
| other accrued liabilities and income taxes | 1,566,335 | ||||||||||||||||||||||||||||||||||||||||||||||
| net cash from operating activities | 22,927,191 | ||||||||||||||||||||||||||||||||||||||||||||||
| cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from the sale of property, plant and equipment | 17,481 | ||||||||||||||||||||||||||||||||||||||||||||||
| purchases of property, plant and equipment | -3,958,611 | ||||||||||||||||||||||||||||||||||||||||||||||
| acquisition of subsidiaries, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from the sale of long-term investments | |||||||||||||||||||||||||||||||||||||||||||||||
| net cash from investing activities | -3,941,130 | ||||||||||||||||||||||||||||||||||||||||||||||
| cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from revolving loan | 8,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||
| payments on revolving loan | -17,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| payments on long-term debt | -10,045,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| cash dividends paid | |||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from exercise of stock options | 304,892 | ||||||||||||||||||||||||||||||||||||||||||||||
| purchase of treasury stock | |||||||||||||||||||||||||||||||||||||||||||||||
| net cash from financing activities | -18,740,108 | ||||||||||||||||||||||||||||||||||||||||||||||
| net increase in cash and cash equivalents | 245,953 | ||||||||||||||||||||||||||||||||||||||||||||||
| cash and cash equivalents at beginning of year | 1,737,876 | ||||||||||||||||||||||||||||||||||||||||||||||
| cash and cash equivalents at end of year | 1,983,829 | ||||||||||||||||||||||||||||||||||||||||||||||
| supplemental disclosures of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||
| cash paid during the year for: | |||||||||||||||||||||||||||||||||||||||||||||||
| interest | 3,535,073 | ||||||||||||||||||||||||||||||||||||||||||||||
| income taxes | 4,680,157 |
We provide you with 20 years of balance sheets for AZZ stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of AZZ. Explore the full financial landscape of AZZ stock with our expertly curated balance sheets.
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