AZZ INC
For the period ended Feb 29, 2024. Filed Apr 22, 2024.
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FY2024 · Filed Apr 22, 2024
AZZ$130.81-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income (Loss)
| Year Ended | |||
|---|---|---|---|
| February 29, 2024 | February 28, 2023 | February 28, 2022 | |
| Net income (loss) available to common shareholders | $87,207 | $(61,214) | $84,022 |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustments: | |||
| Unrealized translation loss | (57) | (7,997) | (2,310) |
| Unrealized translation gain for unconsolidated subsidiary, net of tax(1) | 1,418 | — | — |
| Reclassification of foreign currency translation adjustment from accumulated other comprehensive loss to loss on sale of discontinued operations | — | 27,750 | — |
| Net pension actuarial gain (loss), net of tax(2) | (303) | 119 | — |
| Unrealized gain (loss) on derivatives qualified for hedge accounting: | |||
| Unrealized gain on interest rate swap, net of tax(3) | 3,321 | 2,740 | — |
| Amounts reclassified from accumulated other comprehensive income to earnings, net of tax(4) | (3,667) | 139 | — |
| Unrealized gain (loss) on interest rate swap, net of tax for unconsolidated subsidiary(1) | (33) | — | — |
| Other comprehensive income (loss) | 679 | 22,751 | (2,310) |
| Comprehensive income (loss) | $87,886 | $(38,463) | $81,712 |
| (1) Unrealized translation gain for unconsolidated subsidiary and unrealized gain (loss) on interest rate swap, net of tax for unconsolidated subsidiary are related to the Company's unconsolidated investment in the AVAIL JV and represents the Company's 40% interest for each respective amount. Net of tax expense of 491 for 2024. | |||
| (2) Net of tax expense (benefit) of $(105) and $43 for 2024 and 2023, respectively. | |||
| (3) Net of tax expense of $1,088 and $995 for 2024 and 2023, respectively. | |||
| (4) Net of tax expense (benefit) of $(1,268) and $51 for 2024 and 2023, respectively. | |||
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