AZZ INC
For the period ended Feb 28, 2025. Filed Apr 21, 2025.
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FY2025 · Filed Apr 21, 2025
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 28, 2025 | February 29, 2024 | February 28, 2023 | |
| Net income (loss) available to common shareholders | $52,435 | $87,207 | $(61,214) |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustments: | |||
| Unrealized translation loss | (2,701) | (57) | (7,997) |
| Unrealized translation gain (loss) for unconsolidated subsidiary, net of tax(1) | (1,806) | 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) | (403) | (303) | 119 |
| Unrealized gain (loss) on derivatives qualified for hedge accounting: | |||
| Unrealized gain on interest rate swap, net of tax(3) | 153 | 3,321 | 2,740 |
| Amounts reclassified from accumulated other comprehensive income to earnings, net of tax(4) | (2,951) | (3,667) | 139 |
| Unrealized gain (loss) on interest rate swap, net of tax for unconsolidated subsidiary(5) | 22 | (33) | — |
| Other comprehensive income (loss) | (7,686) | 679 | 22,751 |
| Comprehensive income (loss) | $44,749 | $87,886 | $(38,463) |
| (1) | Unrealized translation gain (loss) for unconsolidated subsidiary is related to the Company's unconsolidated investment in the AVAIL JV and represents the Company's 40% interest in this amount. Net of tax expense (benefit) of $(610) and $491 for 2025 and 2024, respectively. |
| (2) | Net of tax expense (benefit) of $(127), $(105) and $43 for 2025, 2024 and 2023, respectively. |
| (3) | Net of tax expense (benefit) of $(53), $1,099 and $995 for 2025, 2024 and 2023, respectively. |
| (4) | Net of tax expense of $1,017, $1,268 and $51 for 2025, 2024 and 2023, respectively. |
| (5) | Unrealized gain (loss) on interest rate swap, net of tax for unconsolidated subsidiary is related to the Company's unconsolidated investment in the AVAIL JV and represents the Company's 40% interest in this amount. Net of tax expense (benefit) of $7 and $(12) for 2025 and 2024, respectively. |
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