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AZZ INC (AZZ)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsAug-31-23May-31-23Aug-31-22May-31-22Feb-28-22Nov-30-21Aug-31-21May-31-21
   10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q
Sales  398.5390.9406.7207.1224.7231.7131.4229.8
            Sales growth  -2.0%88.7%209.4%-9.9%14.8%2.3%-35.4%7.8%
Costs and Expenses          
Cost of sales  301.3293.9305.2147.1169.4174.895.0171.9
    Gross margin  97.297.0101.660.155.257.036.457.9
            Gross margin  24.4%24.8%25.0%29.0%24.6%24.6%27.7%25.2%
Selling, general and administrative  36.231.537.432.131.026.916.527.2
    Operating income from continuing operations  61.065.564.127.926.030.120.030.7
            Operating margin  15.3%16.8%15.8%13.5%11.6%13.0%15.2%13.4%
Interest expense  -27.8-28.7-28.1-7.5-1.3-1.6-1.7-1.7
Equity in (earnings) loss of unconsolidated subsidiaries  -1.0-1.4      
Other (income) expense, net  -0.10.00.10.0-0.81.40.0-1.0
    Income from continuing operations before income taxes  34.338.235.920.5  18.2 
Income tax expense  6.09.710.85.13.86.03.97.6
    Net income from continuing operations  28.328.525.115.4  14.3 
Income from discontinued operations, net of tax    6.78.7  4.7 
Loss on disposal of discontinued operations, net of tax    -89.48.7    
    Net income (loss) from discontinued operations    -82.78.7  4.7 
    Net income (loss)  28.328.5-57.624.121.621.119.022.3
Dividends on preferred stock  -3.6-3.6-1.0     
    Net income (loss) available to common shareholders  24.724.9-58.624.1  19.0 
   
Basic earnings (loss) per share          
Earnings  0.00.00.00.0  0.0 
Earnings    0.00.0  0.0 
   
Basic earnings per common share (usd per share)  $0.99$1.00($2.36)$0.97$0.87$0.85$0.76$0.89
   
Diluted Earnings (Loss) Per Share [Abstract]          
Diluted earnings per common share (usd per share)  $0.97$0.98($1.91)$0.96$0.87$0.85$0.76$0.88
Earnings  0.00.00.00.0  0.0 
Earnings    0.00.0  0.0 
   
Weighted average shares outstanding          
Weighted average number common shares, basic (shares)  25.124.924.824.724.924.70.025.1
Weighted average number common shares, diluted (shares)  29.229.229.125.725.124.90.025.3
   
Cash dividends declared per common share (usd per share)  $0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17

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