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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    1,070.2795.0817.7788.6783.5855.5
            Sales growth    36.6%-7.1%-2.5%-11.3%-17.8% 
Costs and Expenses          
Cost of sales    796.4586.3611.1591.5588.7651.0
    Gross margin    273.8208.7206.6197.1194.8204.5
            Gross margin    25.6%26.3%25.3%25.0%24.9%23.9%
Selling, general and administrative    127.4106.5101.697.896.2106.5
    Operating income from continuing operations    148.2104.0106.899.597.378.0
            Operating margin    13.8%13.1%13.1%12.6%12.4%9.1%
Interest expense    -38.6-12.1-6.4-7.3-8.0-8.7
Other (income) expense, net    0.70.7-0.30.6-1.5-1.5
    Income from continuing operations before income taxes    56.438.7  18.2 
Income tax expense    25.718.821.417.718.414.3
    Net income from continuing operations    40.529.6  14.3 
Income from discontinued operations, net of tax    15.513.4  4.7 
Loss on disposal of discontinued operations, net of tax    -80.78.7    
    Net income (loss) from discontinued operations    -74.013.4  4.7 
    Net income (loss)    9.285.884.078.677.256.4
Dividends on preferred stock    -1.0     
    Net income (loss) available to common shareholders    -34.543.1  19.0 
   
Basic earnings (loss) per share          
Earnings    0.00.0  0.0 
Earnings    0.00.0  0.0 
   
Basic earnings per common share (usd per share)    $0.33$3.45$3.37$3.13$3.04$2.21
   
Diluted Earnings (Loss) Per Share [Abstract]          
Diluted earnings per common share (usd per share)    $0.77$3.44$3.36$3.11$3.02$2.19
Earnings    0.00.0  0.0 
Earnings    0.00.0  0.0 
   
Weighted average shares outstanding          
Weighted average number common shares, basic (shares)    24.818.618.718.919.225.8
Weighted average number common shares, diluted (shares)    26.218.918.819.119.325.9
   
Cash dividends declared per common share (usd per share)    $0.68$0.68$0.68$0.68$0.68$0.68

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