Financial insights of AIR

MyFinsight

Income Statement	2026-02-28	2025-11-30	2025-08-31	2025-02-28
Sales	845,100	795,300	739,600	678,200
Product	440,200	413,200	400,700	NaN
Service	250,200	225,200	205,200	NaN
Cost of sales	690,400	638,400	605,900	546,500
Gross profit	154,700	156,900	133,700	131,700
Provision for (recovery of) credit losses	500	1,100	600	-200
Selling, general and administrative	89,800	88,700	71,200	61,300
Earnings (loss) from joint ventures	1,400	-100	3,000	500
Operating income	65,800	67,000	64,900	71,100
Bargain purchase gain	35,700	NaN	NaN	NaN
Gain on sale of headquarters building	9,800	NaN	NaN	NaN
Gain (loss) related to sale and exit of businesses	-400	-100	700	NaN
Other expense, net	-700	-200	-100	-100
Interest expense	17,500	19,100	18,800	18,500
Losses related to sale and exit of business	NaN	NaN	NaN	-64,000
Interest income	400	500	300	400
Income (loss) from continuing operations before income taxes (benefit)	NaN	NaN	NaN	-11,100
Income (loss) before income taxes	93,100	48,100	47,000	NaN
Income tax expense (benefit)	25,100	13,500	12,600	-2,200
Net income (loss)	68,000	34,600	34,400	-8,900

Basic EPS	1.72	0.91	0.96	-0.25
Diluted EPS	1.71	0.9	0.95	-0.25
Basic Average Shares	39,300,000	37,800,000	35,700,000	35.4
Diluted Average Shares	39,500,000	38,100,000	35,900,000	35.4

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.