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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Worthington Taylor, LLC
Worthington Samuel Coil Processing Llc
Common Shares
Additional Paid-in Capital
Additional Paid-in Capital
Worthington Taylor, LLC
Accumulated Other Comprehensive Income (Loss), Net of Tax
Retained Earnings
Total
Total
Worthington Taylor, LLC
Noncontrolling Interests
Noncontrolling Interests
Worthington Taylor, LLC
Noncontrolling Interests
Worthington Samuel Coil Processing Llc
Balance at May. 31, 2019 $ 948,394       $ 283,177   $ (43,464) $ 591,533 $ 831,246   $ 117,148    
Balance (in shares) at May. 31, 2019       55,467,525                  
Net earnings 84,444             78,796 78,796   5,648    
Other comprehensive income (loss) 8,247           8,247   8,247        
Common shares issued, net of withholding tax (6,513)       (6,513)       (6,513)        
Common shares issued, net of withholding tax (in shares)       448,960                  
Theoretical common shares in NQ plans 547       547       547        
Stock-based compensation 13,191       13,191       13,191        
Consolidation of Worthington Samuel Coil Processing LLC     $ 24,269                   $ 24,269
Repurchases and retirement of common shares $ (50,972)       (6,626)     (44,346) (50,972)        
Repurchases and retirement of common shares (in shares) 1,300,000     1,300,000                  
Dividends to noncontrolling interests $ (1,453)                   (1,453)    
Cash dividends declared ($0.96 per share in 2020, $1.03 per share in 2021 and $1.03 per share in 2022) (53,721)             (53,721) (53,721)        
Balance at May. 31, 2020 966,433       283,776   (35,217) 572,262 820,821   145,612    
Balance (in shares) at May. 31, 2020       54,616,485                  
Net earnings 741,450             723,795 723,795   17,655    
Other comprehensive income (loss) 80,604           80,604   80,604        
Common shares issued, net of withholding tax 6,581       6,581       6,581        
Common shares issued, net of withholding tax (in shares)       732,326                  
Theoretical common shares in NQ plans 556       556       556        
Stock-based compensation 13,005       13,005       13,005        
Partner contribution to Worthington Samuel Coil Processing, LLC     $ 925                   $ 925
Repurchases and retirement of common shares $ (192,054)       (21,128)     (170,926) (192,054)        
Repurchases and retirement of common shares (in shares) 4,018,464     4,018,464                  
Dividends to noncontrolling interests $ (10,690)                   (10,690)    
Cash dividends declared ($0.96 per share in 2020, $1.03 per share in 2021 and $1.03 per share in 2022) (55,115)             (55,115) (55,115)        
Balance at May. 31, 2021 1,551,695       282,790   45,387 1,070,016 1,398,193   153,502    
Balance (in shares) at May. 31, 2021       51,330,347                  
Net earnings 399,264             379,386 379,386   19,878    
Other comprehensive income (loss) (68,237)           (68,237)   (68,237)        
Common shares issued, net of withholding tax (6,280)       (6,280)       (6,280)        
Common shares issued, net of withholding tax (in shares)       284,765                  
Theoretical common shares in NQ plans 592       592       592        
Stock-based compensation 15,672       15,672       15,672        
Repurchases and retirement of common shares $ (180,248)       (17,962)     (162,286) (180,248)        
Repurchases and retirement of common shares (in shares) 3,235,000     3,235,000                  
Purchase of noncontrolling interest in Worthington Taylor, LLC   $ 6,383       $ 1,373       $ 1,373   $ 5,010  
Dividends to noncontrolling interests $ (35,160)                   35,160    
Cash dividends declared ($0.96 per share in 2020, $1.03 per share in 2021 and $1.03 per share in 2022) (56,953)             (56,953) (56,953)        
Balance at May. 31, 2022 $ 1,613,962       $ 273,439   $ (22,850) $ 1,230,163 $ 1,480,752   $ 133,210    
Balance (in shares) at May. 31, 2022       48,380,112