Investments in Unconsolidated Affiliates (Tables)

6 Months Ended

Nov. 30, 2024

Equity Method Investments and Joint Ventures [Abstract]

Financial Information

The following tables summarize combined financial information for our unconsolidated affiliates included in continuing operations as of the dates, and for the periods presented:

	November 30,		May 31,
	2024		2024
Cash and cash equivalents	$	51,240	$	36,163
Other current assets		547,436		605,043
Noncurrent assets		372,466		360,261
Total assets	$	971,142	$	1,001,467
Current liabilities		212,806		264,963
Current maturities of long-term debt		3,208		13,450
Long-term debt		356,539		349,431
Other noncurrent liabilities		143,774		146,984
Equity		254,815		226,639
Total liabilities and equity	$	971,142	$	1,001,467

	Three Months Ended				Six Months Ended
	November 30,				November 30,
	2024		2023		2024		2023
Net sales	$	492,990	$	513,470	$	1,008,663	$	1,082,053
Gross profit		136,693		148,298		271,028		321,315
Operating income		90,847		118,958		185,193		250,405
Depreciation and amortization		7,725		7,224		15,731		14,800
Interest expense		4,529		4,538		9,287		10,277
Income tax expense		309		442		954		1,351
Net earnings		89,186		115,114		179,868		240,766