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Segment Operations - Reconciliation from Earnings Before Income Taxes to Adjusted EBITDA from Continuing Operations (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Nov. 30, 2024
Nov. 30, 2023
Segment Reporting [Abstract]        
Earnings before income taxes $ 37,109 $ 24,543 $ 67,899 $ 60,333
Plus: Net loss attributable to noncontrolling interest 251   496  
Net earnings before income taxes attributable to controlling interest 37,360 24,543 68,395 60,333
Interest expense, net 1,033 472 1,522 1,546
EBIT [1] 38,393 25,015 69,917 61,879
Corporate costs eliminated at Separation   9,671   19,343
Restructuring and other expense, net 2,620 6 3,778 6
Separation costs   7,056   9,466
Loss on extinguishment of debt       1,534
Gain on sale of assets in equity income   (2,780)   (2,780)
Adjusted EBIT [1] 41,013 38,968 73,695 89,448
Depreciation and amortization 11,927 12,215 23,757 24,290
Stock-based compensation [2] 3,273 3,861 7,197 7,220
Adjusted EBITDA from continuing operations $ 56,213 $ 55,044 $ 104,649 $ 120,958
[1] EBIT and adjusted EBIT are not used by management to evaluate our performance, engage in financial and operational planning, or to determine incentive compensation. Instead, they are included as subtotals in the reconciliation of earnings before income taxes to adjusted EBITDA from continuing operations, which management uses to assess operating performance.
[2] Excludes $2,665 of stock-based compensation reported in restructuring and other expense, net in our consolidated statement of earnings for the three months ended November 30, 2024 related to the accelerated vesting of certain outstanding equity awards upon retirement of our former CEO effective, November 1, 2024.