Investments in Unconsolidated Affiliates (Tables)

9 Months Ended

Feb. 28, 2025

Equity Method Investments and Joint Ventures [Abstract]

Financial Information

The following table presents condensed financial information for our unconsolidated affiliates for the three and nine months ended February 28, 2025 and February 29, 2024.

	Three Months Ended						Nine Months Ended
	February 28,			February 29,			February 28,			February 29,
	2025			2024			2025			2024
WAVE
Net sales	$	118,357		$	117,248		$	358,889		$	353,034
Operating income		54,681			55,998			168,111			164,140
Depreciation and amortization		1,436			853			3,797			3,456
Interest expense, net		4,032			4,228			12,676			12,953
Income tax expense		70			52			267			179
Net earnings		50,531			51,706			155,736			151,202
ClarkDietrich
Net sales	$	271,184		$	316,269		$	863,486		$	985,302
Operating income		36,942			70,167			108,521			190,949
Depreciation and amortization		3,997			3,978			11,804			11,266
Interest expense (income), net		6			151			(100	)		168
Income tax expense		312			489			898			977
Net earnings		37,944			71,164			111,840			193,069
Other (1)
Net sales	$	70,258		$	64,421		$	246,087		$	241,656
Operating income (loss)		(8,129	)		212			(7,945	)		21,693
Depreciation and amortization		1,972			2,105			7,535			7,015
Interest expense, net		243			564			992			2,099
Income tax expense (benefit)		(24	)		8			147			744
Net earnings (loss)		(8,432	)		(2,888	)		(7,665	)		16,477

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(1)Includes the summarized financial information of the Sustainable Energy Solutions joint venture and Workhorse.