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Consolidated Statements Of Earnings (USD $)
In Thousands, except Per Share data
12 Months Ended
May 31, 2011
May 31, 2010
May 31, 2009
Consolidated Statements Of Earnings      
Net sales $ 2,442,624 $ 1,943,034 $ 2,631,267
Cost of goods sold 2,086,467 1,663,104 2,456,533
Gross margin 356,157 279,930 174,734
Selling, general and administrative expense 235,198 218,315 210,046
Impairment of long-lived assets 4,386 35,409 96,943
Restructuring and other expense 2,653 4,243 43,041
Joint venture transactions (10,436)    
Operating income (loss) 124,356 21,963 (175,296)
Other income (expense):      
Miscellaneous income (expense) 597 1,127 (2,329)
Gain on sale of investment in Aegis     8,331
Interest expense (18,756) (9,534) (20,734)
Equity in net income of unconsolidated affiliates 76,333 64,601 48,589
Earnings (loss) before income taxes 182,530 78,157 (141,439)
Income tax expense (benefit) 58,496 26,650 (37,754)
Net earnings (loss) 124,034 51,507 (103,685)
Net earnings attributable to noncontrolling interest 8,968 6,266 4,529
Net earnings (loss) attributable to controlling interest $ 115,066 $ 45,241 $ (108,214)
Basic      
Average common shares outstanding 74,803 79,127 78,903
Earnings (loss) per share attributable to controlling interest $ 1.54 $ 0.57 $ (1.37)
Diluted      
Average common shares outstanding 75,409 79,143 78,903
Earnings (loss) per share attributable to controlling interest $ 1.53 $ 0.57 $ (1.37)