Segment Data (Tables)

12 Months Ended

May 31, 2012

Financial Information for Reportable Segments

The following table presents summarized financial information for our reportable business segments as of, and for the fiscal years ended, May 31:

(in thousands)	2012			2011			2010
Net sales
Steel Processing	$	1,578,509		$	1,405,492		$	988,950
Pressure Cylinders		770,101			591,945			467,572
Engineered Cabs		104,272			-			-
Metal Framing		4,402			249,543			330,578
Other		77,417			195,644			155,934
Total net sales	$	2,534,701		$	2,442,624		$	1,943,034
Operating income (loss)
Steel Processing	$	71,578		$	77,671		$	51,353
Pressure Cylinders		45,108			48,954			30,056
Engineered Cabs		4,878			-			-
Metal Framing		(3,913	)		(7,530	)		(10,186	)
Other		(16,041	)		5,261			(49,260	)
Total operating income	$	101,610		$	124,356		$	21,963
Depreciation and amortization
Steel Processing	$	26,843		$	27,632		$	26,290
Pressure Cylinders		20,407			14,734			12,936
Engineered Cabs		3,540			-			-
Metal Framing		765			9,623			14,591
Other		4,318			9,069			10,836
Total depreciation and amortization	$	55,873		$	61,058		$	64,653
Pre-tax restructuring and other expense (income)
Steel Processing	$	-		$	(303	)	$	(488	)
Pressure Cylinders		52			-			309
Engineered Cabs		-			-			-
Metal Framing		-			1,387			3,892
Other		5,932			1,569			530
Total pre-tax restructuring and other expense	$	5,984		$	2,653		$	4,243
Pre-tax impairment of long-lived assets
Steel Processing	$	-		$	-		$	-
Pressure Cylinders		-			-			-
Engineered Cabs		-			-			-
Metal Framing		-			-			-
Other		355			4,386			35,409
Total pre-tax impairment of long-lived assets	$	355		$	4,386		$	35,409
Joint venture transactions
Steel Processing	$	(2,102	)	$	-		$	-
Pressure Cylinders		-			-			-
Engineered Cabs		-			-			-
Metal Framing		1,952			(1,810	)		-
Other		-			(8,626	)		-
Total joint venture transactions	$	(150	)	$	(10,436	)	$	-
Total assets
Steel Processing	$	703,336		$	742,838		$	674,953
Pressure Cylinders		575,250			481,361			393,639
Engineered Cabs		199,594			-			-
Metal Framing		7,688			37,069			203,072
Other		391,929			405,981			248,683
Total assets	$	1,877,797		$	1,667,249		$	1,520,347

Net Sales by Geographic Region

The following table presents net sales by geographic region for the years ended May 31:

(in thousands)	2012		2011		2010
United States	$	2,333,575	$	2,256,579	$	1,832,286
Canada		29,097		32,891		39,751
Europe		150,458		116,071		70,997
Other		21,571		37,083		-
Total	$	2,534,701	$	2,442,624	$	1,943,034

Property, Plant and Equipment, Net by Geographic Region

The following table presents property, plant and equipment, net, by geographic region as of May 31:

(in thousands)	2012		2011		2010
United States	$	371,269	$	337,894	$	459,174
Canada		1,270		1,368		1,055
Europe		59,209		49,627		45,934
Other		11,329		16,445		-
Total	$	443,077	$	405,334	$	506,163