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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
May 31, 2012
May 31, 2011
May 31, 2010
Operating activities:      
Net earnings $ 125,353 $ 124,034 $ 51,507
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 55,873 61,058 64,653
Impairment of long-lived assets 355 4,386 35,409
Restructuring and other expense, non-cash   203 3,408
Joint venture transactions, non-cash   (21,652)  
Provision for deferred income taxes 775 7,482 (6,110)
Bad debt expense (income) 339 1,236 (900)
Equity in net income of unconsolidated affiliates, net of distributions (1,019) (19,188) (12,007)
Net loss (gain) on sale of assets (5,918) 652 (3,908)
Stock-based compensation 11,742 6,173 4,570
Excess tax benefits-stock-based compensation (578) (674) (165)
Gain on acquisitions and sales of subsidiary investments     (891)
Changes in assets and liabilities, net of impact of acquisitions:      
Receivables 956 (96,056) (114,892)
Inventories 17,310 (24,261) (64,499)
Prepaid expenses and other current assets 8,478 (10,465) 30,425
Other assets 4,141 922 205
Accounts payable and accrued expenses (45,847) 31,098 125,613
Other liabilities 1,689 6,947 (1,999)
Net cash provided by operating activities 173,649 71,895 110,419
Investing activities:      
Investment in property, plant and equipment, net (31,713) (22,025) (34,319)
Acquisitions, net of cash acquired (239,851) (31,705) (63,098)
Distributions from (investments in) unconsolidated affiliates, net 45,879 (6,161) (483)
Proceeds from sale of assets 37,089 20,614 15,950
Net cash used by investing activities (188,596) (39,277) (81,950)
Financing activities:      
Net proceeds from (payments of) short-term borrowings 97,626 132,956 (980)
Proceeds from long-term debt 5,880   146,942
Principal payments on long-term debt (342)   (138,013)
Proceeds from issuance of common shares 11,116 4,827 2,313
Excess tax benefits-stock-based compensation 578 674 165
Payments to minority interest (9,494) (10,992) (4,539)
Repurchase of common shares (73,418) (132,764)  
Dividends paid (32,138) (30,168) (31,660)
Net cash used by financing activities (192) (35,467) (25,772)
Increase (decrease) in cash and cash equivalents (15,139) (2,849) 2,697
Cash and cash equivalents at beginning of year 56,167 59,016 56,319
Cash and cash equivalents at end of year $ 41,028 $ 56,167 $ 59,016