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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Feb. 28, 2014
Feb. 28, 2013
Feb. 28, 2014
Feb. 28, 2013
Operating activities        
Net earnings $ 44,211 $ 37,331 $ 128,904 $ 104,818
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Depreciation and amortization 20,208 17,048 59,763 48,136
Impairment of long-lived assets     35,375 1,520
Provision for deferred income taxes 1,278 6,491 (20,256) 9,850
Bad debt expense (income) (134) 76 (430) 575
Equity in net income of unconsolidated affiliates, net of distributions 1,048 (4,841) (8,373) (19,256)
Net gain (loss) on sale of assets 990 (153) (10,860) (222)
Stock-based compensation 4,705 3,653 13,207 10,586
Excess tax benefits - stock-based compensation (1,462) (3,455) (7,294) (3,455)
Gain on previously held equity interest in TWB     (11,000)  
Changes in assets and liabilities, net of impact of acquisitions:        
Receivables (30,228) (41,672) (14,999) 27,078
Inventories (38,260) (15,158) (59,583) 42,743
Prepaid expenses and other current assets 2,429 32 4,136 1,634
Other assets (762) 198 (187) 3,135
Accounts payable and accrued expenses 91,485 35,320 108,185 (34,871)
Other liabilities 1,316 1,434 4,019 3,412
Net cash provided by operating activities 96,824 36,304 220,607 195,683
Investing activities        
Investment in property, plant and equipment (21,743) (9,786) (52,157) (34,402)
Acquisitions, net of cash acquired (35,599)   17,634 (62,110)
Distributions from unconsolidated affiliates     9,223  
Proceeds from sale of assets 580 552 24,313 16,227
Net cash used by investing activities (56,762) (9,234) (987) (80,285)
Financing activities        
Net payments of short-term borrowings (8,347) (13,390) (78,624) (251,586)
Proceeds from long-term debt       150,000
Principal payments on long-term debt (286) (365) (855) (1,170)
Proceeds from (payments for) issuance of common shares (1,241) 17,332 5,246 32,960
Excess tax benefits - stock-based compensation 1,462 3,455 7,294 3,455
Distributions to noncontrolling interest (36,512) (2,592) (39,150) (8,582)
Repurchase of common shares (40,762)   (91,078)  
Dividends paid (10,545) (27,040) (20,952) (44,144)
Net cash used by financing activities (96,231) (22,600) (218,119) (119,067)
Increase (decrease) in cash and cash equivalents (56,169) 4,470 1,501 (3,669)
Cash and cash equivalents at beginning of period 109,055 32,889 51,385 41,028
Cash and cash equivalents at end of period $ 52,886 $ 37,359 $ 52,886 $ 37,359