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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Net sales $ 737,549 $ 758,147
Cost of goods sold 590,267 645,131
Gross margin 147,282 113,016
Selling, general and administrative expense 81,056 75,951
Impairment of long-lived assets 0 3,000
Restructuring and other expense 1,328 3,069
Operating income 64,898 30,996
Other income (expense):    
Miscellaneous income (expense), net 863 (578)
Interest expense (7,870) (7,854)
Equity in net income of unconsolidated affiliates 34,544 26,581
Earnings before income taxes 92,435 49,145
Income tax expense 23,899 14,150
Net earnings 68,536 34,995
Net earnings attributable to noncontrolling interests 2,969 3,027
Net earnings attributable to controlling interest $ 65,567 $ 31,968
Basic    
Average common shares outstanding 61,885 63,993
Earnings per share attributable to controlling interest $ 1.06 $ 0.50
Diluted    
Average common shares outstanding 64,337 66,065
Earnings per share attributable to controlling interest $ 1.02 $ 0.48
Common shares outstanding at end of period 62,179 63,343
Cash dividends declared per share $ 0.20 $ 0.19