Segment Data (Tables)

12 Months Ended

May 31, 2018

Segment Reporting [Abstract]

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)	2018			2017			2016
Net sales
Steel Processing	$	2,252,771		$	2,074,869		$	1,843,661
Pressure Cylinders		1,206,183			829,846			844,898
Engineered Cabs		116,631			101,388			121,946
Other		6,035			8,005			9,209
Total net sales	$	3,581,620		$	3,014,108		$	2,819,714
Operating income (loss)
Steel Processing	$	152,690		$	170,481		$	112,001
Pressure Cylinders		23,396			54,098			28,375
Engineered Cabs		(11,305	)		(7,685	)		(19,331	)
Other		(23,171	)		(3,773	)		1,007
Total operating income	$	141,610		$	213,121		$	122,052
Depreciation and amortization
Steel Processing	$	43,331		$	42,861		$	38,523
Pressure Cylinders		46,691			31,052			32,403
Engineered Cabs		5,415			5,197			6,205
Other		7,922			7,683			7,568
Total depreciation and amortization	$	103,359		$	86,793		$	84,699
Impairment of goodwill and long-lived assets
Steel Processing	$	-		$	-		$	-
Pressure Cylinders		53,883			-			22,962
Engineered Cabs		-			-			3,000
Other		7,325			-			-
Total impairment of goodwill and long-lived assets	$	61,208		$	-		$	25,962
Restructuring and other expense (income), net
Steel Processing	$	(10,087	)	$	1,828		$	4,110
Pressure Cylinders		2,365			3,411			392
Engineered Cabs		(78	)		1,219			3,570
Other		379			(47	)		(895	)
Total restructuring and other expense (income), net	$	(7,421	)	$	6,411		$	7,177
Total assets
Steel Processing	$	999,238		$	882,863		$	819,853
Pressure Cylinders		1,147,268			766,611			787,786
Engineered Cabs		66,456			62,141			75,124
Other		408,825			613,729			378,501
Total assets	$	2,621,787		$	2,325,344		$	2,061,264
Capital expenditures
Steel Processing	$	31,966		$	40,775		$	42,063
Pressure Cylinders		32,697			24,798			29,916
Engineered Cabs		2,067			755			6,945
Other		9,358			2,058			18,112
Total capital expenditures	$	76,088		$	68,386		$	97,036

Net Sales by Geographic Region

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

(in thousands)	2018		2017		2016
North America	$	3,275,090	$	2,805,182	$	2,662,196
International		306,530		208,926		157,518
Total	$	3,581,620	$	3,014,108	$	2,819,714

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)	2018		2017
North America	$	512,439	$	501,776
International		72,531		68,713
Total	$	584,970	$	570,489