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Segment Segment Operations (Tables)
3 Months Ended
Aug. 31, 2018
Segment Reporting [Abstract]  
Financial Information for Reportable Segments

The following table presents summarized financial information for our reportable segments as of, and for the periods presented:

 

 

Three Months Ended August 31,

 

(in thousands)

2018

 

 

2017

 

Net sales

 

 

 

 

 

 

 

Steel Processing

$

660,487

 

 

$

543,491

 

Pressure Cylinders

 

300,353

 

 

 

269,811

 

Engineered Cabs

 

27,252

 

 

 

31,946

 

Other

 

15

 

 

 

2,989

 

Total net sales

$

988,107

 

 

$

848,237

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

 

 

 

 

 

 

Steel Processing

$

39,660

 

 

$

32,872

 

Pressure Cylinders

 

14,733

 

 

 

10,458

 

Engineered Cabs

 

(4,311

)

 

 

(361

)

Other

 

829

 

 

 

(744

)

Total operating income

$

50,911

 

 

$

42,225

 

 

 

 

 

 

 

 

 

Impairment of long-lived assets

 

 

 

 

 

 

 

Steel Processing

$

-

 

 

$

-

 

Pressure Cylinders

 

2,381

 

 

 

-

 

Engineered Cabs

 

-

 

 

 

-

 

Other

 

-

 

 

 

-

 

Total impairment of long-lived assets

$

2,381

 

 

$

-

 

 

 

 

 

 

 

 

 

Restructuring and other expense (income), net

 

 

 

 

 

 

 

Steel Processing

$

(9

)

 

$

279

 

Pressure Cylinders

 

(927

)

 

 

1,877

 

Engineered Cabs

 

-

 

 

 

4

 

Other

 

-

 

 

 

144

 

Total restructuring and other expense (income), net

$

(936

)

 

$

2,304

 

 

 

August 31,

 

 

May 31,

 

(in thousands)

2018

 

 

2018

 

Total assets

 

 

 

 

 

 

 

Steel Processing

$

1,029,852

 

 

$

999,238

 

Pressure Cylinders

 

1,131,120

 

 

 

1,147,268

 

Engineered Cabs

 

64,333

 

 

 

66,456

 

Other

 

384,870

 

 

 

408,825

 

Total assets

$

2,610,175

 

 

$

2,621,787