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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
May 31, 2020
May 31, 2019
May 31, 2018
Income Statement [Abstract]      
Net sales $ 3,059,119 $ 3,759,556 $ 3,581,620
Cost of goods sold 2,615,782 3,279,601 3,018,763
Gross margin 443,337 479,955 562,857
Selling, general and administrative expense 328,110 338,392 367,460
Impairment of goodwill and long-lived assets 82,690 7,817 61,208
Restructuring and other expense (income), net 10,048 (11,018) (7,421)
Operating income 22,489 144,764 141,610
Other income (expense):      
Miscellaneous income, net 9,099 2,716 2,996
Interest expense (31,616) (38,063) (38,675)
Loss on extinguishment of debt (4,034)    
Equity in net income of unconsolidated affiliates 114,848 97,039 103,139
Earnings before income taxes 110,786 206,456 209,070
Income tax expense 26,342 43,183 8,220
Net earnings 84,444 163,273 200,850
Net earnings attributable to noncontrolling interests [1] 5,648 9,818 6,056
Net earnings attributable to controlling interest $ 78,796 $ 153,455 $ 194,794
Basic      
Average common shares outstanding 54,958 57,196 60,923
Earnings per share attributable to controlling interest $ 1.43 $ 2.68 $ 3.20
Diluted      
Average common shares outstanding 55,983 58,823 63,042
Earnings per share attributable to controlling interest $ 1.41 $ 2.61 $ 3.09
[1] Net earnings attributable to noncontrolling interests are not taxable to Worthington.