XML 181 R108.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Data - Financial Information for Reportable Segments (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
May 31, 2021
Feb. 28, 2021
Nov. 30, 2020
Aug. 31, 2020
May 31, 2020
Feb. 29, 2020
Nov. 30, 2019
Aug. 31, 2019
May 31, 2021
May 31, 2020
May 31, 2019
Segment Reporting Information [Line Items]                      
Net sales $ 978,319 $ 759,109 $ 731,092 $ 702,909 $ 611,627 $ 763,996 $ 827,637 $ 855,859 $ 3,171,429 $ 3,059,119 $ 3,759,556
Operating income (loss)                 167,473 22,489 144,764
Segment operating income                 216,425 24,499 144,080
Incremental expenses related to Nikola gains                 (50,624)    
Depreciation and amortization                 87,654 92,678 95,602
Impairment of goodwill and long-lived assets     $ 3,815 [1] $ 9,924 [1] 7,462 [1] $ 34,627 [1]   $ 40,601 [1] 13,739 82,690 7,817
Restructuring and other expense (income), net                 56,097 10,048 (11,018)
Total assets 3,373,245       2,331,515       3,373,245 2,331,515 2,510,796
Total capital expenditures                 82,178 95,503 84,499
Steel Processing                      
Segment Reporting Information [Line Items]                      
Net sales                 2,059,397 1,859,670 2,435,818
Operating income (loss)                 208,648 40,564 89,761
Depreciation and amortization                 40,870 40,819 40,374
Impairment of goodwill and long-lived assets                   1,839 3,269
Restructuring and other expense (income), net                 1,883 3,501 (9)
Total assets 1,267,559       821,657       1,267,559 821,657 924,966
Total capital expenditures                 28,306 40,588 39,114
Pressure Cylinders                      
Segment Reporting Information [Line Items]                      
Net sales                 1,110,973 1,148,424 1,207,798
Operating income (loss)                 9,276 38,903 69,872
Depreciation and amortization                 38,885 42,565 42,403
Impairment of goodwill and long-lived assets                 13,739 37,153 4,548
Restructuring and other expense (income), net                 54,155 5,282 (11,009)
Total assets 1,156,092       1,104,603       1,156,092 1,104,603 1,123,115
Total capital expenditures                 45,520 41,484 37,558
Other                      
Segment Reporting Information [Line Items]                      
Net sales                 1,059 51,025 115,940
Operating income (loss)                 (1,499) (54,968) (15,553)
Depreciation and amortization                 7,899 9,294 12,825
Impairment of goodwill and long-lived assets                   43,698  
Restructuring and other expense (income), net                 59 1,265  
Total assets $ 949,594       $ 405,255       949,594 405,255 462,715
Total capital expenditures                 8,352 13,431 7,827
Unallocated Corporate Other                      
Segment Reporting Information [Line Items]                      
Operating income (loss)                 $ 1,672 $ (2,010) $ 684
[1]

For additional information regarding the Company’s impairment activity, refer to “Note E – Goodwill and Other Long-Lived Assets.”