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Goodwill and Long-Lived Assets (Tables)
 3 Months Ended
Aug. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill by segment and in total:

 

(in thousands)

 

Steel Processing

 

 

Consumer Products (1)

 

 

Building Products (1)

 

 

Sustainable Energy Solutions (1)

 

 

Total

 

Balance at May 31, 2021

 

$

20,218

 

 

$

240,940

 

 

$

72,273

 

 

$

17,625

 

 

$

351,056

 

Acquisitions and purchase accounting adjustments

 

 

26,669

 

 

 

237

 

 

 

-

 

 

 

-

 

 

 

26,906

 

Translation adjustments

 

 

-

 

 

 

 

 

 

 

(1,915

)

 

 

(851

)

 

 

(2,766

)

Balance at August 31, 2021

 

$

46,887

 

 

$

241,177

 

 

$

70,358

 

 

$

16,774

 

 

$

375,196

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) In connection with the realignment of the Company's pressure cylinders business, as discussed further in Note O - Segment Operations, the goodwill of our former Pressure Cylinders reporting unit was allocated to the new reporting units on a relative fair value basis.