Segment Operations (Tables)

3 Months Ended

Aug. 31, 2021

Segment Reporting [Abstract]

Schedule of Equity Income from Unconsolidated Joint Ventures Included in the Measurement of Segment Profit

For the periods presented, equity income from our unconsolidated joint ventures is included in the measurement of segment profit as shown in the table below.

Unconsolidated Joint Ventures Included in Segment Profit
Steel Processing	Consumer Products	Building Products	Sustainable Energy Solutions	Other
Serviacero Worthington	N/A	WAVE	N/A	Cabs
		ClarkDietrich		ArtiFlex

Financial Information for Reportable Segments

The following table presents summarized financial information for our reportable segments for the periods indicated, as well as a reconciliation of adjusted EBIT to the most comparable GAAP measure, which is operating income (loss) for purposes of measuring segment profit.

	Three Months Ended August 31, 2021
	Steel Processing			Consumer Products		Building Products			Sustainable Energy Solutions			Other			Consolidated
Net sales	$	822,810		$	147,783	$	114,743		$	25,482		$	-		$	1,110,818
Operating income (loss)	$	113,482		$	20,506	$	5,834		$	(2,352	)	$	(1,673	)	$	135,797
Restructuring and other income, net		(12,131	)		-		-			(143	)		-			(12,274	)
Adjusted operating income (loss)		101,351			20,506		5,834			(2,495	)		(1,673	)		123,523
Miscellaneous income (loss), net		30			49		(73	)		(59	)		683			630
Equity in net income of unconsolidated affiliates		9,349			-		42,993			-			574			52,916
Less net earnings attributable to noncontrolling interests (1)		3,038			-		-			-			-			3,038
Adjusted earnings (loss) before interest and taxes	$	107,692		$	20,555	$	48,754		$	(2,554	)	$	(416	)	$	174,031

	Three Months Ended August 31, 2020
	Steel Processing			Consumer Products			Building Products			Sustainable Energy Solutions			Other			Consolidated
Net sales	$	431,020		$	133,622		$	88,103		$	27,857		$	22,307		$	702,909
Operating income (loss)	$	13,617		$	23,424		$	(440	)	$	(643	)	$	(66,079	)	$	(30,121	)
Impairment of long-lived assets		-			506			1,423			-			7,995			9,924
Restructuring and other expense, net		1,471			-			-			-			377			1,848
Incremental expenses related to Nikola gains		-			-			-			-			49,511			49,511
Adjusted operating income (loss)		15,088			23,930			983			(643	)		(8,196	)		31,162
Miscellaneous income (loss), net		(43	)		(21	)		(161	)		82			595			452
Equity in net income of unconsolidated affiliates		1,309			-			22,552			-			(227	)		23,634
Less net earnings attributable to noncontrolling interests (1)		2,179			-			-			-			-			2,179
Adjusted earnings (loss) before interest and taxes	$	14,175		$	23,909		$	23,374		$	(561	)	$	(7,828	)	$	53,069
(1) Excludes the noncontrolling interest portion of impairment and restructuring charges (gains) of $(5,946,000) and $116,000 for the three months ended August 31, 2021 and 2020, respectively

Total assets for each of our reportable segments as of the dates indicated were as follows:

	August 31, 2021		May 31, 2021
Total assets
Steel Processing	$	1,762,053	$	1,359,598
Consumer Products		550,712		541,028
Building Products		574,077		664,113
Sustainable Energy Solutions		114,788		169,550
Other		546,125		638,956
Total assets	$	3,547,755	$	3,373,245