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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Income Statement [Abstract]    
Net sales $ 1,110,818 $ 702,909
Cost of goods sold 891,444 589,551
Gross margin 219,374 113,358
Selling, general and administrative expense 95,851 82,196
Impairment of long-lived assets 0 9,924
Restructuring and other (income) expense, net (12,274) 1,848
Incremental expenses related to Nikola gains 0 49,511
Operating income (loss) 135,797 (30,121)
Other income (expense):    
Miscellaneous income, net 630 452
Interest expense (7,718) (7,590)
Equity in net income of unconsolidated affiliates 52,916 23,634
Gains on investment in Nikola 0 796,141
Earnings before income taxes 181,625 782,516
Income tax expense 40,150 163,778
Net earnings 141,475 618,738
Net earnings attributable to noncontrolling interests 8,984 2,063
Net earnings attributable to controlling interest $ 132,491 $ 616,675
Basic    
Weighted average common shares outstanding 50,852 54,070
Earnings per share attributable to controlling interest $ 2.61 $ 11.41
Diluted    
Weighted average common shares outstanding 51,865 54,942
Earnings per share attributable to controlling interest $ 2.55 $ 11.22
Common shares outstanding at end of period 50,438 53,362
Cash dividends declared per share $ 0.28 $ 0.25