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Results of Reportable Segments (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
May 31, 2016
Feb. 29, 2016
Nov. 30, 2015
Aug. 31, 2015
May 31, 2015
Feb. 28, 2015
[1]
Nov. 30, 2014
Aug. 31, 2014
May 31, 2016
May 31, 2015
May 31, 2014
Segment Reporting Information [Line Items]                      
Net Sales $ 1,426,584 $ 988,555 $ 1,155,984 $ 1,242,526 $ 1,373,159 $ 946,367 $ 1,071,128 $ 1,203,896 $ 4,813,649 [2] $ 4,594,550 [2] $ 4,376,353 [2]
Income (Expense) Before Income Taxes [3]                 483,466 453,253 424,487
Interest (Expense), Net [4]                 (81,318) (69,038) (65,236)
EBIT [5]                 564,784 522,291 489,723
Total Assets 4,776,041       4,694,240       4,776,041 4,694,240 4,378,365
Capital Expenditures                 117,183 85,363 93,792
Depreciation and Amortization                 111,039 99,176 90,069
Operating Segments | Industrial Segment                      
Segment Reporting Information [Line Items]                      
Net Sales                 2,444,120 2,533,476 2,464,266
Income (Expense) Before Income Taxes [3]                 252,781 246,997 234,123
Interest (Expense), Net [4]                 (5,987) (8,190) (10,482)
EBIT [5]                 258,768 255,187 244,605
Total Assets 2,165,920       2,105,364       2,165,920 2,105,364 2,222,704
Capital Expenditures                 76,761 46,150 50,039
Depreciation and Amortization                 46,570 47,235 48,046
Operating Segments | Specialty Segment                      
Segment Reporting Information [Line Items]                      
Net Sales                 732,091 457,245 305,391
Income (Expense) Before Income Taxes [3]                 111,945 68,340 61,628
Interest (Expense), Net [4]                 730 534 255
EBIT [5]                 111,215 67,806 61,373
Total Assets 794,899       798,893       794,899 798,893 284,553
Capital Expenditures                 11,479 7,823 4,517
Depreciation and Amortization                 26,773 13,596 5,624
Operating Segments | Consumer Segment                      
Segment Reporting Information [Line Items]                      
Net Sales                 1,637,438 1,603,829 1,606,696
Income (Expense) Before Income Taxes [3]                 268,218 274,001 251,229
Interest (Expense), Net [4]                 40 34 122
EBIT [5]                 268,178 273,967 251,107
Total Assets 1,734,600       1,626,097       1,734,600 1,626,097 1,648,272
Capital Expenditures                 27,269 29,354 35,391
Depreciation and Amortization                 31,445 32,153 31,378
Corporate/Other                      
Segment Reporting Information [Line Items]                      
Income (Expense) Before Income Taxes [3]                 (149,478) (136,085) (122,493)
Interest (Expense), Net [4]                 (76,101) (61,416) (55,131)
EBIT [5]                 (73,377) (74,669) (67,362)
Total Assets $ 80,622       $ 163,886       80,622 163,886 222,836
Capital Expenditures                 1,674 2,036 3,845
Depreciation and Amortization                 $ 6,251 $ 6,192 $ 5,021
[1] Reflects the reconsolidation of SPHC effective January 1, 2015, and adjustments of $106.2 million to the Provision for Income Taxes related to the recognition of an ASC 740-30 tax liability for the potential repatriation of foreign earnings and related impact on Net Income Attributable to Noncontrolling Interests. Refer to Note F, “Income Taxes,” to the Consolidated Financial Statements for information regarding unremitted foreign earnings.
[2] It is not practicable to obtain the information needed to disclose revenues attributable to each of our product lines.
[3] The presentation includes a reconciliation of Income (Loss) Before Income Taxes, a measure defined by Generally Accepted Accounting Principles (GAAP) in the United States, to EBIT.
[4] Interest (expense), net includes the combination of interest expense and investment expense (income), net.
[5] EBIT is defined as earnings (loss) before interest and taxes. We evaluate the profit performance of our segments based on income before income taxes, but also look to EBIT as a performance evaluation measure because interest expense is essentially related to acquisitions, as opposed to segment operations. We believe EBIT is useful to investors for this purpose as well, using EBIT as a metric in their investment decisions. EBIT should not be considered an alternative to, or more meaningful than, income before taxes as determined in accordance with GAAP, since EBIT omits the impact of interest in determining operating performance, which represent items necessary to our continued operations, given our level of indebtedness. Nonetheless, EBIT is a key measure expected by and useful to our fixed income investors, rating agencies and the banking community, all of whom believe, and we concur, that this measure is critical to the capital markets’ analysis of our segments’ core operating performance. We also evaluate EBIT because it is clear that movements in EBIT impact our ability to attract financing. Our underwriters and bankers consistently require inclusion of this measure in offering memoranda in conjunction with any debt underwriting or bank financing. EBIT may not be indicative of our historical operating results, nor is it meant to be predictive of potential future results.