Segment Information (Tables)

12 Months Ended

May 31, 2019

Segment Reporting [Abstract]

Results of Reportable Segments

The following tables reflect the results of our reportable segments consistent with our management philosophy, and represent the information we utilize, in conjunction with various strategic, operational and other financial performance criteria, in evaluating the performance of our portfolio of businesses.  

Year Ended May 31,	2019			2018			2017
(In thousands)
Net Sales
Industrial	$	2,889,822		$	2,814,755		$	2,564,202
Consumer		1,887,767			1,754,339			1,680,384
Specialty		786,962			752,549			713,589
Total	$	5,564,551		$	5,321,643		$	4,958,175
Income (Loss) Before Income Taxes
Industrial	$	243,234		$	270,792		$	243,335
Consumer		215,002			171,874			58,726
Specialty		101,441			123,307			107,904
Corporate/Other		(219,832	)		(148,925	)		(165,632	)
Total	$	339,845		$	417,048		$	244,333
Identifiable Assets
Industrial	$	2,322,511		$	2,422,799		$	2,382,784
Consumer		1,984,332			1,859,381			1,821,190
Specialty		860,125			740,952			759,822
Corporate/Other		274,387			248,690			126,653
Total	$	5,441,355		$	5,271,822		$	5,090,449
Capital Expenditures
Industrial	$	54,514		$	60,145		$	65,083
Consumer		54,444			38,921			45,690
Specialty		26,364			14,958			14,104
Corporate/Other		1,435			595			1,232
Total	$	136,757		$	114,619		$	126,109
Depreciation and Amortization
Industrial	$	62,435		$	57,267		$	51,529
Consumer		41,882			38,037			33,374
Specialty		32,379			27,457			26,453
Corporate/Other		5,046			5,738			5,417
Total	$	141,742		$	128,499		$	116,773

Net Sales and Long Lived Assets by Regions

Year Ended May 31, 2019	Industrial Segment		Consumer Segment		Specialty Segment		Consolidated
(In thousands)
Net Sales (based on shipping location) (a)
United States	$	1,570,891	$	1,487,205	$	618,408	$	3,676,504
Foreign
Canada		229,386		117,305		43,508		390,199
Europe		717,659		218,021		93,344		1,029,024
Latin America		189,627		28,020		1,397		219,044
Asia Pacific		118,393		29,170		30,305		177,868
Other Foreign		63,866		8,046				71,912
Total Foreign		1,318,931		400,562		168,554		1,888,047
Total	$	2,889,822	$	1,887,767	$	786,962	$	5,564,551
Year Ended May 31, 2018	Industrial Segment		Consumer Segment		Specialty Segment		Consolidated
(In thousands)
Net Sales (based on shipping location) (a)
United States	$	1,480,189	$	1,351,065	$	600,780	$	3,432,034
Foreign
Canada		236,594		106,460		22,295		365,349
Europe		715,754		228,046		96,618		1,040,418
Latin America		197,859		27,834		1,514		227,207
Asia Pacific		112,712		32,493		31,342		176,547
Other Foreign		71,647		8,441				80,088
Total Foreign		1,334,566		403,274		151,769		1,889,609
Total	$	2,814,755	$	1,754,339	$	752,549	$	5,321,643
Year Ended May 31, 2017	Industrial Segment		Consumer Segment		Specialty Segment		Consolidated
(In thousands)
Net Sales (based on shipping location) (a)
United States	$	1,357,945	$	1,355,262	$	556,193	$	3,269,400
Foreign
Canada		216,218		86,773		18,705		321,696
Europe		625,399		174,304		109,096		908,799
Latin America		195,502		23,407		1,427		220,336
Asia Pacific		100,389		33,528		28,168		162,085
Other Foreign		68,749		7,110				75,859
Total Foreign		1,206,257		325,122		157,396		1,688,775
Total	$	2,564,202	$	1,680,384	$	713,589	$	4,958,175
Year Ended May 31,	2019		2018		2017
(In thousands)
Long-Lived Assets (b)
United States	$	1,859,628	$	1,807,046	$	1,738,180
Foreign
Canada		242,582		139,259		137,211
Europe		343,501		361,317		349,979
United Kingdom		217,414		230,071		199,415
Other Foreign		225,230		241,301		248,435
Total Foreign		1,028,727		971,948		935,040
Total	$	2,888,355	$	2,778,994	$	2,673,220

(a) It is not practicable to obtain the information needed to disclose revenues attributable to each of our product lines.

(b) Long-lived assets include all non-current assets, excluding non-current deferred income taxes.