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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2019
Sep. 01, 2018
Operating activities:    
Net income (loss), including noncontrolling interests $ (45,721) $ 12,743
Depreciation and amortization 13,620 13,547
Impairment loss on property, plant & equipment 2,919 0
Other adjustments, net (31,496) (5,108)
Net cash provided by (used in) operations (60,678) 21,182
Investing activities:    
Purchases of investment securities (9,108) (42,793)
Sales and maturities of investment securities 69,919 52,980
Investment in unconsolidated entities 0 (4,272)
Purchases of property, plant and equipment (23,670) (9,199)
Distributions from unconsolidated entities 858 1,000
Net proceeds from disposal of property, plant and equipment 1,383 93
Net cash provided by (used in) investing activities 39,382 (2,191)
Financing activities:    
Purchase of common stock by treasury (11) 0
Distributions to noncontrolling interests 756 0
Principal payments on long-term debt (750) (1,259)
Principal payments on finance lease (48) (64)
Payment of dividends 0 (17,075)
Net cash used in financing activities (1,565) (18,398)
Net change in cash and cash equivalents (22,861) 593
Cash and cash equivalents at beginning of period 69,247 48,431
Cash and cash equivalents at end of period 46,386 $ 49,024
Supplemental Information:    
Cash paid for operating leases $ 197