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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Feb. 29, 2020
Mar. 02, 2019
Operating activities:    
Net income (loss), including noncontrolling interests $ (42,136) $ 74,614
Depreciation and amortization 42,911 40,857
Impairment loss on property, plant & equipment 2,919 0
Other adjustments, net (40,148) (20,863)
Net cash provided by (used in) operations (36,454) 94,608
Investing activities:    
Purchases of investment securities (12,100) (122,191)
Sales and maturities of investment securities 181,533 160,190
Investment in unconsolidated entities 0 (4,272)
Distributions from unconsolidated entities 6,114 6,545
Acquisition of business (44,515) (17,889)
Purchases of property, plant and equipment (94,600) (36,841)
Net proceeds from disposal of property, plant and equipment 1,839 1,212
Net cash provided by (used in) investing activities 38,271 (13,246)
Financing activities:    
Purchase of common stock by treasury (910) (985)
Distributions to noncontrolling interests (755) 0
Principal payments on long-term debt (1,500) (2,969)
Principal payments on finance lease (146) 0
Payment of dividends 0 (28,469)
Net cash used in financing activities (3,311) (32,423)
Net change in cash and cash equivalents (1,494) 48,939
Cash and cash equivalents at beginning of period 69,247 48,431
Cash and cash equivalents at end of period 67,753 97,370
Supplemental Information:    
Cash paid for operating leases 635  
Interest paid $ 77 $ 115