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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
May 31, 2012
May 31, 2011
May 31, 2010
Cash flows provided from operating activities:      
Net income attributable to AAR and noncontrolling interest $ 68,029 $ 69,826 $ 43,202
Adjustments to reconcile net income attributable to AAR and noncontrolling interest to net cash provided from operating activities:      
Depreciation and amortization 80,333 59,296 38,930
Amortization of stock-based compensation 12,546 12,308 9,335
Amortization of debt discount 13,171 12,309 11,589
Deferred tax provision 32,755 38,861 (3,863)
Tax benefits from exercise of stock options (765) (247) (817)
Restructuring and impairment charges 3,700 5,355  
Loss (gain) on extinguishment of debt 664 (97) (893)
Loss on sale of investment     1,150
Gain on sale of product line   (5,922)  
Earnings from joint ventures (1,542) (3,344) (112)
Changes in certain assets and liabilities, net of acquisitions:      
Accounts and notes receivable 36,286 (45,026) 33,926
Inventories (47,610) (13,017) 19,015
Rotable spares and equipment on or available for short-term lease 5,553 (21,598) 19,157
Equipment on long-term lease 16,543 3,310 3,944
Accounts and trade notes payable 18,327 48,701 (1,474)
Accrued and other liabilities (20,877) 8,230 (376)
Other, primarily deposits and program costs (122,896) (60,347) (19,557)
Net cash provided from operating activities 94,217 108,598 153,156
Cash flows provided from (used in) investing activities:      
Property, plant and equipment expenditures (91,218) (124,879) (28,855)
Proceeds from disposal of assets 4,110 24 109
Proceeds from sale of product line   10,000  
Proceeds from disposal of business     650
Proceeds from sale of available for sale securities     1,160
Companies acquired, net of cash (298,087)   (193,989)
Proceeds from aircraft joint ventures 1,585 8,306 44
Investment in aircraft joint ventures (5,801) (9,893) (4,239)
Proceeds from leveraged leases     5,220
Other (814) (2,293) (2,440)
Net cash used in investing activities (390,225) (118,735) (222,340)
Cash flows provided from (used in) financing activities:      
Proceeds from borrowings 410,264 54,991 60,004
Reduction in borrowings, net (83,529) (61,532) (25,221)
Reduction in capital lease obligations (6,784) (1,796) (1,815)
Reduction in equity due to convertible bond repurchase (1,150) (236) (374)
Cash dividends (12,081) (2,983)  
Purchase of treasury stock (3,659) (2,539)  
Stock option exercises 3,017 2,021 2,297
Tax benefits from exercise of stock options 765 247 817
Contributions from noncontrolling interest     462
Net cash provided from (used in) financing activities 306,843 (11,827) 36,170
Effect of exchange rate changes on cash (548) 27 (121)
Increase (decrease) in cash 10,287 (21,937) (33,135)
Cash and cash equivalents, beginning of year 57,433 79,370 112,505
Cash and cash equivalents, end of year $ 67,720 $ 57,433 $ 79,370