Selected Quarterly Data (Unaudited)

12 Months Ended

May 31, 2014

Selected Quarterly Data (Unaudited)

Selected Quarterly Data (Unaudited)

14. Selected Quarterly Data (Unaudited)

        The unaudited selected quarterly data for fiscal years ended May 31, 2014 and 2013 follows.

Fiscal 2014

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Full Year
Sales	$	514.5	$	540.7	$	474.4	$	505.4	$	2,035.0
Gross profit		84.7		91.0		78.7		85.8		340.2
Net income attributable to AAR		17.9		20.0		17.9		17.1		72.9
Diluted earnings per share		0.45		0.50		0.45		0.43		1.83
Dividends declared		0.075		0.075		0.075		0.075		0.30
Market price
High		25.84		31.30		30.56		31.05		31.30
Low		20.06		25.51		25.91		24.22		20.06

Fiscal 2013

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Full Year
Sales	$	550.5	$	512.8	$	520.2	$	553.8	$	2,137.3
Gross profit		90.3		87.4		76.2		60.3		314.2
Net income attributable to AAR		18.2		17.8		18.4		0.6		55.0
Diluted earnings per share		0.45		0.44		0.46		0.01		1.38	1
Dividends declared		0.075		0.075		0.075		0.075		0.30
Market price
High		14.88		17.17		20.11		20.47		20.47
Low		10.34		13.55		15.13		16.47		10.34

¹

The earnings-per-share computation for the year is a separate, annual calculation. Accordingly, the sum of the quarterly earnings-per-share amounts do not necessarily equal the earnings per share for the year.