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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Feb. 29, 2012
Feb. 28, 2011
Cash flows from operating activities:    
Net income attributable to AAR and noncontrolling interest $ 55,016 $ 48,406
Adjustments to reconcile net income attributable to AAR and noncontrolling interest to net cash provided from (used in) operating activities:    
Depreciation and amortization 56,499 43,163
Amortization of stock-based compensation 9,914 9,467
Amortization of debt discount 9,865 9,150
Deferred tax provision 15,514 12,340
Tax benefits from exercise of stock options (765) (146)
Gain on extinguishment of debt   (97)
Earnings from joint ventures (593) (2,613)
Changes in certain assets and liabilities:    
Accounts receivable 10,103 (56,142)
Inventories (56,955) (14,981)
Rotable spares and equipment on or available for short-term lease 9,751 (11,605)
Equipment on long-term lease 17,547 2,063
Accounts and trade notes payable 9,408 43,052
Accrued and other liabilities (15,290) (8,205)
Other, primarily program and overhaul costs (101,783) (13,950)
Net cash provided from operating activities 18,231 59,902
Cash flows from investing activities:    
Property, plant and equipment expenditures (62,702) (82,354)
Proceeds from disposal of assets 4,109 21
Companies acquired, net of cash (298,087)  
Proceeds from aircraft joint ventures 1,585 5,042
Investment in aircraft joint ventures (5,259) (4,795)
Other (759) (1,441)
Net cash used in investing activities (361,113) (83,527)
Cash flows from financing activities:    
Change in short-term borrowings 200,000 14,991
Proceeds from borrowings 178,982  
Reduction in borrowings (19,300) (13,466)
Reduction in capital lease obligations (6,763) (1,334)
Reduction in equity due to convertible bond repurchases   (236)
Cash dividends (9,068)  
Purchase of treasury stock (3,659) (2,539)
Stock option exercises 2,935 1,385
Tax benefits from exercise of stock options 765 146
Net cash provided from (used in) financing activities 343,892 (1,053)
Effect of exchange rate changes on cash 851 24
Increase (decrease) in cash and cash equivalents 1,861 (24,654)
Cash and cash equivalents, beginning of period 57,433 79,370
Cash and cash equivalents, end of period $ 59,294 $ 54,716