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Business Segment Information (Tables)
9 Months Ended
Feb. 28, 2013
Business Segment Information  
Selected financial information for each reportable segment

 

Three Months Ended

 

Nine Months Ended

 

 

 

February 28/29,

 

February 28/29,

 

 

 

2013

 

2012

 

2013

 

2012

 

Sales:

 

 

 

 

 

 

 

 

 

Aviation Services

 

$

408.2

 

$

373.3

 

$

1,197.2

 

$

1,146.3

 

Technology Products

 

112.0

 

160.9

 

386.3

 

355.4

 

 

 

$

520.2

 

$

534.2

 

$

1,583.5

 

$

1,501.7

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

February 28/29,

 

February 28/29,

 

 

 

2013

 

2012

 

2013

 

2012

 

Gross profit:

 

 

 

 

 

 

 

 

 

Aviation Services

 

$

59.0

 

$

58.4

 

$

187.8

 

$

185.2

 

Technology Products

 

17.2

 

28.5

 

66.1

 

56.0

 

 

 

$

76.2

 

$

86.9

 

$

253.9

 

$

241.2

 

 

Schedule of reconciliation of segment gross profit to consolidated income before provision for income taxes

 

Three Months Ended

 

Nine Months Ended

 

 

 

February 28/29,

 

February 28/29,

 

 

 

2013

 

2012

 

2013

 

2012

 

Segment gross profit

 

$

76.2

 

$

86.9

 

$

253.9

 

$

241.2

 

Selling, general and administrative

 

(41.8

)

(51.2

)

(145.9

)

(138.9

)

Earnings from joint ventures

 

3.2

 

0.1

 

5.8

 

0.6

 

Loss on extinguishment of debt

 

 

 

(0.3

)

 

Interest expense

 

(10.2

)

(10.7

)

(31.6

)

(26.0

)

Interest income

 

0.4

 

0.5

 

1.1

 

0.9

 

Income before provision for income taxes

 

$

27.8

 

$

25.6

 

$

83.0

 

$

77.8