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Business Segment Information (Tables)
6 Months Ended
Nov. 30, 2016
Business Segment Information  
Selected financial information for each reportable segment

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

November 30,

 

November 30,

 

 

 

2016

 

2015

 

2016

 

2015

 

Sales:

 

 

 

 

 

 

 

 

 

Aviation Services

 

$

346.7 

 

$

359.6 

 

$

681.3 

 

$

675.4 

 

Expeditionary Services

 

77.1 

 

71.9 

 

147.3 

 

142.8 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

423.8 

 

$

431.5 

 

$

828.6 

 

$

818.2 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

November 30,

 

November 30,

 

 

 

2016

 

2015

 

2016

 

2015

 

Gross profit:

 

 

 

 

 

 

 

 

 

Aviation Services

 

$

56.0 

 

$

58.2 

 

$

109.4 

 

$

108.1 

 

Expeditionary Services

 

10.2 

 

0.9 

 

18.3 

 

4.9 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

66.2 

 

$

59.1 

 

$

127.7 

 

$

113.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

November 30,

 

November 30,

 

 

 

2016

 

2015

 

2016

 

2015

 

Segment gross profit

 

$

66.2

 

$

59.1

 

$

127.7

 

$

113.0

 

Selling, general and administrative

 

(46.3

)

(43.1

)

(91.1

)

(83.1

)

Loss from joint ventures

 

 

(0.1

)

 

(0.4

)

Loss on extinguishment of debt

 

 

(0.1

)

 

(0.4

)

Interest expense

 

(1.2

)

(1.5

)

(2.5

)

(3.5

)

Interest income

 

0.1

 

 

0.1

 

0.1

 

 

 

 

 

 

 

 

 

 

 

Income before provision for income taxes

 

$

18.8

 

$

14.3

 

$

34.2

 

$

25.7