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Business Segment Information (Tables)
6 Months Ended
Nov. 30, 2018
Business Segment Information  
Schedule of selected financial information for each reportable segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

November 30,

 

November 30,

 

    

2018

    

2017

    

2018

    

2017

Sales:

 

 

 

 

 

 

 

 

 

 

 

 

Aviation Services

 

$

462.9

 

$

391.7

 

$

901.3

 

$

763.0

Expeditionary Services

 

 

30.4

 

 

28.9

 

 

58.3

 

 

55.5

 

 

$

493.3

 

$

420.6

 

$

959.6

 

$

818.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

November 30, 

 

November 30, 

 

    

2018

    

2017

    

2018

    

2017

Gross profit:

 

 

 

 

 

 

 

 

 

 

 

 

Aviation Services

 

$

74.9

 

$

66.0

 

$

142.0

 

$

123.8

Expeditionary Services

 

 

3.4

 

 

4.7

 

 

7.5

 

 

8.5

 

 

$

78.3

 

$

70.7

 

$

149.5

 

$

132.3

 

Schedule of reconciliation of segment gross profit to income from continuing operations before provision for income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

November 30, 

 

November 30, 

 

    

2018

    

2017

    

2018

    

2017

Segment gross profit

 

$

78.3

 

$

70.7

 

$

149.5

 

$

132.3

Selling, general and administrative

 

 

(49.1)

 

 

(48.8)

 

 

(97.3)

 

 

(93.1)

Provision for doubtful accounts

 

 

(12.4)

 

 

(0.1)

 

 

(13.0)

 

 

(0.3)

Other income (expense), net

 

 

(0.2)

 

 

 —

 

 

0.2

 

 

 —

Interest expense

 

 

(2.5)

 

 

(1.9)

 

 

(4.6)

 

 

(3.6)

Interest income

 

 

0.1

 

 

0.1

 

 

0.6

 

 

0.1

Income from continuing operations before provision for income taxes

 

$

14.2

 

$

20.0

 

$

35.4

 

$

35.4