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Business Segment Information (Tables)
9 Months Ended
Feb. 28, 2019
Business Segment Information  
Schedule of selected financial information for each reportable segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

February 28, 

 

February 28, 

 

    

2019

    

2018

    

2019

    

2018

Sales:

 

 

 

 

 

 

 

 

 

 

 

 

Aviation Services

 

$

497.3

 

$

429.0

 

$

1,398.6

 

$

1,192.0

Expeditionary Services

 

 

32.2

 

 

27.3

 

 

90.5

 

 

82.8

 

 

$

529.5

 

$

456.3

 

$

1,489.1

 

$

1,274.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

February 28, 

 

February 28, 

 

    

2019

    

2018

 

2019

    

2018

Gross profit:

 

 

 

 

 

 

 

 

 

 

 

 

Aviation Services

 

$

81.7

 

$

72.1

 

$

223.7

 

$

195.9

Expeditionary Services

 

 

3.6

 

 

5.5

 

 

11.1

 

 

14.0

 

 

$

85.3

 

$

77.6

 

$

234.8

 

$

209.9

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

February 28, 

 

February 28, 

 

    

2019

    

2018

    

2019

    

2018

Segment gross profit

 

$

85.3

 

$

77.6

 

$

234.8

 

$

209.9

Selling, general and administrative

 

 

(54.8)

 

 

(53.3)

 

 

(152.1)

 

 

(146.3)

Provision for doubtful accounts

 

 

(0.7)

 

 

(0.1)

 

 

(13.7)

 

 

(0.4)

Other expense, net

 

 

(0.6)

 

 

(0.5)

 

 

(0.4)

 

 

(0.5)

Interest expense

 

 

(2.6)

 

 

(2.2)

 

 

(7.2)

 

 

(5.8)

Interest income

 

 

0.2

 

 

 —

 

 

0.8

 

 

0.1

Income from continuing operations before provision for income taxes

 

$

26.8

 

$

21.5

 

$

62.2

 

$

57.0