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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
May 31, 2020
May 31, 2019
May 31, 2018
Sales:      
Sales $ 2,072.0 $ 2,051.8 $ 1,748.3
Cost and operating expenses:      
Provision for doubtful accounts 5.4 15.8 0.5
Selling, general and administrative 220.6 215.4 208.1
Total cost and operating expenses 2,028.8 1,953.2 1,662.8
Earnings (Loss) from joint ventures (1.9) (0.3) 0.5
Operating income 41.3 98.3 86.0
Other expense, net 2.1 0.8 0.9
Interest expense (9.3) (9.5) (8.0)
Interest income 0.5 1.0 0.1
Income from continuing operations before provision for income taxes 30.4 89.0 77.2
Provision for income taxes 5.6 4.9 3.5
Income from continuing operations 24.8 84.1 73.7
Loss from discontinued operations, net of tax (20.4) (76.6) (58.1)
Net income $ 4.4 $ 7.5 $ 15.6
Earnings per share - basic:      
Earnings from continuing operations $ 0.71 $ 2.42 $ 2.14
Loss from discontinued operations (0.59) (2.22) (1.70)
Earnings per share - basic 0.12 0.20 0.44
Earnings per share - diluted:      
Earnings from continuing operations 0.71 2.40 2.11
Loss from discontinued operations (0.58) (2.19) (1.70)
Earnings per share - diluted $ 0.13 $ 0.21 $ 0.41
Products      
Sales:      
Sales $ 1,090.0 $ 1,124.3 $ 1,040.7
Cost and operating expenses:      
Cost 900.0 915.0 840.5
Services      
Sales:      
Sales 982.0 927.5 707.6
Cost and operating expenses:      
Cost $ 902.8 $ 807.0 $ 613.7