Business Segment Information (Tables)

12 Months Ended

May 31, 2020

Business Segment Information

Schedule of selected financial information for each reportable segment

	For the Year Ended May 31,
	2020		2019		2018
Net sales:
Aviation Services	$	1,964.2	$	1,920.6	$	1,635.8
Expeditionary Services		107.8		131.2		112.5
	$	2,072.0	$	2,051.8	$	1,748.3

	For the Year Ended May 31,
	2020		2019		2018
Gross profit:
Aviation Services	$	267.3	$	313.6	$	274.8
Expeditionary Services		1.9		16.2		19.3
	$	269.2	$	329.8	$	294.1

	May 31,
	2020		2019
Total assets:
Aviation Services	$	1,502.5	$	1,346.8
Expeditionary Services		103.6		94.7
Corporate and discontinued operations		472.9		75.7
	$	2,079.0	$	1,517.2

14. Business Segment Information (Continued)

	For the Year Ended May 31,
	2020		2019		2018
Capital expenditures:
Aviation Services	$	16.9	$	15.1	$	18.9
Expeditionary Services		5.4		1.4		1.8
Corporate		1.3		0.9		1.3
Total continuing operations		23.6		17.4		22.0
Discontinued operations		—		0.5		5.0
	$	23.6	$	17.9	$	27.0

	For the Year Ended May 31,
	2020		2019		2018
Depreciation and amortization:1
Aviation Services	$	39.2	$	37.5	$	34.6
Expeditionary Services		3.7		4.1		4.6
Corporate		8.1		14.7		16.6
Total continuing operations		51.0		56.3		55.8
Discontinued operations		—		—		7.3
	$	51.0	$	56.3	$	63.1

1 Includes amortization of stock-based compensation.

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

	For the Year Ended May 31,
	2020		2019		2018
Segment gross profit	$	269.2	$	329.8	$	294.1
Provision for doubtful accounts		(5.4)		(15.8)		(0.5)
Selling, general and administrative		(220.6)		(215.4)		(208.1)
Earnings (Loss) from joint ventures		(1.9)		(0.3)		0.5
Other expenses		(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

Schedule of sales to the U.S. Department of Defense, other U.S. government agencies and their contractors by segment

	For the Year Ended May 31,
	2020			2019			2018
Aviation Services	$	588.7		$	455.9		$	241.3
Expeditionary Services		79.5			90.3			63.0
	$	668.2		$	546.2		$	304.3
Percentage of total sales		32.2	%		26.6	%		17.4	%

Schedule of disaggregation of revenue from major customer markets

	For the Year Ended May 31,
	2020		2019		2018
Aviation Services:
Commercial	$	1,268.9	$	1,342.3	$	1,281.9
Government and defense		695.3		578.3		353.9
	$	1,964.2	$	1,920.6	$	1,635.8
Expeditionary Services:
Commercial	$	24.3	$	31.6	$	37.5
Government and defense		83.5		99.6		75.0
	$	107.8	$	131.2	$	112.5

Schedule of sales by type of product/service

	For the Year Ended May 31,
	2020		2019		2018
Aviation supply chain	$	1,434.3	$	1,395.2	$	1,082.9
Maintenance, repair and overhaul services		529.9		525.4		552.9
Mobility products		107.8		131.2		112.5
	$	2,072.0	$	2,051.8	$	1,748.3

Schedule of geographic data

	For the Year Ended May 31,
	2020		2019		2018
Aviation Services:
North America	$	1,505.6	$	1,426.8	$	1,131.4
Europe/Africa		330.8		323.4		325.9
Other		127.8		170.4		178.5
	$	1,964.2	$	1,920.6	$	1,635.8
Expeditionary Services:
North America	$	98.4	$	124.1	$	105.3
Europe/Africa		9.0		5.8		6.9
Other		0.4		1.3		0.3
	$	107.8	$	131.2	$	112.5

	May 31,
	2020		2019
Long-lived assets:
United States	$	423.9	$	345.4
Europe		102.1		108.7
Other		114.3		110.6
	$	640.3	$	564.7