XML 48 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition (Tables)
3 Months Ended
Aug. 31, 2020
Revenue Recognition  
Schedule of net contract assets and liabilities

​

​

​

​

​

​

​

​

​

​

​

​

    

August 31,

    

May 31,

    

​

​

​

​

2020

​

2020

​

Change 

Contract assets – current

​

$

45.2

​

$

49.3

​

$

(4.1)

Contract assets – non-current

​

​

21.5

​

​

22.4

​

​

(0.9)

Contract liabilities:

​

​

​

​

​

​

​

​

​

Deferred revenue – current

​

​

(15.2)

​

​

(11.2)

​

​

(4.0)

Deferred revenue on long-term contracts

​

 

(70.2)

​

 

(88.0)

​

 

17.8

Net contract liabilities

​

$

(18.7)

​

$

(27.5)

​

$

8.8

​

Schedule of changes in deferred revenue after adoption of ASC 606

​

​

​

​

​

​

​

​

​

​

Three Months Ended 

​

​

August 31,

​

    

2020

    

2019

Deferred revenue at beginning of period

 

$

(99.2)

​

$

(96.4)

Revenue deferred

 

 

(72.2)

​

 

(86.6)

Revenue recognized

 

 

88.5

​

 

101.0

Other

 

 

(2.5)

​

 

(4.3)

Deferred revenue at end of period

 

$

(85.4)

​

$

(86.3)

Schedule of sales across the major customer markets for each of our reportable segments

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

​

August 31,

​

    

2020

    

2019

Aviation Services

​

​

​

​

​

​

Commercial

​

$

169.6

​

$

330.5

Government and defense

​

 

194.0

​

 

181.3

​

​

$

363.6

​

$

511.8

Expeditionary Services

​

 

  

​

 

  

Commercial

​

$

5.7

​

$

5.7

Government and defense

​

 

31.5

​

 

24.0

​

​

$

37.2

​

$

29.7

​

Schedule of sales by geographic region

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

​

August 31, 

​

    

2020

    

2019

Aviation Services

​

​

​

​

​

​

North America

​

$

294.8

​

$

390.4

Europe/Africa

​

​

51.0

​

​

88.2

Other

​

​

17.8

​

​

33.2

​

​

$

363.6

​

$

511.8

Expeditionary Services

​

​

​

​

​

​

North America

​

$

34.9

​

$

28.2

Europe/Africa

​

 

2.2

​

 

1.4

Other

​

 

0.1

​

 

0.1

​

​

$

37.2

​

$

29.7