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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Cash flows provided from (used in) operating activities:    
Net income $ 21.8 $ 20.9
Less: Loss from discontinued operations 9.8 18.9
Income from continuing operations 31.6 39.8
Adjustments to reconcile income from continuing operations to net cash provided from (used in) operating activities:    
Depreciation and intangible amortization 27.1 32.8
Stock-based compensation 6.8 10.3
Provision for doubtful accounts 5.8 3.3
Deferred tax provision (2.7) 1.5
Loss from joint ventures 0.2  
Loss on sale of business 19.5  
Contract termination and restructuring costs 2.2 24.7
Impairment charges 7.0  
Changes in certain assets and liabilities:    
Accounts receivable (22.5) (34.6)
Contract assets (16.8) (5.4)
Inventories 51.2 (98.0)
Rotable assets supporting long-term programs 4.2 (23.7)
Accounts payable (7.1) 107.1
Accrued and other liabilities 12.4 (9.6)
Deferred revenue on long-term programs (72.6) 1.1
Other 38.7 (49.8)
Net cash provided from (used in) operating activities - continuing operations 85.0 (0.5)
Net cash used in operating activities - discontinued operations (2.4) (8.4)
Net cash provided from (used in) operating activities 82.6 (8.9)
Cash flows provided from (used in) investing activities:    
Property, plant and equipment expenditures (8.6) (18.3)
Proceeds from termination of life insurance policies 10.0  
Other 0.9 (1.7)
Net cash provided from (used in) investing activities - continuing operations 2.3 (20.0)
Cash flows provided from (used in) financing activities:    
Short-term borrowings, net (405.0) 65.0
Cash dividends (0.1) (8.1)
Purchase of treasury stock   (4.1)
Financing costs   (1.3)
Stock compensation activity (0.8) 1.1
Net cash provided from (used in) financing activities-continuing operations (397.2) 52.6
Effect of exchange rate changes on cash 0.2 0.1
Increase (Decrease) in cash and cash equivalents (312.1) 23.8
Cash, cash equivalents, and restricted cash at beginning of period 424.7 41.1
Cash, cash equivalents, and restricted cash at end of period 112.6 $ 64.9
Payroll Support Program Promissory Note    
Cash flows provided from (used in) financing activities:    
Proceeds from Payroll Support Program note $ 8.7