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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
May 31, 2021
May 31, 2020
May 31, 2019
Sales:      
Sales $ 1,652.3 $ 2,072.0 $ 2,051.8
Cost and operating expenses:      
Provision for doubtful accounts 8.5 5.4 15.8
Selling, general and administrative 182.4 220.6 215.4
Total cost and operating expenses 1,567.3 2,028.8 1,953.2
Earnings (Loss) from joint ventures 0.2 (1.9) (0.3)
Operating income 85.2 41.3 98.3
Loss on sale of business (20.2)    
Other income (expense), net 4.3 (2.1) (0.8)
Interest expense (5.0) (9.3) (9.5)
Interest income 0.2 0.5 1.0
Income from continuing operations before provision for income taxes 64.5 30.4 89.0
Provision for income taxes 18.2 5.6 4.9
Income from continuing operations 46.3 24.8 84.1
Loss from discontinued operations, net of tax (10.5) (20.4) (76.6)
Net income $ 35.8 $ 4.4 $ 7.5
Earnings per share - basic:      
Earnings from continuing operations $ 1.31 $ 0.71 $ 2.42
Loss from discontinued operations (0.30) (0.59) (2.22)
Earnings per share - basic 1.01 0.12 0.20
Earnings per share - diluted:      
Earnings from continuing operations 1.30 0.71 2.40
Loss from discontinued operations (0.30) (0.58) (2.19)
Earnings per share - diluted $ 1.00 $ 0.13 $ 0.21
Products      
Sales:      
Sales $ 934.9 $ 1,090.0 $ 1,124.3
Cost and operating expenses:      
Cost 773.8 900.0 915.0
Services      
Sales:      
Sales 717.4 982.0 927.5
Cost and operating expenses:      
Cost $ 602.6 $ 902.8 $ 807.0