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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 28, 2022
Feb. 28, 2021
Sales:        
Total Sales $ 452.2 $ 410.3 $ 1,343.9 $ 1,214.7
Cost and operating expenses:        
Provision for doubtful accounts 0.1 1.4 0.9 5.8
Selling, general and administrative 48.9 44.9 145.3 133.6
Total cost and operating expenses 420.8 370.6 1,266.7 1,150.0
Loss from joint ventures (1.1)   (1.7) (0.2)
Operating income 30.3 39.7 75.5 64.5
Loss on sale of business     (1.3) (19.5)
Other income, net 1.1 4.4 2.1 3.9
Interest expense (0.6) (1.1) (1.8) (4.1)
Interest income   0.1 0.1 0.2
Income from continuing operations before provision for income taxes 30.8 43.1 74.6 45.0
Provision for income taxes 8.2 12.0 20.0 13.4
Income from continuing operations 22.6 31.1 54.6 31.6
Income (Loss) from discontinued operations, net of tax (0.1) (3.0) 0.2 (9.8)
Net income $ 22.5 $ 28.1 $ 54.8 $ 21.8
Earnings per share - basic:        
Earnings from continuing operations $ 0.64 $ 0.88 $ 1.54 $ 0.90
Income (Loss) from discontinued operations 0 (0.09) 0.01 (0.28)
Earnings per share - basic 0.64 0.79 1.55 0.62
Earnings per share - diluted:        
Earnings from continuing operations 0.63 0.87 1.52 0.89
Income (Loss) from discontinued operations 0 (0.08) 0.01 (0.28)
Earnings per share - diluted $ 0.63 $ 0.79 $ 1.53 $ 0.61
Products        
Sales:        
Sales $ 275.1 $ 227.1 $ 789.2 $ 696.5
Cost and operating expenses:        
Cost 217.8 179.8 637.5 578.6
Services        
Sales:        
Sales 177.1 183.2 554.7 518.2
Cost and operating expenses:        
Cost $ 154.0 $ 144.5 $ 483.0 $ 432.0