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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Common Stock
Capital Surplus
Retained Earnings
Cumulative effect adjustment
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Total AAR Stockholders' Equity
Cumulative effect adjustment
Total AAR Stockholders' Equity
Total
Balance (ASC 606) at May. 31, 2019     $ 2.5       $ 2.5    
Balance at May. 31, 2019 $ 45.3 $ 479.4   $ 709.8 $ (287.7) $ (40.9)   $ 905.9  
Increase (Decrease) in Stockholders' Equity                  
Net income       4.4       4.4 $ 4.4
Cash dividends       (10.7)       (10.7)  
Stock option activity   3.1     8.3     11.4  
Restricted stock activity   (3.9)     0.8     (3.1)  
Repurchase of shares         (4.1)     (4.1)  
Other comprehensive income (loss), net of tax           (3.7)   (3.7) (3.7)
Balance at May. 31, 2020 45.3 478.6   706.0 (282.7) (44.6)   902.6  
Increase (Decrease) in Stockholders' Equity                  
Net income       35.8       35.8 35.8
Cash dividends       (0.1)       (0.1)  
Stock option activity   3.6     3.0     6.6  
Restricted stock activity   (2.4)     5.6     3.2  
Other comprehensive income (loss), net of tax           26.3   26.3 26.3
Balance at May. 31, 2021 45.3 479.8   741.7 (274.1) (18.3)   974.4 974.4
Increase (Decrease) in Stockholders' Equity                  
Net income       78.7       78.7 78.7
Stock option activity   2.0     19.3     21.3  
Restricted stock activity   (4.3)     8.1     3.8  
Repurchase of shares         (42.4)     (42.4)  
Other comprehensive income (loss), net of tax           (1.3)   (1.3) (1.3)
Balance at May. 31, 2022 $ 45.3 $ 477.5   $ 820.4 $ (289.1) $ (19.6)   $ 1,034.5 $ 1,034.5