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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Cash flows provided from operating activities:    
Net income $ 22.7 $ 11.5
Less: Income from discontinued operations (0.4) (0.3)
Income from continuing operations 22.3 11.2
Adjustments to reconcile income from continuing operations to net cash provided from operating activities:    
Depreciation and intangible amortization 6.8 8.9
Stock-based compensation 4.1 3.1
Loss from joint ventures 0.6 0.2
Impairment charges   2.3
Changes in certain assets and liabilities:    
Accounts receivable (7.7) (14.5)
Contract assets (14.2) (2.8)
Inventories (26.0) 14.4
Prepaid expenses and other current assets 6.6 (4.9)
Rotable assets supporting long-term programs (3.1) 0.9
Accounts payable 38.4 17.3
Accrued and other liabilities (27.2) (14.4)
Deferred revenue on long-term programs 6.5 (2.0)
Other (0.1) (2.2)
Net cash provided from operating activities - continuing operations 7.0 17.5
Net cash used in operating activities-discontinued operations (0.2) (14.6)
Net cash provided from operating activities 6.8 2.9
Cash flows used in investing activities:    
Property, plant, and equipment expenditures (6.7) (2.2)
Other (4.0) (2.7)
Net cash used in investing activities - continuing operations (10.7) (4.9)
Cash flows used in financing activities:    
Short-term borrowings (repayments) on Revolving Credit Facility, net 15.0 (5.0)
Purchase of treasury stock (21.9) 0.0
Stock compensation activity 0.4 (0.5)
Net cash used in financing activities - continuing operations (6.5) (5.5)
Effect of exchange rate changes on cash (0.1) (0.1)
Decrease in cash and cash equivalents (10.5) (7.6)
Cash, cash equivalents, and restricted cash at beginning of period 58.9 60.2
Cash, cash equivalents, and restricted cash at end of period $ 48.4 $ 52.6