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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2022
Nov. 30, 2021
Sales:        
Sales $ 469.8 $ 436.6 $ 916.1 $ 891.7
Cost and operating expenses:        
Provision for (Recovery of) credit losses (0.1) 0.8 (0.1) 0.8
Selling, general and administrative 52.8 47.1 102.9 96.4
Total cost and operating expenses 436.7 406.1 851.2 845.9
Loss from joint ventures (0.7) (0.4) (1.3) (0.6)
Operating income 32.4 30.1 63.6 45.2
Losses related to sale and exit of business (0.1) (1.3) (0.1) (1.3)
Other income, net 0.5 0.3 0.7 1.0
Interest expense (2.1) (0.5) (3.2) (1.2)
Interest income 0.1 0.1 0.2 0.1
Income from continuing operations before provision for income taxes 30.8 28.7 61.2 43.8
Provision for income taxes 8.3 7.9 16.4 11.8
Income from continuing operations 22.5 20.8 44.8 32.0
Income from discontinued operations, net of tax     0.4 0.3
Net income $ 22.5 $ 20.8 $ 45.2 $ 32.3
Earnings per share - basic:        
Earnings from continuing operations $ 0.65 $ 0.59 $ 1.28 $ 0.90
Income from discontinued operations     0.01 0.01
Earnings per share - basic 0.65 0.59 1.29 0.91
Earnings per share - diluted:        
Earnings from continuing operations 0.64 0.58 1.26 0.89
Income from discontinued operations     0.01 0.01
Earnings per share - diluted $ 0.64 $ 0.58 $ 1.27 $ 0.90
Products        
Sales:        
Sales $ 298.6 $ 252.0 $ 563.8 $ 514.1
Cost and operating expenses:        
Cost 234.8 202.1 448.8 419.7
Services        
Sales:        
Sales 171.2 184.6 352.3 377.6
Cost and operating expenses:        
Cost $ 149.2 $ 156.1 $ 299.6 $ 329.0