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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Feb. 28, 2023
Feb. 28, 2022
Sales:        
Sales $ 521.1 $ 452.2 $ 1,437.2 $ 1,343.9
Cost and operating expenses:        
Provision for credit losses 1.9 0.1 1.8 0.9
Selling, general and administrative 56.7 48.9 159.6 145.3
Total cost and operating expenses 485.4 420.8 1,336.6 1,266.7
Loss from joint ventures (1.7) (1.1) (3.0) (1.7)
Operating income 34.0 30.3 97.6 75.5
Losses related to sale and exit of business (0.4)   (0.5) (1.3)
Other income (expense), net (0.3) 1.1 0.4 2.1
Interest expense (3.8) (0.6) (7.0) (1.8)
Interest income 0.3   0.5 0.1
Income from continuing operations before provision for income taxes 29.8 30.8 91.0 74.6
Provision for income taxes 8.0 8.2 24.4 20.0
Income from continuing operations 21.8 22.6 66.6 54.6
Income from discontinued operations, net of tax   (0.1) 0.4 0.2
Net income $ 21.8 $ 22.5 $ 67.0 $ 54.8
Earnings per share - basic:        
Earnings from continuing operations $ 0.63 $ 0.64 $ 1.90 $ 1.54
Earnings from discontinued operations     0.01 0.01
Earnings per share - basic 0.63 0.64 1.91 1.55
Earnings per share - diluted:        
Earnings from continuing operations 0.62 0.63 1.87 1.52
Earnings from discontinued operations     0.01 0.01
Earnings per share - diluted $ 0.62 $ 0.63 $ 1.88 $ 1.53
Product        
Sales:        
Sales $ 327.6 $ 275.1 $ 891.4 $ 789.2
Cost and operating expenses:        
Cost 260.5 217.8 709.3 637.5
Services        
Sales:        
Sales 193.5 177.1 545.8 554.7
Cost and operating expenses:        
Cost $ 166.3 $ 154.0 $ 465.9 $ 483.0