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Business Segment Information (Tables)
9 Months Ended
Feb. 29, 2024
Business Segment Information  
Schedule of selected financial information for each segment

    

Three Months Ended February 29, 2024

Third-Party

    

Inter-segment

    

Total

Sales

Sales

Sales

Parts Supply

    

$

242.3

    

$

2.3

    

$

244.6

Repair & Engineering

 

140.8

 

23.6

 

164.4

Integrated Solutions

 

165.5

 

0.2

 

165.7

Expeditionary Services

 

18.7

 

 

18.7

$

567.3

$

26.1

$

593.4

    

Three Months Ended February 28, 2023

Third-Party

    

Inter-segment

    

Total

Sales

Sales

Sales

Parts Supply

    

$

227.6

    

$

14.0

    

$

241.6

Repair & Engineering

 

128.0

 

19.8

 

147.8

Integrated Solutions

 

143.5

 

0.1

 

143.6

Expeditionary Services

 

22.0

 

 

22.0

$

521.1

$

33.9

$

555.0

    

Nine Months Ended February 29, 2024

Third-Party

    

Inter-segment

    

Total

Sales

Sales

Sales

Parts Supply

$

706.7

$

4.9

$

711.6

Repair & Engineering

    

 

423.7

    

 

65.2

    

 

488.9

Integrated Solutions

 

478.4

 

0.6

 

479.0

Expeditionary Services

 

53.6

 

 

53.6

$

1,662.4

$

70.7

$

1,733.1

    

Nine Months Ended February 28, 2023

Third-Party

    

Inter-segment

    

Total

Sales

Sales

Sales

Parts Supply

    

$

579.8

    

$

17.8

    

$

597.6

Repair & Engineering

 

390.4

 

58.4

 

448.8

Integrated Solutions

 

398.6

 

0.1

 

398.7

Expeditionary Services

 

68.4

 

 

68.4

$

1,437.2

$

76.3

$

1,513.5

Schedule of reconciles segment operating income to income from continuing operations before provision for income taxes

Three Months Ended

Nine Months Ended

    

February 29/28,

    

February 29/28,

    

2024

    

2023

    

2024

    

2023

Segment operating income:

Parts Supply

$

31.1

$

25.1

$

74.6

$

64.7

Repair & Engineering

11.5

9.8

31.9

25.8

Integrated Solutions

8.6

7.0

22.7

22.4

Expeditionary Services

0.9

1.9

3.1

6.2

52.1

43.8

132.3

119.1

Corporate and other

(19.1)

(9.8)

(35.7)

(21.5)

Operating income

33.0

34.0

96.6

97.6

Pension settlement charge

(26.7)

Losses related to sale and exit of business

(1.0)

(0.4)

(2.6)

(0.5)

Other income (expense), net

(0.2)

(0.3)

(0.3)

0.4

Interest expense

(11.9)

(3.8)

(23.9)

(7.0)

Interest income

0.6

0.3

1.6

0.5

Income from continuing operations before income taxes

$

20.5

$

29.8

$

44.7

$

91.0