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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
Sales:        
Sales $ 567.3 $ 521.1 $ 1,662.4 $ 1,437.2
Cost and operating expenses:        
Cost 457.0 426.8 1,347.4 1,175.2
Gross profit 110.3 94.3 315.0 262.0
Provision for credit losses 0.1 1.9 0.5 1.8
Selling, general and administrative 77.0 56.7 217.4 159.6
Loss from joint ventures (0.2) (1.7) (0.5) (3.0)
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
Income tax expense 6.5 8.0 7.5 24.4
Income from continuing operations 14.0 21.8 37.2 66.6
Income from discontinued operations, net of tax       0.4
Net income $ 14.0 $ 21.8 $ 37.2 $ 67.0
Earnings per share - basic:        
Earnings from continuing operations $ 0.40 $ 0.63 $ 1.05 $ 1.90
Earnings from discontinued operations       0.01
Earnings per share - basic 0.40 0.63 1.05 1.91
Earnings per share - diluted:        
Earnings from continuing operations 0.39 0.62 1.04 1.87
Earnings from discontinued operations       0.01
Earnings per share - diluted $ 0.39 $ 0.62 $ 1.04 $ 1.88
Products        
Sales:        
Sales $ 329.9 $ 327.6 $ 987.6 $ 891.4
Cost and operating expenses:        
Cost 257.5 260.5 788.8 709.3
Services        
Sales:        
Sales 237.4 193.5 674.8 545.8
Cost and operating expenses:        
Cost $ 199.5 $ 166.3 $ 558.6 $ 465.9