XML 15 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Feb. 28, 2026
Feb. 28, 2025
Feb. 28, 2026
Feb. 28, 2025
Sales:        
Sales $ 845.1 $ 678.2 $ 2,380.0 $ 2,026.0
Cost of sales:        
Cost of sales 690.4 546.5 1,934.7 1,648.5
Gross profit 154.7 131.7 445.3 377.5
Provision for (Recovery of) credit losses 0.5 (0.2) 2.2 (0.3)
Selling, general and administrative 89.8 61.3 249.7 270.3
Earnings (Loss) from joint ventures 1.4 0.5 4.3 4.7
Operating income 65.8 71.1 197.7 112.2
Bargain purchase gain 35.7   35.7  
Gain on sale of headquarters building 9.8   9.8  
Gain (Loss) related to sale and exit of businesses (0.4) (64.0) 0.2 (65.3)
Other expense, net (0.7) (0.1) (1.0) (0.4)
Interest expense (17.5) (18.5) (55.4) (56.6)
Interest income 0.4 0.4 1.2 1.4
Income (Loss) before income taxes 93.1 (11.1) 188.2 (8.7)
Income tax expense (benefit) 25.1 (2.2) 51.2 12.8
Net income (loss) $ 68.0 $ (8.9) $ 137.0 $ (21.5)
Earnings per share        
Earnings (Loss) per share - basic (in dollars per share) $ 1.72 $ (0.25) $ 3.61 $ (0.61)
Earnings (Loss) per share - diluted (in dollars per share) $ 1.71 $ (0.25) $ 3.59 $ (0.61)
Share data used for earnings per share:        
Weighted average shares outstanding - basic (in shares) 39.3 35.4 37.8 35.4
Weighted average shares outstanding - diluted (in shares) 39.5 35.4 38.0 35.4
Products        
Sales:        
Sales $ 539.5 $ 416.6 $ 1,536.6 $ 1,235.5
Cost of sales:        
Cost of sales 440.2 332.1 1,254.1 1,008.4
Services        
Sales:        
Sales 305.6 261.6 843.4 790.5
Cost of sales:        
Cost of sales $ 250.2 $ 214.4 $ 680.6 $ 640.1