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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Feb. 28, 2026
Feb. 28, 2025
Cash flows used in operating activities:    
Net income (loss) $ 137.0 $ (21.5)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 51.1 41.5
Amortization of financing costs 2.4 2.0
Stock-based compensation expense 13.3 15.6
Impairment charge   63.0
Bargain purchase gain (35.7)  
Gain on sale of building (9.8)  
Earnings from joint ventures (4.3) (4.7)
Provision for (Recovery of) credit losses 2.2 (0.3)
Gain on sale of business (1.0)  
Changes in certain assets and liabilities, net of acquisitions:    
Accounts receivable (35.1) (42.2)
Contract assets 14.2 (37.8)
Inventories (65.5) (76.6)
Prepaid expenses and other current assets (18.5) (16.9)
Rotable assets supporting long-term programs (25.6) (24.2)
Accounts payable (17.5) 51.7
Accrued and other liabilities 42.6 19.8
Other (6.4) 15.3
Net cash provided by (used in) operating activities 43.4 (15.3)
Cash flows used in investing activities:    
Property, plant, and equipment expenditures (24.6) (24.7)
Acquisitions, net of cash acquired (222.0) 2.9
Proceeds from sale of building 24.8 4.7
Hangar expansion activity, net (24.5) (1.6)
Other (5.5) 1.8
Net cash used in investing activities (251.8) (16.9)
Cash flows provided by financing activities:    
Proceeds from equity offering, net 273.9  
Proceeds from long - term borrowings, net 153.0  
Short-term borrowings (repayments), net (232.0) 35.0
Financing costs (2.5) (0.1)
Stock compensation activity 6.9 2.1
Net cash provided by financing activities 199.3 37.0
Increase (Decrease) in cash, cash equivalents, and restricted cash (9.1) 4.8
Cash, cash equivalents, and restricted cash at beginning of period 109.2 96.1
Cash, cash equivalents, and restricted cash at end of period $ 100.1 $ 100.9