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Related Party Transactions (Tables)
6 Months Ended
Nov. 30, 2023
Related Party Transactions [Abstract]  
Schedule of reconciliation of total net transfers to and from parent to the corresponding amount presented in the combined statement of cash flows

Net transfers from Parent are included within Net Worthington Enterprises, Inc. investment. The reconciliation of total net transfers to and from Parent to the corresponding amount presented in the Combined Statement of Cash Flows are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

November 30,

 

 

November 30,

 

(In millions)

 

2023

 

2022

 

 

2023

 

2022

 

Total net transfers from Worthington Enterprises, Inc. per combined statements of equity

 

$

(84.9

)

$

(72.2

)

 

$

(44.1

)

$

(33.3

)

Less: depreciation expense allocated from Parent

 

 

0.6

 

 

0.7

 

 

 

1.2

 

 

1.3

 

Less: stock-based compensation

 

 

3.3

 

 

2.4

 

 

 

6.1

 

 

4.6

 

Total net transfers to Worthington Enterprises, Inc. per combined statement of cash flows

 

$

(88.8

)

$

(75.3

)

 

$

(51.4

)

$

(39.2

)