XML 37 R29.htm IDEA: XBRL DOCUMENT v3.25.2
Description of Business and Basis of Presentation (Tables)
3 Months Ended
Aug. 31, 2025
Accounting Policies [Abstract]  
Summary of Reconciliation of Cash and Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows as of the beginning and end of the periods presented:

 

 

Three Months Ended

 

 

August 31,

 

 

August 31,

 

(In millions)

2025

 

 

2024

 

Reconciliation of cash, cash equivalents, and restricted cash, beginning of period

 

 

 

 

 

Cash and cash equivalents

 

38.0

 

 

 

40.2

 

Restricted cash

 

54.9

 

 

 

-

 

Total cash and cash equivalents and restricted cash, at beginning of period

$

92.9

 

 

$

40.2

 

 

 

 

 

 

Reconciliation of cash, cash equivalents, and restricted cash, end of period

 

 

 

 

 

Cash and cash equivalents

 

78.3

 

 

 

36.0

 

Restricted cash

 

-

 

 

 

-

 

Total cash and cash equivalents and restricted cash, at end of period

$

78.3

 

 

$

36.0

 

Summary of Concentration Percentage of Consolidated Net Sales

The following table summarizes the concentration percentage of consolidated net sales for the periods presented:

 

 

 

Three Months Ended

 

 

 

August 31,

 

 

August 31,

 

(Percentage of Net Sales)

 

2025

 

 

2024

 

End Market – Automotive

 

 

56

%

 

 

51

%

Detroit Three Automakers

 

 

35

%

 

 

32

%

Largest Automotive Customers:

 

 

 

 

 

 

Customer A

 

 

13

%

 

 

13

%

Customer B

 

 

15

%

 

 

13

%