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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 02, 2023
Dec. 03, 2022
Cash Flows from Operating Activities:    
Net earnings $ 50.5 $ 44.9
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 74.6 77.7
Stock-based compensation 11.7 10.9
Amortization of deferred financing costs 2.3 2.3
Loss on sale of equity method investment 0.4 0.0
Deferred taxes (0.3) (0.3)
Restructuring expense 7.0 15.2
Decrease (increase) in current assets 71.0 (34.7)
(Decrease) in current liabilities (1.7) (111.9)
Other, net (2.1) (9.4)
Net Cash Provided by (Used in) Operating Activities 213.4 (5.3)
Cash Flows from Investing Activities:    
Notes receivables issued (7.1) (4.5)
Proceeds from the sale of equity method investment 3.5 0.0
Capital expenditures (39.9) (40.3)
Proceeds from loan on cash surrender value of life insurance 0.0 13.5
Other, net 2.2 (0.7)
Net Cash (Used in) Investing Activities (41.3) (32.0)
Cash Flows from Financing Activities:    
Repayments of long-term debt (13.1) (13.1)
Proceeds from credit facility 386.1 559.3
Repayments of credit facility (457.8) (492.3)
Dividends paid (28.1) (28.4)
Common stock issued 1.9 2.5
Common stock repurchased and retired (60.0) (14.3)
Other, net 0.2 (2.1)
Net Cash (Used in) Provided by Financing Activities (170.8) 11.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents 1.0 (7.1)
Net Increase (Decrease) in Cash and Cash Equivalents 2.3 (32.8)
Cash and Cash Equivalents, Beginning of Period 223.5 230.3
Cash and Cash Equivalents, End of Period $ 225.8 $ 197.5