Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Nov. 30, 2019

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables summarize the activity in Accumulated other comprehensive income (loss), net of tax, by component, for the periods indicated:

	Three months ended November 30, 2019
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at September 1, 2019	$(49.1)		$(12.4)		$(61.5)
Other comprehensive income (loss) before reclassifications	3.9		—		3.9
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of gains and losses (net of tax of $0.0)	—		0.3		0.3
Amortization of prior service credit (net of tax of $0.0)	—		(0.1	)	(0.1	)
Other comprehensive income (loss)	3.9		0.2		4.1
Ending balance at November 30, 2019	$(45.2)		$(12.2)		$(57.4)
	Three months ended November 30, 2018
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at September 1, 2018	$(45.0)		$(13.6)		$(58.6)
Other comprehensive income (loss) before reclassifications	(0.6	)	—		(0.6	)
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of gains and losses (net of tax of $0.0)	—		0.2		0.2
Postretirement benefit plan remeasurement (net of tax of $0.7)	—		2.0		2.0
Amortization of prior service credit (net of tax of $0.0)	—		(0.1	)	(0.1	)
Other reclassifications (net of tax of $0.2)	—		0.6		0.6
Other comprehensive income (loss)	(0.6	)	2.7		2.1
Ending balance at November 30, 2018	$(45.6)		$(10.9)		$(56.5)

	Six months ended November 30, 2019
	Foreign currency translation adjustments	Retirement benefit plans	Total
Beginning balance at June 1, 2019	$(47.1)	$(12.6)	$(59.7)
Other comprehensive income (loss) before reclassifications	1.9	—	1.9
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of gains and losses (net of tax of $0.0)	—	0.5	0.5
Amortization of prior service credit (net of tax of $0.0)	—	(0.1)	(0.1)
Other comprehensive income (loss)	1.9	0.4	2.3
Ending balance at November 30, 2019	$(45.2)	$(12.2)	$(57.4)
	Six months ended November 30, 2018
	Foreign currency translation adjustments	Retirement benefit plans	Total
Beginning balance at June 1, 2018	$(41.9)	$(13.8)	$(55.7)
Other comprehensive income (loss) before reclassifications	(3.7)	—	(3.7)
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of gains and losses (net of tax of $0.0)	—	0.4	0.4
Postretirement benefit plan remeasurement (net of tax of $0.7)	—	2.0	2.0
Amortization of prior service credit (net of tax of $0.0)	—	(0.1)	(0.1)
Other reclassifications (net of tax of $0.2)	—	0.6	0.6
Other comprehensive income (loss)	(3.7)	2.9	(0.8)
Ending balance at November 30, 2018	$(45.6)	$(10.9)	$(56.5)

The following table presents the impact on earnings of reclassifications out of Accumulated other comprehensive income (loss) for the periods indicated:

	Three months ended November 30,		Six months ended November 30,		Condensed Consolidated Statements of Operations line item
	2019	2018	2019	2018
Employee benefit plans:
Amortization of unrecognized (gain) loss	$0.3	$0.2	$0.5	$0.4	Other components of net periodic benefit (cost)
Amortization of prior service credit	(0.1)	(0.1)	(0.1)	(0.1)	Other components of net periodic benefit (cost)
Less: Tax effect	0.0	0.0	0.0	0.0	Provision (benefit) for income taxes
Total cost, net of tax	$0.2	$0.1	$0.4	$0.3