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v3.22.2

Segment Information (Tables) | 12 Months Ended
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May 31, 2022
Segment Reporting [Abstract] |
Summary of Disaggregation of Revenues by Geography and Results of Reportable Segments | The following tables present a disaggregation of revenues by geography, and the results of our reportable segments consistent with our management philosophy, by representing the information we utilize, in conjunction with various strategic, operational and other financial performance criteria, in evaluating the performance of our portfolio of businesses.
Year Ended May 31, |  | 2022 |  |  | 2021 |  |  | 2020 |
(In thousands) |  |  |  |  |  |  |  |  |
Net Sales |  |  |  |  |  |  |  |  |
CPG |  | $ | 2,486,486 |  |  | $ | 2,076,565 |  |  | $ | 1,880,105 |
PCG |  |  | 1,188,379 |  |  |  | 1,028,456 |  |  |  | 1,080,701 |
Consumer |  |  | 2,242,047 |  |  |  | 2,295,277 |  |  |  | 1,945,220 |
SPG |  |  | 790,816 |  |  |  | 705,990 |  |  |  | 600,968 |
Total |  | $ | 6,707,728 |  |  | $ | 6,106,288 |  |  | $ | 5,506,994 |
Income (Loss) Before Income Taxes |  |  |  |  |  |  |  |  |
CPG |  | $ | 396,509 |  |  | $ | 291,773 |  |  | $ | 209,663 |
PCG |  |  | 139,068 |  |  |  | 90,687 |  |  |  | 102,345 |
Consumer |  |  | 175,084 |  |  |  | 354,789 |  |  |  | 198,024 |
SPG |  |  | 121,937 |  |  |  | 108,242 |  |  |  | 57,933 |
Corporate/Other |  |  | (225,799 | ) |  |  | (177,053 | ) |  |  | (160,201 | )
Total |  | $ | 606,799 |  |  | $ | 668,438 |  |  | $ | 407,764 |
Identifiable Assets |  |  |  |  |  |  |  |  |
CPG |  | $ | 2,160,071 |  |  | $ | 1,815,303 |  |  | $ | 1,622,632 |
PCG |  |  | 1,115,780 |  |  |  | 1,051,334 |  |  |  | 925,569 |
Consumer |  |  | 2,405,764 |  |  |  | 2,386,703 |  |  |  | 2,067,017 |
SPG |  |  | 839,419 |  |  |  | 772,540 |  |  |  | 728,449 |
Corporate/Other |  |  | 186,672 |  |  |  | 227,089 |  |  |  | 287,287 |
Total |  | $ | 6,707,706 |  |  | $ | 6,252,969 |  |  | $ | 5,630,954 |
Capital Expenditures |  |  |  |  |  |  |  |  |
CPG |  | $ | 93,327 |  |  | $ | 65,830 |  |  | $ | 63,393 |
PCG |  |  | 28,887 |  |  |  | 19,413 |  |  |  | 23,868 |
Consumer |  |  | 70,227 |  |  |  | 54,986 |  |  |  | 47,331 |
SPG |  |  | 26,939 |  |  |  | 18,989 |  |  |  | 21,610 |
Corporate/Other |  |  | 585 |  |  |  | 223 |  |  |  | 1,077 |
Total |  | $ | 219,965 |  |  | $ | 159,441 |  |  | $ | 157,279 |
Depreciation and Amortization |  |  |  |  |  |  |  |  |
CPG |  | $ | 48,009 |  |  | $ | 45,079 |  |  | $ | 46,491 |
PCG |  |  | 22,287 |  |  |  | 22,633 |  |  |  | 23,850 |
Consumer |  |  | 50,857 |  |  |  | 47,763 |  |  |  | 56,570 |
SPG |  |  | 26,718 |  |  |  | 26,017 |  |  |  | 24,111 |
Corporate/Other |  |  | 5,203 |  |  |  | 5,365 |  |  |  | 5,820 |
Total |  | $ | 153,074 |  |  | $ | 146,857 |  |  | $ | 156,842 |
Net Sales and Long Lived Assets by Regions |
Year Ended May 31, 2022 |  | CPG Segment |  |  | PCG Segment |  |  | Consumer Segment |  |  | SPG Segment |  |  | Consolidated |
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales (based on shipping location) (a) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,423,473 |  |  | $ | 739,731 |  |  | $ | 1,829,384 |  |  | $ | 647,660 |  |  | $ | 4,640,248 |
Foreign |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Canada |  |  | 265,933 |  |  |  | 76,085 |  |  |  | 144,032 |  |  |  | 7,208 |  |  |  | 493,258 |
Europe |  |  | 509,891 |  |  |  | 235,678 |  |  |  | 221,280 |  |  |  | 99,324 |  |  |  | 1,066,173 |
Latin America |  |  | 203,135 |  |  |  | 29,792 |  |  |  | 29,940 |  |  |  | 1,772 |  |  |  | 264,639 |
Asia Pacific |  |  | 83,989 |  |  |  | 23,435 |  |  |  | 17,411 |  |  |  | 34,852 |  |  |  | 159,687 |
Other Foreign |  |  | 65 |  |  |  | 83,658 |  |  |  | - |  |  |  | - |  |  |  | 83,723 |
Total Foreign |  |  | 1,063,013 |  |  |  | 448,648 |  |  |  | 412,663 |  |  |  | 143,156 |  |  |  | 2,067,480 |
Total |  | $ | 2,486,486 |  |  | $ | 1,188,379 |  |  | $ | 2,242,047 |  |  | $ | 790,816 |  |  | $ | 6,707,728 |
Year Ended May 31, 2021 |  | CPG Segment |  |  | PCG Segment |  |  | Consumer Segment |  |  | SPG Segment |  |  | Consolidated |
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales (based on shipping location) (a) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,135,341 |  |  | $ | 611,808 |  |  | $ | 1,832,826 |  |  | $ | 581,094 |  |  | $ | 4,161,069 |
Foreign |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Canada |  |  | 208,289 |  |  |  | 69,754 |  |  |  | 153,631 |  |  |  | 8,982 |  |  |  | 440,656 |
Europe |  |  | 481,244 |  |  |  | 242,102 |  |  |  | 257,372 |  |  |  | 82,170 |  |  |  | 1,062,888 |
Latin America |  |  | 159,197 |  |  |  | 26,283 |  |  |  | 31,358 |  |  |  | 1,826 |  |  |  | 218,664 |
Asia Pacific |  |  | 79,413 |  |  |  | 22,658 |  |  |  | 20,090 |  |  |  | 31,918 |  |  |  | 154,079 |
Other Foreign |  |  | 13,081 |  |  |  | 55,851 |  |  |  | - |  |  |  | - |  |  |  | 68,932 |
Total Foreign |  |  | 941,224 |  |  |  | 416,648 |  |  |  | 462,451 |  |  |  | 124,896 |  |  |  | 1,945,219 |
Total |  | $ | 2,076,565 |  |  | $ | 1,028,456 |  |  | $ | 2,295,277 |  |  | $ | 705,990 |  |  | $ | 6,106,288 |
Year Ended May 31, 2020 |  | CPG Segment |  |  | PCG Segment |  |  | Consumer Segment |  |  | SPG Segment |  |  | Consolidated |
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales (based on shipping location) (a) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,068,552 |  |  | $ | 656,162 |  |  | $ | 1,573,966 |  |  | $ | 489,543 |  |  | $ | 3,788,223 |
Foreign |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Canada |  |  | 159,986 |  |  |  | 71,689 |  |  |  | 116,424 |  |  |  | 8,354 |  |  |  | 356,453 |
Europe |  |  | 418,249 |  |  |  | 247,904 |  |  |  | 195,783 |  |  |  | 74,162 |  |  |  | 936,098 |
Latin America |  |  | 151,099 |  |  |  | 32,471 |  |  |  | 24,909 |  |  |  | 1,328 |  |  |  | 209,807 |
Asia Pacific |  |  | 73,629 |  |  |  | 24,622 |  |  |  | 26,432 |  |  |  | 27,581 |  |  |  | 152,264 |
Other Foreign |  |  | 8,590 |  |  |  | 47,853 |  |  |  | 7,706 |  |  |  | - |  |  |  | 64,149 |
Total Foreign |  |  | 811,553 |  |  |  | 424,539 |  |  |  | 371,254 |  |  |  | 111,425 |  |  |  | 1,718,771 |
Total |  | $ | 1,880,105 |  |  | $ | 1,080,701 |  |  | $ | 1,945,220 |  |  | $ | 600,968 |  |  | $ | 5,506,994 |
Year Ended May 31, |  | 2022 |  |  | 2021 |  |  | 2020 |
(In thousands) |  |  |  |  |  |  |  |  |
Long-Lived Assets (b) |  |  |  |  |  |  |  |  |
United States |  | $ | 2,533,568 |  |  | $ | 2,325,365 |  |  | $ | 2,146,333 |
Foreign |  |  |  |  |  |  |  |  |
Canada |  |  | 223,793 |  |  |  | 235,810 |  |  |  | 224,177 |
Europe |  |  | 324,001 |  |  |  | 394,168 |  |  |  | 358,511 |
United Kingdom |  |  | 259,956 |  |  |  | 290,078 |  |  |  | 252,185 |
Other Foreign |  |  | 195,665 |  |  |  | 198,740 |  |  |  | 195,425 |
Total Foreign |  |  | 1,003,415 |  |  |  | 1,118,796 |  |  |  | 1,030,298 |
Total |  | $ | 3,536,983 |  |  | $ | 3,444,161 |  |  | $ | 3,176,631 |
(a) It is not practicable to obtain the information needed to disclose revenues attributable to each of our product lines. (b) Long-lived assets include all non-current assets, excluding non-current deferred income taxes.

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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