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Investments in Unconsolidated Affiliates (Tables)
3 Months Ended
Aug. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Financial Information The following tables present summarized financial information for our unconsolidated affiliates for three months ended August 31, 2025 and 2024:

 

 

Three Months Ended

 

 

 

August 31,

 

 

 

2025

 

 

2024

 

 

WAVE

 

 

 

 

 

 

Net sales

$

134,717

 

 

$

125,905

 

 

Operating income

 

67,683

 

 

 

60,065

 

 

Depreciation and amortization

 

1,638

 

 

 

1,470

 

 

Interest expense, net

 

3,960

 

 

 

4,409

 

 

Income tax expense

 

134

 

 

 

64

 

 

Net earnings

 

63,597

 

 

 

56,209

 

 

 

 

 

 

 

 

 

ClarkDietrich

 

 

 

 

 

 

Net sales

$

289,991

 

 

$

301,855

 

 

Operating income

 

22,789

 

 

 

34,081

 

 

Depreciation and amortization

 

4,495

 

 

 

3,873

 

 

Interest expense (income), net

 

80

 

 

 

(142

)

 

Income tax expense

 

13

 

 

 

537

 

 

Net earnings

 

23,735

 

 

 

34,976

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

Net sales

$

72,485

 

 

$

87,913

 

 

Operating income (loss)

 

(3,257

)

 

 

200

 

 

Depreciation and amortization

 

2,214

 

 

 

2,663

 

 

Interest expense, net

 

295

 

 

 

491

 

 

Income tax expense

 

59

 

 

 

44

 

 

Net earnings (loss)

 

(3,623

)

 

 

(503

)