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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
May 31, 2025
May 31, 2024
May 31, 2023
Sales:      
Sales $ 2,780.5 $ 2,318.9 $ 1,990.5
Costs and operating expenses:      
Costs 2,252.8 1,876.6 1,620.4
Gross profit 527.7 442.3 370.1
Provision for credit losses 0.2 0.7 2.6
Selling, general and administrative 347.7 312.2 230.4
Earnings (Loss) from joint ventures 5.4 (0.2) (3.2)
Operating income 185.2 129.2 133.9
Pension settlement charge   (26.7)  
Losses related to sale and exit of businesses (72.4) (2.8) (0.7)
Other expense, net (0.3) (0.4) (0.8)
Interest expense (75.4) (43.2) (12.2)
Interest income 1.8 2.2 1.0
Income from continuing operations before provision for income taxes 38.9 58.3 121.2
Income tax expense 26.4 12.0 31.4
Income from continuing operations 12.5 46.3 89.8
Income from discontinued operations, net of tax     0.4
Net income $ 12.5 $ 46.3 $ 90.2
Earnings per share - basic:      
Earnings from continuing operations $ 0.35 $ 1.3 $ 2.55
Income from discontinued operations     0.01
Earnings per share - basic 0.35 1.3 2.56
Earnings per share - diluted:      
Earnings from continuing operations 0.35 1.29 2.52
Income from discontinued operations     0.01
Earnings per share - diluted $ 0.35 $ 1.29 $ 2.53
Products      
Sales:      
Sales $ 1,712.3 $ 1,387.1 $ 1,238.7
Costs and operating expenses:      
Costs 1,388.9 1,096.7 985.2
Services      
Sales:      
Sales 1,068.2 931.8 751.8
Costs and operating expenses:      
Costs $ 863.9 $ 779.9 $ 635.2