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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
May 31, 2025
Jun. 01, 2024
Jun. 03, 2023
Cash Flows from Operating Activities:      
Net (loss) earnings $ (33.2) $ 84.6 $ 46.1
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:      
Depreciation expense 102.6 117.5 115.3
Amortization expense 37.9 37.6 39.8
Loss on sale of equity method investment 0.0 0.4 0.0
Deferred taxes (45.0) (38.8) (45.3)
Pension contributions (0.3) (1.8) (11.7)
Impairment charges 130.0 16.8 57.9
Restructuring expenses 14.8 30.8 34.0
Stock-based compensation 31.8 20.7 20.2
Amortization of deferred financing costs 4.6 4.6 4.6
Operating leases 4.7 (4.3) (3.3)
Decrease (increase) in long-term assets 2.0 2.4 (4.7)
Changes in current assets and liabilities:      
(Increase) decrease in accounts receivable & unbilled accounts receivable (41.9) 35.2 15.6
(Increase) decrease in inventories (16.9) 59.0 81.5
(Increase) decrease in prepaid expenses and other (13.9) 25.6 19.6
Increase (decrease) in accounts payable 26.7 (28.9) (82.5)
Increase (decrease) in accrued liabilities 1.0 (7.5) (124.8)
Other, net 4.4 (1.6) 0.6
Net Cash Provided by Operating Activities 209.3 352.3 162.9
Cash Flows from Investing Activities:      
Advances of notes receivable (3.3) (14.7) (5.1)
Collection of notes receivable 6.8 2.8 0.0
Capital expenditures (107.6) (78.4) (83.3)
Proceeds from sales of property and dealers 6.5 0.0 0.3
Proceeds from life insurance policy 0.0 0.0 13.5
Proceeds from the sale of equity method investment 0.0 3.5 0.0
Other, net (3.3) 0.5 (1.9)
Net Cash (Used in) Investing Activities (100.9) (86.3) (76.5)
Cash Flows from Financing Activities:      
Proceeds from issuance of debt, net of discounts 123.1 0.0 0.0
Payments of deferred financing costs (0.3) 0.0 0.0
Repayments of long-term debt (75.7) (31.3) (26.3)
Proceeds from credit facility 1,101.8 833.2 929.9
Repayments of credit facility (1,163.5) (869.9) (916.2)
Dividends paid (51.7) (55.6) (57.1)
Common stock issued 6.0 5.9 5.5
Common stock repurchased and retired (84.9) (138.2) (16.0)
Distribution to noncontrolling interest (4.4) (2.8) (4.9)
Other, net (0.7) (0.1) (1.7)
Net Cash (Used in) Financing Activities (150.3) (258.8) (86.8)
Effect of exchange rate changes on cash and cash equivalents 5.2 (0.3) (6.4)
Net (Decrease) Increase In Cash and Cash Equivalents (36.7) 6.9 (6.8)
Cash and cash equivalents, Beginning of Year 230.4 223.5 230.3
Cash and Cash Equivalents, End of Year 193.7 230.4 223.5
Other Cash Flow Information      
Interest paid 69.1 70.6 70.6
Income taxes paid, net of cash received $ 51.3 $ 28.1 $ 34.8