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Segment Operations - Financial Information for Reportable Segments (Detail) - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2023
Aug. 31, 2022
May 31, 2023
Segment Reporting Information [Line Items]      
Net sales $ 1,193,256 $ 1,408,665  
Impairment of long-lived assets 1,401 312  
Separation costs 6,035    
Restructuring and other expense (income), net   (1,100)  
Miscellaneous income (expense), net 1,011 (5,086)  
Loss on extinguishment of debt 1,534    
Equity income 54,381 31,712  
Adjusted EBIT 128,480 84,742  
Total assets 3,476,692   $ 3,650,918
Steel Processing      
Segment Reporting Information [Line Items]      
Net sales 881,339 1,038,880  
Impairment of long-lived assets 1,401 312  
Restructuring and other expense (income), net   78  
Miscellaneous income (expense), net 712 184  
Equity income 8,957 1,770  
Adjusted EBIT 78,002 [1] 34,913 [2]  
Total assets 1,786,067   1,758,981
Consumer products      
Segment Reporting Information [Line Items]      
Net sales 149,412 188,703  
Miscellaneous income (expense), net 31 (35)  
Adjusted EBIT 8,991 [1] 20,934 [2]  
Total assets 615,223   615,430
Building Products      
Segment Reporting Information [Line Items]      
Net sales 133,868 150,323  
Miscellaneous income (expense), net 57 222  
Equity income 45,043 43,866  
Adjusted EBIT 54,016 [1] 52,734 [2]  
Total assets 619,794   635,650
Sustainable Energy Solutions      
Segment Reporting Information [Line Items]      
Net sales 28,637 30,759  
Miscellaneous income (expense), net 281 (86)  
Adjusted EBIT (4,722) [1] (1,393) [2]  
Total assets 139,147   129,872
Other      
Segment Reporting Information [Line Items]      
Separation costs 6,035    
Restructuring and other expense (income), net   (1,178)  
Miscellaneous income (expense), net (70) (5,371)  
Loss on extinguishment of debt 1,534    
Equity income 381 (13,924)  
Adjusted EBIT 132 [1] 5,145 [2]  
Total assets 316,461   $ 510,985
Consolidated      
Segment Reporting Information [Line Items]      
Loss on extinguishment of debt (1,534)    
Adjusted EBIT $ 136,419 [1] $ 112,333 [2]  
[1] Excludes the following:
Impairment of long-lived assets resulted from a revision of the estimated fair value, less selling costs of certain production equipment at our consolidated Samuel joint venture that has been classified as held for sale since August 2022;
Separation costs reflect direct and incremental costs in connection with the anticipated Separation and are held at the corporate level. These costs include fees paid to third-party parties for audit, advisory and legal services to effect the Separation, nonrecurring employee-related costs, such as retention bonuses, and nonrecurring functional costs associated with the separation of shared corporate functions;
Loss on extinguishment of debt resulted from the redemption of the 2026 Notes, in full, on July 28, 2023, and consisted primarily unamortized debt issuance costs and the remaining loss deferred in AOCI associated with an interest rate swap executed prior to the issuance of the 2026 Notes; and
Noncontrolling interest portion of impairment of long-lived assets of $517 within Steel Processing.
[2] Excludes the following:
Impairment of long-lived assets resulted from the reclassification of the net assets of the Samuel toll processing facility in Cleveland, Ohio, to assets held for sale during August 2022;
Restructuring and other income, net was driven primarily by a gain on the sale of the remaining real property of our former oil & gas equipment business on June 14, 2022;
A non-cash settlement charge of $4,774 in miscellaneous income (expense), net within Other related to the pension lift-out transaction associated with the Gerstenslager Company Bargaining Unit Employees’ Pension Plan;
A loss of $15,759 within equity income related to the August 31, 2022, sale of our 50% noncontrolling interest in ArtiFlex;
Incremental compensation expense of $525 within Consumer Products related to the Level5 earnout agreement; and
Noncontrolling interest portion of impairment of long-lived assets of $115 within Steel Processing