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Segment Operations - Financial Information for Reportable Segments (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
May 31, 2023
Segment Reporting Information [Line Items]          
Net sales [1] $ 316,755 $ 346,315 $ 926,902 $ 1,049,694  
Impairment of long-lived assets [1]   484   484  
Restructuring and other expense (income), net [1] 698 823 704 (354)  
Separation costs [1] 2,999 2,305 12,465 3,572  
Miscellaneous income (expense), net [1] (6,995) 217 (5,983) (4,499)  
Loss on extinguishment of debt     1,534    
Equity income [1] 43,235 37,111 127,328 102,004  
Adjusted EBITDA 40,471 37,142 100,804 96,334  
Total assets of continuing operations 1,704,689   1,704,689   $ 3,650,918
Continuing Operations          
Segment Reporting Information [Line Items]          
Total assets of continuing operations 1,704,689   1,704,689   1,890,122
Consumer products          
Segment Reporting Information [Line Items]          
Net sales 133,181 130,684 369,923 406,479  
Restructuring and other expense (income), net   206   206  
Miscellaneous income (expense), net 12 (12) 49 (78)  
Adjusted EBITDA 25,649 [2] 21,100 [3],[4] 52,537 [1],[2],[3],[4],[5] 67,846 [2],[3],[4]  
Total assets of continuing operations 566,715   566,715   544,911
Building Products          
Segment Reporting Information [Line Items]          
Net sales 148,190 183,839 465,421 542,536  
Impairment of long-lived assets   484   484  
Restructuring and other expense (income), net 84 617 84 617  
Miscellaneous income (expense), net 154 122 452 405  
Equity income 43,813 37,836 124,032 116,809  
Adjusted EBITDA 53,059 [2] 58,097 [3],[4] 158,501 [1],[2],[3],[4],[5] 157,458 [2],[3],[4]  
Total assets of continuing operations 678,699   678,699   706,169
Sustainable Energy Solutions          
Segment Reporting Information [Line Items]          
Net sales 35,384 31,792 91,558 100,679  
Miscellaneous income (expense), net 328 (37) 1,165 19  
Adjusted EBITDA (2,667) [2] 212 [3],[4] (6,434) [1],[2],[3],[4],[5] 2,932 [2],[3],[4]  
Total assets of continuing operations 144,543   144,543   129,872
Unallocated Corporate and Other          
Segment Reporting Information [Line Items]          
Restructuring and other expense (income), net 614   620 (1,177)  
Separation costs 2,999 2,305 12,465 3,572  
Miscellaneous income (expense), net (7,489) 144 (7,649) (4,845)  
Loss on extinguishment of debt     (1,534)    
Equity income (578) (725) 3,296 (14,805)  
Adjusted EBITDA (9,170) [2] (9,193) [3],[4] (16,775) [1],[2],[3],[4],[5] (15,948) [2],[3],[4]  
Total assets of continuing operations 314,732   314,732   $ 509,170
Consolidated          
Segment Reporting Information [Line Items]          
Loss on extinguishment of debt [1]     (1,534)    
Adjusted EBITDA [1] $ 66,871 [2] $ 70,216 [3],[4] $ 187,829 [2],[3],[4],[5] $ 212,288 [2],[3],[4]  
[1] A reconciliation of net earnings from continuing operations (the most comparable GAAP financial measure) to consolidated adjusted EBITDA is included in the MD&A “Results of Operations” section of this Form 10-Q for the respective three and nine months ended February 29, 2024 and February 28, 2023.
[2] Excludes pre-tax charges of $8,103 and $4,774 from separate pension lift-out transactions completed in February 2024 and August 2022, respectively, to transfer the pension benefit obligation under The Gerstenslager Company Bargaining Unit Employees’ Pension Plan to third-party insurance companies.
[3] Excludes the following items reflected in Equity Income in our consolidated statements of earnings:
For the nine months ended February 29, 2024, our share of the gain realized by our engineered cabs joint venture, Workhorse, in connection with the sale of the joint venture’s operations in Brazil, which totaled $2,780 on a pre-tax basis.
For the nine months ended February 28, 2023, the loss realized in connection with the August 3, 2022, sale of our then 50% noncontrolling equity investment in ArtiFlex, or $16,059 on a pre-tax basis, including $300 of transaction costs during the three months ended February 28, 2023.
[4] Reflects reductions in certain corporate overhead costs that no longer exist post-Separation. These costs were included in continuing operations as they represent general corporate overhead that was historically allocated to Worthington Steel but did not meet the requirements to be presented as discontinued operations.
[5] Excludes a pre-tax loss of $1,534 realized in connection with the July 28, 2023, early redemption of the 2026 Notes. The loss resulted primarily from unamortized issuance costs and discount included in the carrying amount of the 2026 Notes and the acceleration of the remaining unamortized loss in equity related to a treasury lock derivative instrument executed in connection with the issuance of the 2026 Notes.