Investments in Unconsolidated Affiliates (Tables)

9 Months Ended

Feb. 28, 2013

Balance Sheet

Financial Information

Combined financial information for our unconsolidated affiliates is summarized as follows:

(in thousands)	February 28, 2013		May 31, 2012
Current assets	$	662,079	$	626,975
Noncurrent assets		355,607		345,500
Total assets	$	1,017,686	$	972,475
Current liabilities	$	183,464	$	174,016
Current maturities of long-term debt		5,394		5,305
Long-term debt		273,870		289,308
Other noncurrent liabilities		23,461		21,934
Equity		531,497		481,912
Total liabilities and equity	$	1,017,686	$	972,475

Income Statement

Financial Information

	Three Months Ended				Nine Months Ended
(in thousands)	February 28, 2013		February 29, 2012		February 28, 2013		February 29, 2012
Net sales	$	421,645	$	409,981	$	1,306,758	$	1,258,185
Gross margin		90,570		82,904		254,796		246,714
Operating income		61,387		56,219		169,997		166,257
Depreciation and amortization		9,979		8,431		29,089		25,164
Interest expense		2,212		1,925		6,681		3,751
Income tax expense		1,842		1,908		5,488		12,032
Net earnings		57,421		51,955		158,570		151,779