Segment Operations (Tables)

3 Months Ended

Aug. 31, 2015

Financial Information for Reportable Segments

Summarized financial information for our reportable segments is shown in the following table:

	Three Months Ended August 31,
(in thousands)	2015			2014
Net sales
Steel Processing	$	490,800		$	552,331
Pressure Cylinders		224,394			248,959
Engineered Cabs		38,617			49,554
Other		4,336			11,570
Total net sales	$	758,147		$	862,414
Operating income (loss)
Steel Processing	$	23,638		$	35,869
Pressure Cylinders		16,819			19,606
Engineered Cabs		(9,291	)		(2,145	)
Other		(170	)		(1,128	)
Total operating income	$	30,996		$	52,202
Impairment of long-lived assets
Steel Processing	$	-		$	1,950
Pressure Cylinders		-			-
Engineered Cabs		3,000			-
Other		-			-
Total impairment of long-lived assets	$	3,000		$	1,950
Restructuring and other expense (income)
Steel Processing	$	462		$	(30	)
Pressure Cylinders		731			23
Engineered Cabs		1,878			-
Other		(2	)		107
Total restructuring and other expense	$	3,069		$	100
(in thousands)	August 31, 2015			May 31, 2015
Total assets
Steel Processing	$	818,834		$	829,116
Pressure Cylinders		791,752			804,799
Engineered Cabs		89,018			94,506
Other		346,306			356,721
Total assets	$	2,045,910		$	2,085,142