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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2015
Aug. 31, 2014
Net sales $ 758,147 $ 862,414
Cost of goods sold 645,131 732,907
Gross margin 113,016 129,507
Selling, general and administrative expense 75,951 75,255
Impairment of long-lived assets 3,000 1,950
Restructuring and other expense 3,069 100
Operating income 30,996 52,202
Other income (expense):    
Miscellaneous income (expense) (578) 323
Interest expense (7,854) (9,516)
Equity in net income of unconsolidated affiliates 26,581 27,924
Earnings before income taxes 49,145 70,933
Income tax expense 14,708 22,113
Net earnings 34,437 48,820
Net earnings attributable to noncontrolling interests 3,027 4,652
Net earnings attributable to controlling interest $ 31,410 $ 44,168
Basic    
Average common shares outstanding 63,993 67,567
Earnings per share attributable to controlling interest $ 0.49 $ 0.65
Diluted    
Average common shares outstanding 65,729 69,738
Earnings per share attributable to controlling interest $ 0.48 $ 0.63
Common shares outstanding at end of period 63,343 67,424
Cash dividends declared per share $ 0.19 $ 0.18