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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Net sales $ 848,237 $ 737,549
Cost of goods sold 715,459 590,267
Gross margin 132,778 147,282
Selling, general and administrative expense 88,249 81,056
Restructuring and other expense 2,304 1,328
Operating income 42,225 64,898
Other income (expense):    
Miscellaneous income, net 348 863
Interest expense (8,807) (7,870)
Equity in net income of unconsolidated affiliates 27,306 34,544
Earnings before income taxes 61,072 92,435
Income tax expense 12,998 23,899
Net earnings 48,074 68,536
Net earnings attributable to noncontrolling interests 2,540 2,969
Net earnings attributable to controlling interest $ 45,534 $ 65,567
Basic    
Average common shares outstanding 62,444 61,885
Earnings per share attributable to controlling interest $ 0.73 $ 1.06
Diluted    
Average common shares outstanding 64,590 64,337
Earnings per share attributable to controlling interest $ 0.70 $ 1.02
Common shares outstanding at end of period 62,144 62,179
Cash dividends declared per share $ 0.21 $ 0.20