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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Nov. 30, 2019
Nov. 30, 2018
Income Statement [Abstract]        
Net sales $ 827,637 $ 958,226 $ 1,683,496 $ 1,946,333
Cost of goods sold 707,026 837,292 1,445,594 1,682,402
Gross margin 120,611 120,934 237,902 263,931
Selling, general and administrative expense 88,543 84,668 179,366 175,309
Impairment of long-lived assets 0 0 40,601 2,381
Restructuring and other expense (income), net (50) 402 405 (534)
Operating income 32,118 35,864 17,530 86,775
Other income (expense):        
Miscellaneous income, net 636 1,432 1,331 1,697
Interest expense (7,315) (9,472) (16,795) (19,200)
Loss on extinguishment of debt 0 0 (4,034) 0
Equity in net income of unconsolidated affiliates 47,346 21,087 72,113 51,095
Earnings before income taxes 72,785 48,911 70,145 120,367
Income tax expense 15,863 11,119 15,678 25,617
Net earnings 56,922 37,792 54,467 94,750
Net earnings attributable to noncontrolling interests 4,836 3,790 7,157 5,806
Net earnings attributable to controlling interest $ 52,086 $ 34,002 $ 47,310 $ 88,944
Basic        
Average common shares outstanding 55,059 57,716 55,150 58,226
Earnings per share attributable to controlling interest $ 0.95 $ 0.59 $ 0.86 $ 1.53
Diluted        
Average common shares outstanding 56,072 59,338 56,205 60,013
Earnings per share attributable to controlling interest $ 0.93 $ 0.57 $ 0.84 $ 1.48
Common shares outstanding at end of period 55,094 56,957 55,094 56,957
Cash dividends declared per share $ 0.24 $ 0.23 $ 0.48 $ 0.46