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Consolidated Statements of Earnings (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Income Statement [Abstract]    
Net sales $ 702,909 $ 855,859
Cost of goods sold 589,551 738,568
Gross margin 113,358 117,291
Selling, general and administrative expense 82,196 90,823
Impairment of long-lived assets 9,924 40,601
Restructuring and other expense, net 1,848 455
Incremental expenses related to Nikola gains 49,511 0
Operating loss (30,121) (14,588)
Other income (expense):    
Miscellaneous income, net 452 695
Interest expense (7,590) (9,480)
Equity in net income of unconsolidated affiliates 23,634 24,767
Gains on investment in Nikola 796,141 0
Loss on extinguishment of debt 0 (4,034)
Earnings (loss) before income taxes 782,516 (2,640)
Income tax expense (benefit) 163,778 (185)
Net earnings (loss) 618,738 (2,455)
Net earnings attributable to noncontrolling interests 2,063 2,321
Net earnings (loss) attributable to controlling interest $ 616,675 $ (4,776)
Basic    
Average common shares outstanding 54,070 55,241
Earnings (loss) per share attributable to controlling interest $ 11.41 $ (0.09)
Diluted    
Average common shares outstanding 54,942 55,241
Earnings (loss) per share attributable to controlling interest $ 11.22 $ (0.09)
Common shares outstanding at end of period 53,362 54,871
Cash dividends declared per share $ 0.25 $ 0.24