XML 79 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Worthington Samuel Coil Processing Llc
Common Shares
Additional Paid-in Capital
Accumulated Other Comprehensive Loss, Net of Tax
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Total
Total
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interests
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interests
Worthington Samuel Coil Processing Llc
Balance at May. 31, 2018 $ 1,036,375       $ 295,592 $ (14,580) $ 637,757   $ 918,769   $ 117,606    
Balance (ASC 606) at May. 31, 2018   $ 1,744           $ 1,174   $ 1,174   $ 570  
Balance (in shares) at May. 31, 2018       58,876,921                  
Net earnings 163,273           153,455   153,455   9,818    
Other comprehensive income (loss) (29,004)         (28,884)     (28,884)   (120)    
Common shares issued, net of withholding tax (6,371)       (6,371)       (6,371)        
Common shares issued, net of withholding tax (in shares)       690,604                  
Theoretical common shares in NQ plans 680       680       680        
Stock-based compensation 13,927       13,927       13,927        
Repurchases and retirement of common shares $ (168,113)       (20,651)   (147,462)   (168,113)        
Repurchases and retirement of common shares (in shares) 4,100,000     (4,100,000)                  
Dividends to noncontrolling interests $ (10,726)                   (10,726)    
Cash dividends declared ($0.80 per share in 2017, $0.84 per share in 2018 and $0.92 per share in 2019) (53,391)           (53,391)   (53,391)        
Balance at May. 31, 2019 948,394       283,177 (43,464) 591,533   831,246   117,148    
Balance (in shares) at May. 31, 2019       55,467,525                  
Net earnings 84,444           78,796   78,796   5,648    
Other comprehensive income (loss) 8,247         8,247     8,247        
Common shares issued, net of withholding tax (6,513)       (6,513)       (6,513)        
Common shares issued, net of withholding tax (in shares)       448,960                  
Theoretical common shares in NQ plans 547       547       547        
Stock-based compensation 13,191       13,191       13,191        
Consolidation of Worthington Samuel Coil Processing LLC     $ 24,269                   $ 24,269
Repurchases and retirement of common shares $ (50,972)       (6,626)   (44,346)   (50,972)        
Repurchases and retirement of common shares (in shares) 1,300,000     (1,300,000)                  
Dividends to noncontrolling interests $ (1,453)                   (1,453)    
Cash dividends declared ($0.80 per share in 2017, $0.84 per share in 2018 and $0.92 per share in 2019) (53,721)           (53,721)   (53,721)        
Balance at May. 31, 2020 966,433       283,776 (35,217) 572,262   820,821   145,612    
Balance (in shares) at May. 31, 2020       54,616,485                  
Net earnings 741,450           723,795   723,795   17,655    
Other comprehensive income (loss) 80,604         80,604     80,604        
Common shares issued, net of withholding tax 6,581       6,581       6,581        
Common shares issued, net of withholding tax (in shares)       732,326                  
Theoretical common shares in NQ plans 556       556       556        
Stock-based compensation 13,005       13,005       13,005        
Partner contribution to Worthington Samuel Coil Processing, LLC     $ 925                   $ 925
Repurchases and retirement of common shares $ (192,054)       (21,128)   (170,926)   (192,054)        
Repurchases and retirement of common shares (in shares) 4,018,464     (4,018,464)                  
Dividends to noncontrolling interests $ (10,690)                   (10,690)    
Cash dividends declared ($0.80 per share in 2017, $0.84 per share in 2018 and $0.92 per share in 2019) (55,115)           (55,115)   (55,115)        
Balance at May. 31, 2021 $ 1,551,695       $ 282,790 $ 45,387 $ 1,070,016   $ 1,398,193   $ 153,502    
Balance (in shares) at May. 31, 2021       51,330,347