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Consolidated Statements of Earnings (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Nov. 30, 2021
Nov. 30, 2020
Income Statement [Abstract]        
Net sales $ 1,232,861 $ 731,092 $ 2,343,679 $ 1,434,001
Cost of goods sold 1,048,270 595,618 1,939,714 1,185,169
Gross margin 184,591 135,474 403,965 248,832
Selling, general and administrative expense 96,130 82,129 191,981 164,325
Impairment of long-lived assets 0 3,815 0 13,739
Restructuring and other (income) expense, net (2,004) 7,596 (14,278) 9,444
Incremental expenses related to Nikola gains 0 4,570 0 54,081
Operating income 90,465 37,364 226,262 7,243
Other income (expense):        
Miscellaneous income, net 1,040 376 1,670 827
Interest expense (7,312) (7,548) (15,030) (15,138)
Equity in net income of unconsolidated affiliates 60,218 25,631 113,134 49,265
Gains (loss) on investment in Nikola 0 (143,780) 0 652,362
Earnings (loss) before income taxes 144,411 (87,957) 326,036 694,559
Income tax expense (benefit) 31,226 (19,445) 71,376 144,333
Net earnings (loss) 113,185 (68,512) 254,660 550,226
Net earnings attributable to noncontrolling interests 2,884 5,532 11,868 7,595
Net earnings (loss) attributable to controlling interest $ 110,301 $ (74,044) $ 242,792 $ 542,631
Basic        
Weighted average common shares outstanding 50,381 52,988 50,618 53,532
Earnings (loss) per share attributable to controlling interest $ 2.19 $ (1.40) $ 4.80 $ 10.14
Diluted        
Weighted average common shares outstanding 51,214 52,988 51,532 54,439
Earnings (loss) per share attributable to controlling interest $ 2.15 $ (1.40) $ 4.71 $ 9.97
Common shares outstanding at end of period 50,334 52,754 50,334 52,754
Cash dividends declared per share $ 0.28 $ 0.25 $ 0.56 $ 0.50