| Financial Information for Reportable Segments |
Summarized financial information for our reportable segments is
shown in the following table:
|
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| |
|
Three Months Ended
February 28, |
|
|
Nine Months Ended
February 28, |
|
| (in
thousands) |
|
2014 |
|
|
2013 |
|
|
2014 |
|
|
2013 |
|
|
Net sales
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Steel Processing
|
|
$ |
477,983 |
|
|
$ |
353,879 |
|
|
$ |
1,372,558 |
|
|
$ |
1,082,998 |
|
|
Pressure
Cylinders
|
|
|
233,290 |
|
|
|
205,206 |
|
|
|
664,212 |
|
|
|
606,936 |
|
|
Engineered Cabs
|
|
|
51,485 |
|
|
|
48,628 |
|
|
|
147,814 |
|
|
|
170,927 |
|
|
Other
|
|
|
10,472 |
|
|
|
11,814 |
|
|
|
50,837 |
|
|
|
47,323 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated net
sales
|
|
$ |
773,230 |
|
|
$ |
619,527 |
|
|
$ |
2,235,421 |
|
|
$ |
1,908,184 |
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income
(loss)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Steel Processing
|
|
$ |
28,264 |
|
|
$ |
17,701 |
|
|
$ |
85,713 |
|
|
$ |
48,166 |
|
|
Pressure
Cylinders
|
|
|
21,278 |
|
|
|
17,860 |
|
|
|
49,007 |
|
|
|
49,965 |
|
|
Engineered Cabs
|
|
|
(1,088 |
) |
|
|
108 |
|
|
|
(22,284 |
) |
|
|
5,367 |
|
|
Other
|
|
|
(3,165 |
) |
|
|
(2,263 |
) |
|
|
(9,010 |
) |
|
|
(7,852 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated operating
income
|
|
$ |
45,289 |
|
|
$ |
33,406 |
|
|
$ |
103,426 |
|
|
$ |
95,646 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring and other
expense (income)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Steel Processing
|
|
$ |
1,380 |
|
|
$ |
- |
|
|
$ |
(3,382 |
) |
|
$ |
- |
|
|
Pressure
Cylinders
|
|
|
412 |
|
|
|
177 |
|
|
|
(1,035 |
) |
|
|
183 |
|
|
Engineered Cabs
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
Other
|
|
|
(394 |
) |
|
|
(31 |
) |
|
|
636 |
|
|
|
1,628 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated
restructuring and other expense (income)
|
|
$ |
1,398 |
|
|
$ |
146 |
|
|
$ |
(3,781 |
) |
|
$ |
1,811 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Impairment of long-lived
assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Steel Processing
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
4,641 |
|
|
$ |
- |
|
|
Pressure
Cylinders
|
|
|
- |
|
|
|
- |
|
|
|
11,634 |
|
|
|
1,520 |
|
|
Engineered Cabs
|
|
|
- |
|
|
|
- |
|
|
|
19,100 |
|
|
|
- |
|
|
Other
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated impairment
of long-lived assets
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
35,375 |
|
|
$ |
1,520 |
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
Joint venture
transactions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Steel Processing
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
Pressure
Cylinders
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
Engineered Cabs
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
Other
|
|
|
120 |
|
|
|
253 |
|
|
|
1,048 |
|
|
|
(1,188 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated joint
venture transactions
|
|
$ |
120 |
|
|
$ |
253 |
|
|
$ |
1,048 |
|
|
$ |
(1,188 |
) |
|
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|
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|
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|
|
|
|
|
|
|
|
| (in
thousands) |
|
February 28,
2014 |
|
|
May 31,
2013 |
|
|
Total
assets
|
|
|
|
|
|
|
|
|
|
Steel Processing
|
|
$ |
856,119 |
|
|
$ |
610,464 |
|
|
Pressure
Cylinders
|
|
|
780,191 |
|
|
|
742,686 |
|
|
Engineered Cabs
|
|
|
176,620 |
|
|
|
201,048 |
|
|
Other
|
|
|
312,977 |
|
|
|
396,659 |
|
|
|
|
|
|
|
|
|
|
|
Consolidated total
assets
|
|
$ |
2,125,907 |
|
|
$ |
1,950,857 |
|
|
|
|
|
|
|
|
|
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|