v3.26.1
Consolidated and Combined Statements of Equity and Mezzanine Equity - USD ($)
$ in Millions
Total
Common Shares
APIC
Net Investment by the Former Parent
AOCI, Net of Tax
Retained Earnings
Total
NCI
Redeemable NCI
Balance at May. 31, 2023 $ 1,154.6 $ 0.0 $ 0.0 $ 1,031.1 $ (2.1) $ 0.0 $ 1,029.0 $ 125.6  
Balance (in shares) at May. 31, 2023   0              
Net earnings (loss) 170.1     52.5   102.2 154.7 15.4  
Other comprehensive income (loss) (4.0)       (4.0)   (4.0)    
Distribution to the Former Parent in connection with the Separation (150.0)   (150.0)       (150.0)    
Transfers from (to) the Former Parent, net (32.7)   11.4 (44.1)     (32.7)    
Transfers of Net Investment by the Former Parent to Additional Paid-in Capital     1,039.5 (1,039.5)          
Transfers of Net Investment by the Former Parent to Additional Paid-in Capital (in shares)   49,286,517              
Common shares issued, net of withholding tax 0.2   0.2       0.2    
Common shares issued, net of withholding tax (in shares)   44,997              
Stock-based compensation 4.2   4.2       4.2    
Dividends to noncontrolling interests (8.8)             (8.8)  
Cash dividends declared per common share (16.1)         (16.1) (16.1)    
Balance at May. 31, 2024 1,117.5 $ 0.0 905.3 0.0 (6.1) 86.1 985.3 132.2  
Balance (in shares) at May. 31, 2024   49,331,514              
Net earnings (loss) 119.3     0.0   110.7 110.7 8.6  
Other comprehensive income (loss) 2.1       2.1   2.1    
Common shares issued, net of withholding tax (3.1)   (3.1)       (3.1)    
Common shares issued, net of withholding tax (in shares)   217,381              
Theoretical common shares in non-qualified deferred compensation plans 0.1   0.1       0.1    
Stock-based compensation 11.6   11.6       11.6    
Dividends to noncontrolling interests (17.0)             (17.0)  
Cash dividends declared per common share (32.6)         (32.6) (32.6)    
Balance at May. 31, 2025 1,197.9 $ 0.0 913.9 0.0 (4.0) 164.2 1,074.1 123.8  
Balance (in shares) at May. 31, 2025   49,548,895              
Mezzanine Equity, Balance at May. 31, 2025 0.0               $ 0.0
Acquisitions (Note 2)                 97.3
Contribution of Tempel Nagold (Note 2) (0.7)   (0.7)       (0.7)   0.7
Net earnings (loss)                 (37.9)
Net earnings (loss) (12.9)                
Net earnings (loss) 25.0         8.5 8.5 16.5  
Other comprehensive income (loss) 7.9       7.9   7.9    
Other comprehensive income attributable to Redeemable NCI                 5.2
Common shares issued, net of withholding tax (5.9)   (5.9)       (5.9)    
Common shares issued, net of withholding tax (in shares)   371,403              
Theoretical common shares in non-qualified deferred compensation plans 0.2   0.2       0.2    
Stock-based compensation 11.9   11.9       11.9    
Dividends to noncontrolling interests (6.0)             (6.0)  
Cash dividends declared per common share (32.7)         (32.7) (32.7)    
Balance at May. 31, 2026 1,197.6 $ 0.0 $ 919.4 $ 0.0 $ 3.9 $ 140.0 $ 1,063.3 $ 134.3  
Balance (in shares) at May. 31, 2026   49,920,298              
Mezzanine Equity, Balance at May. 31, 2026 $ 65.3               $ 65.3