| Summary of Changes in Equity by Component and in Total |
The following tables summarize the changes in equity by component and in total for the periods presented:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Controlling Interest |
|
|
|
|
|
|
|
|
Additional |
|
|
AOCI |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Paid In |
|
|
Net of |
|
|
Retained |
|
|
|
|
|
Noncontrolling |
|
|
|
|
|
Capital |
|
|
Tax |
|
|
Earnings |
|
|
Subtotal |
|
|
Interest |
|
|
Total |
|
Balance at May 31, 2026 |
$ |
311,997 |
|
|
$ |
10,906 |
|
|
$ |
704,137 |
|
|
$ |
1,027,040 |
|
|
$ |
- |
|
|
$ |
1,027,040 |
|
Net earnings |
|
- |
|
|
|
- |
|
|
|
42,572 |
|
|
|
42,572 |
|
|
|
- |
|
|
|
42,572 |
|
Other comprehensive loss |
|
- |
|
|
|
(1,335 |
) |
|
|
- |
|
|
|
(1,335 |
) |
|
|
- |
|
|
|
(1,335 |
) |
Common shares issued, net of withholding tax |
|
2,660 |
|
|
|
- |
|
|
|
- |
|
|
|
2,660 |
|
|
|
- |
|
|
|
2,660 |
|
Common shares in non-qualified plans |
|
89 |
|
|
|
- |
|
|
|
- |
|
|
|
89 |
|
|
|
- |
|
|
|
89 |
|
Stock-based compensation |
|
4,192 |
|
|
|
- |
|
|
|
- |
|
|
|
4,192 |
|
|
|
- |
|
|
|
4,192 |
|
Repurchase and retirement of common shares |
|
(2,147 |
) |
|
|
- |
|
|
|
(16,065 |
) |
|
|
(18,212 |
) |
|
|
- |
|
|
|
(18,212 |
) |
Cash dividends declared |
|
- |
|
|
|
- |
|
|
|
(9,814 |
) |
|
|
(9,814 |
) |
|
|
- |
|
|
|
(9,814 |
) |
Balance at August 31, 2026 |
$ |
316,791 |
|
|
$ |
9,571 |
|
|
$ |
720,830 |
|
|
$ |
1,047,192 |
|
|
$ |
- |
|
|
$ |
1,047,192 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Controlling Interest |
|
|
|
|
|
|
|
|
Additional |
|
|
AOCI |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Paid In |
|
|
Net of |
|
|
Retained |
|
|
|
|
|
Noncontrolling |
|
|
|
|
|
Capital |
|
|
Tax |
|
|
Earnings |
|
|
Subtotal |
|
|
Interest |
|
|
Total |
|
Balance at May 31, 2025 |
$ |
308,608 |
|
|
$ |
4,050 |
|
|
$ |
624,529 |
|
|
$ |
937,187 |
|
|
$ |
1,050 |
|
|
$ |
938,237 |
|
Net earnings (loss) |
|
- |
|
|
|
- |
|
|
|
35,148 |
|
|
|
35,148 |
|
|
|
(327 |
) |
|
|
34,821 |
|
Other comprehensive income |
|
- |
|
|
|
1,083 |
|
|
|
- |
|
|
|
1,083 |
|
|
|
- |
|
|
|
1,083 |
|
Common shares issued, net of withholding tax |
|
(3,552 |
) |
|
|
- |
|
|
|
- |
|
|
|
(3,552 |
) |
|
|
- |
|
|
|
(3,552 |
) |
Common shares in non-qualified plans |
|
78 |
|
|
|
- |
|
|
|
- |
|
|
|
78 |
|
|
|
- |
|
|
|
78 |
|
Stock-based compensation |
|
4,856 |
|
|
|
- |
|
|
|
- |
|
|
|
4,856 |
|
|
|
- |
|
|
|
4,856 |
|
Repurchase and retirement of common shares |
|
(623 |
) |
|
|
- |
|
|
|
(5,636 |
) |
|
|
(6,259 |
) |
|
|
- |
|
|
|
(6,259 |
) |
Cash dividends declared |
|
- |
|
|
|
- |
|
|
|
(9,433 |
) |
|
|
(9,433 |
) |
|
|
- |
|
|
|
(9,433 |
) |
Balance at August 31, 2025 |
$ |
309,367 |
|
|
$ |
5,133 |
|
|
$ |
644,608 |
|
|
$ |
959,108 |
|
|
$ |
723 |
|
|
$ |
959,831 |
|
|
| Summary of Changes in AOCI |
The following table summarizes the changes in AOCI for the periods presented:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign Currency Translation |
|
|
Pension Liability Adjustment |
|
|
Cash Flow Hedges |
|
|
AOCI |
|
Balance at May 31, 2026 |
$ |
9,775 |
|
|
$ |
(270 |
) |
|
$ |
1,401 |
|
|
$ |
10,906 |
|
OCI before reclassifications |
|
(695 |
) |
|
|
- |
|
|
|
(1,035 |
) |
|
|
(1,730 |
) |
Reclassification adjustments to net earnings (1) |
|
- |
|
|
|
- |
|
|
|
355 |
|
|
|
355 |
|
Income tax effect |
|
(81 |
) |
|
|
- |
|
|
|
121 |
|
|
|
40 |
|
Balance at August 31, 2026 |
$ |
8,999 |
|
|
$ |
(270 |
) |
|
$ |
842 |
|
|
$ |
9,571 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign Currency Translation |
|
|
Pension Liability Adjustment |
|
|
Cash Flow Hedges |
|
|
AOCI |
|
Balance at May 31, 2025 |
$ |
2,581 |
|
|
$ |
(365 |
) |
|
$ |
1,834 |
|
|
$ |
4,050 |
|
OCI before reclassifications |
|
1,280 |
|
|
|
(14 |
) |
|
|
334 |
|
|
|
1,600 |
|
Reclassification adjustments to net earnings (1) |
|
- |
|
|
|
- |
|
|
|
(773 |
) |
|
|
(773 |
) |
Income tax effect |
|
127 |
|
|
|
3 |
|
|
|
126 |
|
|
|
256 |
|
Balance at August 31, 2025 |
$ |
3,988 |
|
|
$ |
(376 |
) |
|
$ |
1,521 |
|
|
$ |
5,133 |
|
—————————————————— The statement of earnings classification of amounts reclassified to net income for cash flow hedges is disclosed in “Note M – Derivative Financial Instruments and Hedging Activities.”
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