Financial Summary (All financials)
| In millions, except per share items | May-31-23 | May-31-22 | May-31-21 | May-31-20 | May-31-19 | May-31-18 | May-31-17 | May-31-16 |
| Revenues | 1,990.5 | 1,820.0 | 1,652.3 | 2,072.0 | 2,051.8 | 1,748.3 | 1,590.8 | 1,525.4 |
| Revenue growth | 9.4% | 10.1% | -20.3% | 1.0% | 17.4% | 9.9% | 4.3% | -5.9% |
| Cost of goods sold | 1,620.4 | 1,506.8 | 1,376.4 | 1,802.8 | 1,722.0 | 1,454.2 | 1,327.4 | 1,292.3 |
| Gross profit | 370.1 | 313.2 | 275.9 | 269.2 | 329.8 | 294.1 | 263.4 | 233.1 |
| Gross margin | 18.6% | 17.2% | 16.7% | 13.0% | 16.1% | 16.8% | 16.6% | 15.3% |
| Selling, general and administrative | 230.4 | 202.2 | 182.4 | 220.6 | 215.4 | 208.1 | 179.0 | 157.6 |
| EBITA | 137.1 | 105.1 | 87.2 | 41.7 | 101.9 | 91.2 | 86.5 | 79.9 |
| EBITA margin | 6.9% | 5.8% | 5.3% | 2.0% | 5.0% | 5.2% | 5.4% | 5.2% |
| Amortization of intangibles | | 1.1 | 1.8 | 2.3 | 3.9 | 4.7 | 4.2 | 4.4 |
| EBIT | 137.1 | 104.0 | 85.4 | 39.4 | 98.0 | 86.5 | 82.3 | 75.5 |
| EBIT margin | 6.9% | 5.7% | 5.2% | 1.9% | 4.8% | 4.9% | 5.2% | 4.9% |
| Pre-tax income | 121.2 | 105.1 | 64.5 | 30.4 | 89.0 | 77.2 | 77.1 | 68.9 |
| Income taxes | 31.4 | 26.6 | 18.2 | 5.6 | 4.9 | 3.5 | 25.1 | 23.4 |
| Tax rate | 25.9% | 25.3% | 28.2% | 18.4% | 5.5% | 4.5% | 32.6% | 34.0% |
| Earnings from continuing ops | 2.6 | 78.5 | 46.3 | 24.8 | 84.1 | 73.7 | 52.0 | 45.5 |
| Earnings from discontinued ops | 90.2 | 0.2 | -10.5 | -20.4 | -76.6 | -58.1 | 4.5 | 2.2 |
| Net income | 92.8 | 78.7 | 35.8 | 4.4 | 7.5 | 15.6 | 56.5 | 47.7 |
| Net margin | 4.7% | 4.3% | 2.2% | 0.2% | 0.4% | 0.9% | 3.6% | 3.1% |
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| Diluted EPS | $0.07 | $2.18 | $1.31 | $0.71 | $2.41 | $2.13 | $1.52 | $1.32 |
| Shares outstanding (diluted) | 35.1 | 36.0 | 35.3 | 35.0 | 34.9 | 34.6 | 34.3 | 34.6 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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