$WS
Worthington Steel, Inc.
CIK:0001968487|SEC Filings
Consolidated and Combined Statements of Earnings - USD ($) shares in Millions |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
May 31, 2026 |
May 31, 2025 |
May 31, 2024 |
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| Income Statement [Abstract] | ||||||
| Net sales | $ 3,443,800,000 | $ 3,093,300,000 | $ 3,430,600,000 | |||
| Cost of goods sold | 3,040,500,000 | 2,704,700,000 | 2,990,800,000 | |||
| Gross margin | 403,300,000 | 388,600,000 | 439,800,000 | |||
| Selling, general and administrative expense | 297,400,000 | 231,600,000 | 224,400,000 | |||
| Impairment of goodwill | 53,800,000 | [1] | 0 | 0 | ||
| Impairment of long-lived assets and other assets | 60,500,000 | 7,400,000 | 1,400,000 | |||
| Restructuring and other (income) expense, net | (7,000,000) | 2,600,000 | 0 | |||
| Separation costs | 0 | 0 | 19,500,000 | |||
| Operating income (loss) | (1,400,000) | 147,000,000 | 194,500,000 | |||
| Other income (expense): | ||||||
| Miscellaneous income, net | 16,600,000 | 3,800,000 | 5,300,000 | |||
| Interest expense, net | (28,400,000) | (7,100,000) | (6,000,000) | |||
| Equity in net income of unconsolidated affiliate | 20,300,000 | 4,400,000 | 22,400,000 | |||
| Earnings before income taxes | 7,100,000 | 148,100,000 | 216,200,000 | |||
| Income tax expense | 20,000,000 | 28,800,000 | 46,100,000 | |||
| Net earnings (loss) | (12,900,000) | 119,300,000 | 170,100,000 | |||
| Net earnings (loss) attributable to noncontrolling interests | (21,400,000) | 8,600,000 | 15,400,000 | |||
| Net earnings attributable to controlling interest | $ 8,500,000 | $ 110,700,000 | $ 154,700,000 | |||
| Basic | ||||||
| Weighted average common shares outstanding | 49.8 | 49.5 | 49.3 | |||
| Earnings per share attributable to controlling interest | $ 0.17 | $ 2.24 | $ 3.14 | |||
| Diluted | ||||||
| Weighted average common shares outstanding | 50.8 | 50.5 | 49.8 | |||
| Earnings per share attributable to controlling interest | $ 0.17 | $ 2.19 | $ 3.11 | |||
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