AAR (AIR)

Company ID: 66 | CIK: 0000001750
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Business Unit / Product Segments

Major Customers (% of Revenue)

Operational KPIs

Unfunded Government Options (backlog)

New contract award (bookings)

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IMC maintenance bays (capacity)

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Contract workers (contractors)

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Trax software customers (customers)

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Aircraft in portfolio (fleet_size)

Aircraft on lease (fleet_utilization)

Employees (headcount)

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Aircraft held for sale (inventory_units)

Unfunded Government Options (order_book)

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Defense order received (orders_received)

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A400M capitalized costs (other)

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A400M expected program revenue (other)

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A400M expected revenue (other)

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A400M program development costs (other)

A400M program revenue expectation (other)

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Accounts receivable securitization availability (other)

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Accounts receivable securitization outstanding (other)

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Accounts receivable securitization proceeds (other)

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Accounts receivable sold (other)

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Accounts receivable sold under securitization (other)

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Acquired business revenue (other)

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Acquisitions completed (other)

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Aircraft acquired (other)

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Aircraft acquired by joint ventures (other)

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Aircraft acquired with joint venture partners (other)

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Aircraft fleet reduction exposure (other)

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Aircraft lease expirations (other)

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Aircraft owned via joint ventures (other)

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Aircraft portfolio investment (other)

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Aircraft purchased by joint ventures (other)

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Aircraft purchased via joint ventures (other)

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Aircraft purchased with JV partners (other)

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Aircraft sold (other)

Aircraft sold by joint ventures (other)

Aircraft sold from portfolio (other)

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Aircraft supported by Trax (other)

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Aircraft supported by Trax software (other)

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Aircraft under sale agreements (other)

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Aircraft up for lease renewal (other)

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Airframe maintenance bays (other)

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Airframe maintenance facilities (other)

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Airlift contract value (other)

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Airlift revenue contribution (other)

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Anti-dilutive stock options (other)

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Authorized OEM product lines (other)

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Authorized distributor manufacturers (other)

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Authorized distributor product lines (other)

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Authorized distributorships (other)

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Authorized manufacturer distributors (other)

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Authorized manufacturer distributorships (other)

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Authorized manufacturer partners (other)

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Authorized manufacturer principals (other)

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Authorized product lines (other)

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Authorized product manufacturers (other)

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Available Credit Facility (other)

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Available credit capacity (other)

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Available liquidity (other)

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Available secured financing (other)

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Average borrowing rate (other)

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Average fleet age (other)

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Aviation Services gross margin (other)

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Aviation commercial gross margin (other)

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Aviation defense gross margin (other)

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Aviation equipment operating lease commitments (other)

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Aviation equipment purchase option value (other)

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Bank borrowings outstanding (other)

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Bank credit lines (other)

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Book value per share (other)

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Capitalized program costs (other)

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Capitalized program development costs (other)

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Cash and cash equivalents (other)

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Cash and credit availability (other)

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Cash and unused credit capacity (other)

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Cash and unused revolver capacity (other)

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Cash flow from operations (other)

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Certificated repair stations (other)

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Commercial airline sales growth (other)

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Commercial customer sales growth (other)

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Commercial customer sales mix (other)

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Commercial sales growth (other)

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Commercial sales mix (other)

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Commercial sales share (other)

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Commercial share of consolidated sales (other)

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Committed unsecured bank credit lines (other)

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Common Stock Outstanding (other)

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Common shares outstanding (other)

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Common stockholders (other)

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Consolidated gross profit margin (other)

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Contract potential revenue (other)

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Convertible shares potentially convertible (other)

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Countries of operation (other)

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Current ratio (other)

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Defense customer sales (other)

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Defense customer sales growth (other)

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Defense sales as percent of total sales (other)

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Defense sales growth (other)

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Defense sales mix (other)

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Defense sales share (other)

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Deferred revenue (other)

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Diluted EPS guidance (other)

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Discontinued operation net assets (other)

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EASA Certificated Repair Stations (other)

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EASA Licensed Repair Stations (other)

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EASA certificated repair stations (other)

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EASA licensed repair stations (other)

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EASA repair stations (other)

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EASA-certificated repair stations (other)

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EASA-licensed repair stations (other)

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Effective income tax rate (other)

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Effective tax rate (other)

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Expeditionary gross margin (other)

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Export sales (other)

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FAA Certificated Repair Stations (other)

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FAA Licensed Repair Stations (other)

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FAA certificated repair stations (other)

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FAA licensed repair stations (other)

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FAA repair stations (other)

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FAA-certificated repair stations (other)

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FAA-licensed repair stations (other)

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Federal Supply Class codes (other)

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Foreign credit availability (other)

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Foreign employment subsidies (other)

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Foreign sales (other)

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GASS contract ceiling (other)

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Government and defense customer sales growth (other)

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Government and defense customer sales mix (other)

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Government and defense sales (other)

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Government and defense sales growth (other)

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Government and defense sales mix (other)

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Government and defense share of consolidated sales (other)

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Government defense sales mix (other)

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Government defense sales share (other)

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Government sales mix (other)

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Government sales percentage (other)

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Government sales share (other)

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Government subsidies recognized (other)

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Gross margin (other)

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Gross profit margin (other)

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Impaired inventory and engines (other)

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Impaired inventory carrying value (other)

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Impaired inventory proceeds (other)

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Impaired inventory sales proceeds (other)

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Inventory management pass-through billings (other)

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JAA licensed repair stations (other)

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JAA repair stations (other)

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Joint venture aircraft activity (other)

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Joint venture aircraft transactions (other)

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Joint venture assets (other)

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Joint venture income (other)

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Joint venture sales (other)

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KC-10 Program sales (other)

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KC10 Program gross profit (other)

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KC10 Program revenue (other)

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KC10 average annual revenue (other)

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KC10 average gross profit (other)

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KC10 unbilled receivable (other)

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KC10 unbilled receivables (other)

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Landing gear overhaul facilities (other)

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Lease discount rate (other)

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Letters of credit and guarantees (other)

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Letters of credit and guarantees outstanding (other)

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Letters of credit and performance bonds (other)

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Letters of credit outstanding (other)

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Liquidity position (other)

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Long-term debt to capitalization (other)

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Loss accrual on aviation equipment leases (other)

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Loss accrual on operating leases (other)

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Maintenance bays occupied (other)

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Minimum fixed charge coverage ratio (other)

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Net contract assets (other)

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Net favorable cumulative catch-up adjustments (other)

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Net impaired inventory (other)

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Net impaired inventory and engines (other)

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Net sales growth (other)

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Number of Reportable Segments (other)

OEM distribution agreements (other)

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OEM distribution authorizations (other)

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OEM distribution lines (other)

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OEM distribution partners (other)

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OEM product lines distributed (other)

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Operating income margin (other)

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Past due accounts receivable (other)

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Proceeds from sales of impaired inventory (other)

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Proceeds from sales of impaired inventory and engines (other)

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Professional development hours (other)

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Program development costs capitalized (other)

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Purchase option values (other)

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Receivable financing availability (other)

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Receivables availability (other)

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Receivables purchase agreement availability (other)

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Receivables sold (other)

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Receivables sold availability (other)

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Receivables sold under securitization (other)

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Remaining buyback authorization (other)

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Remaining lease term (other)

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Remaining share repurchase authorization (other)

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Repurchase authorization remaining (other)

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Restricted cash (other)

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Restricted shares outstanding (other)

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Revenue guidance (other)

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Revolver availability (other)

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Revolver borrowings outstanding (other)

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Revolving Credit Facility Borrowings (other)

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Revolving credit availability (other)

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Revolving credit borrowings (other)

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Revolving credit capacity (other)

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Revolving credit facility availability (other)

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Revolving credit facility borrowings (other)

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Rotable asset investment (other)

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Rotable asset sales (other)

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Rotable assets investment (other)

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SG&A percent of sales (other)

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Sales by customer market (other)

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Sales growth (other)

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Sales growth to commercial customers (other)

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Sales growth to defense customers (other)

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Sales to foreign customers (other)

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Scheduled purchase option value of leased equipment (other)

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Scheduled purchase option values (other)

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Scheduled purchase option values of leased aviation equipment (other)

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Secured financing outstanding (other)

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Securitization availability (other)

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Shares available for repurchase (other)

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Shares outstanding (other)

Shares repurchased (other)

Shares repurchased since inception (other)

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Stock options outstanding (other)

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Stock repurchase authorization remaining (other)

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TCCA-certificated repair stations (other)

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Technology Products gross margin (other)

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Total available liquidity (other)

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Total debt to capitalization (other)

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Total liquidity (other)

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U.S. Government sales (other)

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U.S. Government sales concentration (other)

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US Government sales share (other)

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Unbilled accounts receivable (other)

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Unbilled receivables (other)

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Unfunded Government Options (other)

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Unison agreement revenue (other)

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Unused available bank lines (other)

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Unused available committed bank lines (other)

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Unused bank credit lines (other)

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Unused bank lines (other)

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Unused committed bank lines (other)

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Unvested restricted shares (other)

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Weighted average common shares outstanding (other)

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Weighted average diluted shares (other)

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Whole asset sales (other)

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Working capital (other)

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Year 2000 compliant sub-systems (other)

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us-gaap:NumberOfReportableSegments (other)

Maintenance facilities (properties)

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Revenue, Remaining Performance Obligation, Amount (rpo)

New facility square footage (square_footage)

Aircraft sold (units_shipped)

Aircraft purchased with JV partners (vehicles_delivered)

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Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

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Demographics

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Workforce Breakdowns

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HCM Metrics — Point-in-Time

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HCM Metrics — Flow (Annual / YTD)

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Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-08-31plant_closurein_progressUnited States — Indianapolis, IndianaRepair, Engineering, and Software — airframe maintenanceUSD 4 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Facility consolidation closing Indianapolis and relocating most operations to Greensboro, NC as part of HAECO Americas integration; $3.5M represents total integration expenses for the quarter, not severance specifically. No employee count disclosed.
2026-08-31restructuringin_progress2026-05-31Not specifiedLegacy Commercial Programsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Exit announced in Q4 fiscal 2026; wind-down expected to take three to four years as contracts are terminated and rotable assets sold. Full impairment of $16.4M segment goodwill expected in a future period. No employee count or severance disclosed.
2026-08-31acquisition_additionannounced2026-09-28GlobalAircraft MRO servicesUSD 7 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire 65% interest in MRO Holdings for approximately $3.0 billion; expected to close in Q3 fiscal 2027. $7.3M transaction costs expensed in Q1 fiscal 2027. No headcount added disclosed.
2026-08-31restructuringin_progressUnited StatesRepair, Engineering, and SoftwareUSD 4 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration activities including consolidation of facility footprint, closing Indianapolis airframe maintenance facility and relocating operations to Greensboro, NC.
2026-08-31restructuringin_progressUnited StatesParts SupplyUSD 0 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration activities expenses incurred during the quarter.
2026-08-31restructuringin_progressUnited StatesRepair, Engineering, and SoftwareUSD 1 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration activities including facility closure costs, product line exits, severance, retention, and other related costs. Integration completed in fiscal 2026.
2026-08-31plant_closurein_progressUnited StatesLegacy Commercial ProgramsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Announced intention to exit Legacy Commercial Programs business; wind-down expected to take three to four years as contracts are terminated and rotable assets sold.
2026-05-31restructuringannouncedLegacy Commercial ProgramsUSD 5 (millions)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Announced in Q4 fiscal 2026 the intention to exit the asset-heavy flight hour component pool/repair programs and consumables/expendables distribution business; wind-down expected over approximately three to four years as customer contracts terminate and rotable assets are sold. No affected headcount disclosed. A $4.9 million fiscal 2026 inventory reserve (Item 7 MD&A and inventory note) was recognized in conjunction with the decision to exit the consumables and expendables product line. Segment carries $16.4 million of assigned goodwill expected to be fully impaired as the wind-down progresses.
2026-05-31plant_closurein_progressUnited States (Indianapolis, Indiana; operations relocating to Greensboro, North Carolina)Repair, Engineering, and Software — Airframe MROUSD 11 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Facility consolidation following the November 3, 2025 HAECO Americas acquisition: closing the Indianapolis airframe maintenance facility and relocating the majority of those operations to the Greensboro, North Carolina facility. Integration activity expenses of $11.1 million incurred during fiscal 2026. Employee counts not disclosed.
2026-05-31plant_closurein_progressUnited States (Garden City, New York)Repair, Engineering, and Software — Component MRO (Product Support)USD 3 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Leased component repair facility closed as part of the Product Support integration (acquisition completed March 1, 2024), with operations relocated to Product Support facilities; fiscal 2026 is the latest year of this multi-year program. Fiscal 2026 integration expenses of $2.5 million covering facility closure costs, severance, retention and related items; additionally recognized in fiscal 2026 a $1.1 million environmental remediation liability and a $0.5 million landlord dispute settlement liability related to the facility exit. Employee counts not disclosed.
2026-05-31acquisition_additioncompleted2025-08-11Repair, Engineering, and Softwarebusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired Aerostrat Corp., a long-range heavy maintenance planning software provider, for $19.0 million net of cash acquired (base price $15.0 million plus $4.0 million estimated fair value of contingent consideration). Acquired employee headcount not disclosed.
2026-05-31acquisition_additioncompleted2025-09-25Parts Supplybusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired American Distributors Holding Co., LLC, a distributor of electronic components and assemblies to aerospace and defense OEMs, for an initial purchase price of $137.1 million (reduced by $0.6 million after post-closing adjustments resolved in Q3 fiscal 2026). Acquired employee headcount not disclosed; contributed $115.3 million of fiscal 2026 Distribution sales.
2026-05-31acquisition_additioncompleted2025-11-03United States (Greensboro, North Carolina; Lake City, Florida)Repair, Engineering, and Softwarebusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired HAECO Americas, LLC and HAECO Airframe Services, LLC, heavy aircraft MRO providers, for $78.0 million; preliminary fair value of identifiable net assets exceeded the purchase price, producing a $29.5 million bargain purchase gain. Acquired employee headcount not disclosed; contributed $131.1 million of fiscal 2026 sales.
2026-05-31acquisition_additioncompleted2026-04-24Repair, Engineering, and Softwarebusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired Aircraft Reconfig Technologies, an aircraft interiors engineering company adding FAA Organization Designation Authority (supplemental type certificates and PMA issuance without third parties), for $36.0 million net of cash acquired. Acquired employee headcount not disclosed.
2026-05-31acquisition_additioncompleted2025-08-11United StatesRepair, Engineering, and SoftwareUSD 19 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Aerostrat Corp. acquired 2025-08-11 for $15.0M base price plus up to $5.0M contingent consideration ($19.0M purchase price incl. $4.0M contingent fair value). Headcount added not disclosed; $0.5M transaction costs expensed.
2026-05-31acquisition_additioncompleted2025-09-25United StatesParts SupplyUSD 137 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
American Distributors Holding Co., LLC acquired 2025-09-25; aerospace/defense electronic components distributor. Headcount added not disclosed; $4.1M transaction costs and $0.3M integration costs expensed in fiscal 2026.
2026-05-31acquisition_additioncompleted2025-11-03United StatesRepair, Engineering, and SoftwareUSD 78 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
HAECO Americas acquired 2025-11-03; heavy aircraft MRO provider with hangars in Greensboro, NC and Lake City, FL. Headcount added not disclosed; $3.3M transaction costs and $11.1M integration costs expensed in fiscal 2026; $29.5M bargain purchase gain recognized.
2026-05-31acquisition_additioncompleted2026-04-24United StatesRepair, Engineering, and SoftwareUSD 36 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Aircraft Reconfig Technologies acquired 2026-04-24; aircraft interiors engineering firm adding FAA ODA capability. Headcount added not disclosed; $1.1M transaction costs expensed.
2026-05-31plant_closurein_progressUnited StatesRepair, Engineering, and SoftwareUSD 11 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Indianapolis, Indiana airframe maintenance facility being closed with majority of operations relocated to Greensboro, North Carolina as part of post-HAECO footprint consolidation. Employees affected not disclosed; $11.1M of fiscal 2026 integration expenses include this activity.
2026-05-31otherannouncedUnited StatesLegacy Commercial ProgramsUSD 5 (millions)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
In Q4 fiscal 2026 the company announced its intention to exit the Legacy Commercial Programs segment (asset-heavy flight-hour pool programs and consumables/expendables distribution), citing significant asset pools and failure to meet capital return thresholds. Wind-down expected to take approximately three to four years as contracts are terminated and rotable assets sold; no employee count or severance disclosed. A $4.9M inventory reserve was recognized in fiscal 2026 for the consumables and expendables product line exit. Related: $16.4M of goodwill assigned to the segment is expected to be fully impaired over the wind-down period.
2026-02-28restructuringcompleted60USD 1 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Restructuring plan executed in Q1 fiscal 2026 to streamline operations and reduce costs; approximately 60 positions eliminated with severance charges of $1.0 million.
2026-02-28acquisition_additioncompleted2025-09-25Parts SupplyUSD 137 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of American Distributors Holding Co. (ADI), distributor of electronic components; headcount added not disclosed.
2026-02-28acquisition_additioncompleted2025-11-03North Carolina; FloridaRepair & EngineeringUSD 78 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of HAECO Americas airframe MRO business (Greensboro, NC and Lake City, FL hangars); headcount added not disclosed.
2026-02-28acquisition_additioncompleted2025-08-11Integrated SolutionsUSD 20 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of Aerostrat maintenance planning software company; headcount added not disclosed.
2026-02-28plant_closurein_progressIndianapolis, IndianaRepair & EngineeringUSD 7 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Closing Indianapolis airframe maintenance facility and relocating majority of operations to Greensboro, NC; integration expenses of $5.9 million in Q3 and $6.7 million for nine months ended February 28, 2026; headcount affected not disclosed.
2026-02-28plant_closurein_progress2026-05-31Garden City, New YorkRepair & EngineeringUSD 2 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Closing Garden City, NY component repair facility and relocating operations to Product Support facilities; transition expected complete in fiscal 2026; integration expenses of $0.5 million in Q3 and $2.4 million for nine months ended February 28, 2026; headcount affected not disclosed.
2026-02-28restructuringcompleted60USD 1 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 60 positions eliminated to streamline operations and reduce costs; executed in Q1 FY2026 (before the quarter covered by this filing). No announcement date, geography, or segment breakdown disclosed.
2026-02-28plant_closurein_progress2025-11-03United States — Indianapolis, IndianaRepair & Engineeringbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Integration of HAECO Americas includes closing the Indianapolis airframe maintenance facility and relocating most operations to Greensboro, NC. Headcount affected not disclosed; HAECO integration expenses were $5.9M in Q3 FY2026 and $6.7M YTD FY2026.
2026-02-28plant_closurein_progress2024-03-012026-05-31United States — Garden City, New YorkRepair & Engineeringbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Component repair facility closure with relocation to other Product Support facilities; transition expected to complete in fiscal 2026. Headcount affected not disclosed; Product Support integration expenses were $0.5M in Q3 FY2026 and $2.4M YTD FY2026.
2026-02-28acquisition_additioncompleted2025-11-03United States — Greensboro, NC and Lake City, FLRepair & Engineeringbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired HAECO Americas for $78.0 million; contributed $55.2 million of sales in Q3 FY2026. Employee headcount added not disclosed.
2026-02-28acquisition_additioncompleted2025-09-25United StatesParts Supplybusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired American Distributors Holding Co. for a final purchase price of $137.1 million; contributed $26.3 million of sales in Q3 FY2026. Employee headcount added not disclosed.
2026-02-28acquisition_additioncompleted2025-08-11Integrated Solutionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired Aerostrat Corp. for $15.0 million base price plus up to $5.0 million contingent consideration. Employee headcount added not disclosed.
2026-02-28acquisition_additionannounced2025-12-172026-05-31Repair & Engineeringbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Aircraft Reconfig Technologies for $35 million; expected to close in Q4 FY2026 subject to regulatory approvals. Employee headcount not disclosed.
2026-02-28restructuringcompleted602025-12-01USD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Executed restructuring plan to streamline operations and reduce costs; eliminated approximately 60 positions.
2025-11-30restructuringcompleted602025-06-01Company-wideUSD 1 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Restructuring plan executed in Q1 fiscal 2026 to streamline operations and reduce costs; approximately 60 positions eliminated with severance charges of $1.0 million.
2025-11-30plant_closurein_progress2025-11-032027-05-31Indianapolis, IndianaRepair & Engineering — Airframe MROUSD 7 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Facility footprint consolidation following HAECO Americas acquisition: Indianapolis airframe maintenance facility to close and majority of operations to relocate to Greensboro, North Carolina. Expected costs of approximately $7.0 million primarily for severance and retention; transition expected complete in fiscal 2027. Integration expenses of $0.8 million incurred in the quarter.
2025-11-30plant_closurein_progress2024-03-012026-05-31Garden City, New YorkRepair & Engineering — Component ServicesUSD 1 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Component repair facility closure with operations relocating to Product Support facilities; includes facility closure costs, product line exits, severance, and retention. Integration expenses of $0.9 million in the quarter and $1.9 million year-to-date; transition expected complete in fiscal 2026.
2025-11-30acquisition_additioncompleted2025-11-03Greensboro, North Carolina; Lake City, FloridaRepair & EngineeringUSD 77 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of HAECO Americas (heavy aircraft MRO and modification services) for $76.5 million; headcount added not disclosed.
2025-11-30acquisition_additioncompleted2025-09-25Parts SupplyUSD 138 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of American Distributors Holding Co. (electronic components distributor) for $137.7 million; headcount added not disclosed.
2025-11-30acquisition_additioncompleted2025-08-11Integrated SolutionsUSD 20 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of Aerostrat Corp. (maintenance planning software) for $15.0 million base price plus contingent consideration up to $5.0 million; purchase price net of cash acquired $20.1 million; headcount added not disclosed.
2025-11-30restructuringcompleted60Corporate-wideUSD 1 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 60 positions eliminated during fiscal Q1 2026 (2025-06-01 to 2025-08-31); filing discloses only quarter-level timing, so announcement date not stated to day precision.
2025-11-30acquisition_additioncompleted2025-11-03Greensboro, North Carolina; Lake City, FloridaRepair & Engineeringbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Heavy MRO and modification services business acquired; no employee headcount disclosed for the acquired workforce. $3.0 million transaction costs expensed.
2025-11-30acquisition_additioncompleted2025-09-25Parts Supplybusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Electronic components distributor acquired; no employee headcount disclosed. $4.0 million transaction costs expensed.
2025-11-30acquisition_additioncompleted2025-08-11Integrated Solutionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Maintenance planning software provider acquired; no employee headcount disclosed. $0.5 million transaction costs expensed.
2025-11-30plant_closurein_progress2027-05-31Indianapolis, IndianaRepair & Engineering (airframe maintenance)USD 7 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Operations relocating to acquired Greensboro, NC facility; expected ~$7.0 million in facility closure costs, primarily severance and retention. $0.8 million incurred in Q2 FY2026. Headcount affected not disclosed.
2025-11-30plant_closurein_progress2026-05-31Garden City, New YorkRepair & Engineering (component repair / Product Support)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Component repair facility closing with operations relocating to other Product Support sites, expected complete in fiscal 2026. Integration expenses (closure, product line exits, severance, retention) were $0.9 million in Q2 FY2026 and $1.9 million YTD; headcount affected not disclosed.
2025-11-30acquisition_additionannounced2025-12-172026-05-31Repair & Engineering (aircraft interiors engineering)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter agreement; closing expected in fiscal Q4 2026 subject to regulatory approvals. No headcount disclosed.
2025-11-30restructuringcompleted602025-06-01USD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring plan executed in Q1 FY2026 to streamline operations; 60 positions eliminated with $1.0M severance charge.
2025-11-30restructuringin_progress2025-11-032027-05-31United StatesRepair & EngineeringUSD 7 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidating facility footprint by closing Indianapolis facility and relocating to Greensboro. Expected $7.0M in closure costs primarily for severance and retention.
2025-08-31restructuringcompleted60USD 1 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
First-quarter fiscal 2026 restructuring plan to streamline operations and reduce costs; approximately 60 positions eliminated with severance charges of $1.0 million recognized in the quarter.
2025-08-31restructuringin_progress60USD 1 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 60 positions eliminated under a restructuring plan executed during the quarter to streamline operations and reduce costs; announcement date, geography and function not disclosed. Count is approximate as stated by the filer.
2025-08-31plant_closurein_progress2026-05-31Garden City, New York, United StatesRepair & Engineering (Product Support integration)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Component repair facility being closed with operations relocated to Product Support facilities; transition expected to complete in fiscal 2026. Integration expenses of $1.0M (facility closure, product line exits, severance, retention) were recognized in the quarter but may overlap with the restructuring severance charge above, so no separate charge is attributed here. Employees affected not disclosed.
2025-08-31acquisition_additioncompleted2025-08-11Integrated Solutionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Aerostrat Corp. closed 2025-08-11 for $15.0M base price plus up to $5.0M contingent consideration; headcount added not disclosed. $0.5M of transaction costs expensed as incurred.
2025-08-31restructuringcompleted602025-06-01USD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring plan to streamline operations and reduce costs; eliminated approximately 60 positions with $1.0 million severance charges.
2025-05-31plant_closurein_progressGarden City, New York, United StatesRepair & Engineering — Component Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Component repair facility closure as part of Product Support integration footprint consolidation; operations transitioning to other Product Support/component repair facilities, with transition expected to be completed in fiscal 2026. MD&A cites shutdown inefficiencies as a driver of lower government gross margin in fiscal 2025. Integration expenses including facility closure costs, severance, retention and related costs were $7.5 million in fiscal 2025; affected headcount not disclosed.
2025-05-31divestiture_reductioncompleted2024-12-19Repair & Engineering — Landing Gear Overhaul (LGO) businessUSD 71 (millions)other
f5-10k / GLM-5.3-flash-HTML
Sale of LGO business to GA Telesis agreed December 19, 2024; sale closed in the fourth quarter of fiscal 2025 with net proceeds of $48.0 million. Total loss on divestiture of $71.1 million, including a $63.0 million pre-tax impairment charge to write assets down to fair value and goodwill of $14.6 million, plus $6.6 million of additional loss from purchase price adjustments. Affected employee headcount not disclosed.
2025-05-31divestiture_reductioncompleted2024-12-19Repair & Engineering (Landing Gear Overhaul)USD 71 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale to GA Telesis closed in Q4 fiscal 2025 for net proceeds of $48.0 million; charge is the total loss on divestiture (including a $63.0 million non-cash impairment with $14.6 million goodwill and $6.6 million of purchase price adjustments), not severance. Headcount not disclosed; facility location not specified in filing.
2025-05-31plant_closurein_progress2026-05-31Garden City, New York, United StatesRepair & Engineering (Component Services)USD 8 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Component repair facility closure part of post-acquisition footprint consolidation, with operations relocating to Product Support facilities; transition expected to complete in fiscal 2026. Charge is total fiscal 2025 integration expense (facility closure, severance, retention, other), not attributable solely to this site. Employees affected not disclosed.
2025-05-31divestiture_reductioncompletedIndiaRepair & Engineering (airframe maintenance joint venture)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Exited 40% joint venture operating an airframe maintenance facility during fiscal 2025 via Share Purchase Agreement; recognized a $2.1 million gain (not a charge) and de-recognized a $9.4 million debt guarantee. Employees affected not disclosed.
2025-05-31restructuringcompleted652024-06-012025-05-31United StatesRepair & EngineeringUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Severance costs of $0.5 million incurred in fiscal 2024 at former Landing Gear Overhaul facility impacting approximately 65 employees. All payments completed in fiscal 2024.
2025-05-31restructuringin_progress65Employee Severance [Member]restructuring_footnote
f5-10k / no-ai-xblr
2025-02-28plant_closurein_progress2026-06-30Garden City, New YorkRepair & Engineering — component repairUSD 6 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Component repair facility closure with operations relocated to Product Support facilities; integration costs of $5.6 million in the nine months ended February 28, 2025 ($1.8 million in the quarter) covering facility closure costs, severance, retention and other costs. Transition expected complete in early fiscal 2026.
2025-02-28divestiture_reductionannounced2024-12-192025-05-31Repair & Engineering — Landing Gear OverhaulUSD 63 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement to divest LGO business to GA Telesis for $51 million; sale expected to close in Q4 fiscal 2025. Non-cash pre-tax impairment charge of $63.0 million recognized in Q3 fiscal 2025; no headcount figure disclosed.
2025-02-28plant_closurein_progress2025-08-31Garden City, New York, United StatesRepair & Engineering — component repairrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Facility closure and relocation of operations to Product Support sites as part of ongoing integration; transition expected complete in early fiscal 2026. Integration expenses of $5.6M recognized YTD (severance, retention, facility closure costs) but no employee count or severance-specific allocation disclosed.
2025-02-28divestiture_reductionannounced2024-12-192025-05-31United StatesRepair & Engineering — Landing Gear Overhaul (LGO)USD 63 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of LGO business to GA Telesis for $51M; assets and liabilities reclassified to held for sale in Q3 FY2025. Non-cash pre-tax impairment of $63.0M recognized. Expected close in Q4 FY2025 subject to closing conditions. No employee count disclosed.
2025-02-28restructuringin_progress2026-03-31Garden City, New YorkRepair & EngineeringUSD 6 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration expenses including facility closure costs, severance, retention and other costs related to closing Garden City facility and relocating operations. Completion expected early fiscal 2026.
2025-02-28plant_closurein_progressUnited StatesRepair & EngineeringUSD 63 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Non-cash impairment charge to adjust carrying value of LGO assets to estimated fair value in connection with divestiture agreement. Sale expected to close in Q4 FY2025.
2024-11-30plant_closurein_progress2026-05-31Garden City, New York, United StatesRepair & EngineeringUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Integration of Product Support acquisition includes closing the Garden City component repair facility and relocating operations; $3.8M integration expenses recognized in six months ended Nov 30, 2024, including facility closure, severance, retention and other costs. No employee count disclosed.
2024-11-30divestiture_reductionannounced2024-12-192025-03-31United StatesRepair & Engineering (Landing Gear Overhaul)USD 60 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to divest Landing Gear Overhaul business to GA Telesis for $51M; expected non-cash pre-tax loss of approximately $60M in Q3 FY2025. No employee count disclosed.
2024-11-30acquisition_additioncompleted2024-03-012024-03-01GlobalRepair & Engineeringbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Triumph Group's Product Support business completed March 1, 2024 for $725.0M initial purchase price. No headcount added disclosed in this filing.
2024-11-30restructuringin_progress2026-05-31Garden City, New YorkRepair & EngineeringUSD 4 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration expenses including facility closure costs, severance, retention and other costs related to closing Garden City facility and relocating operations to Product Support facilities. Employee count not disclosed.
2024-11-30divestiture_reductionannounced2024-12-192025-03-31Repair & EngineeringUSD 60 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to divest Landing Gear Overhaul business to GA Telesis. Pre-tax loss of approx $60M expected. Employee count not disclosed.
2024-08-31plant_closurein_progress2026-05-31United States (Garden City, New York)Repair & EngineeringUSD 2 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Component repair facility closure and relocation of operations to Product Support facilities as part of Triumph Product Support integration; $1.5M recognized in Q1 FY2025 for integration expenses including facility closure costs, severance and other costs. No employee count disclosed; transition expected complete in fiscal 2026.
2024-08-31restructuringin_progress2026-05-31Garden City, New YorkRepair & EngineeringUSD 2 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration of Triumph Group Product Support acquisition includes closing Garden City facility and relocating operations. $1.5M integration expenses recognized including facility closure and severance costs.
2024-05-31acquisition_additioncompleted2024-03-01GlobalRepair & Engineeringbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of Triumph Group, Inc.'s Product Support business completed 2024-03-01 for a purchase price of $725.0 million; resulting headcount is folded into the fiscal year-end total of ~5,700 but is not separately quantified in the filing.
2024-05-31restructuringcompleted652024-05-31Miami, Florida, United StatesRepair & Engineering — landing gear overhaul facilityUSD 1 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Severance to align landing gear workforce with current production requirements, affecting approximately 65 employees; lump-sum payments based on years of service, all completed within fiscal 2024 (hence completion date set to fiscal year-end).
2024-05-31plant_closurein_progress2026-05-31Garden City, New York, United StatesRepair & Engineering — component repair facilityUSD 1 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Facility footprint consolidation in conjunction with the Product Support acquisition; operations relocating to certain Product Support facilities; $0.5 million of facility closure costs including severance and other related costs recognized in fiscal 2024; transition of operations expected complete in fiscal 2026 (ending 2026-05-31).
2024-05-31restructuringcompleted65United StatesRepair & Engineering — landing gear overhaul facility (Miami, Florida)USD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance incurred in fiscal 2024 to align the workforce with current production requirements; all lump-sum payments completed in fiscal 2024.
2024-05-31plant_closurein_progress2026-05-31United StatesRepair & Engineering — Garden City, New York component repair facilityUSD 1 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Facility closure costs including severance recognized in fiscal 2024 as part of consolidating the footprint after the Product Support acquisition; operations transitioning to other component repair facilities through fiscal 2026. Headcount affected not disclosed. Note 1 separately reports $0.5 million of severance at the landing gear facility.
2024-05-31acquisition_additioncompleted2024-03-012024-03-01Global (commercial and defense markets; Asia-Pacific footprint expansion)Repair & Engineeringbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase price $725.0 million; headcount added not disclosed. Acquired business represented 3.1% of total sales and 28.2% of total assets as of May 31, 2024 and was excluded from management's ICFR assessment.
2024-05-31restructuringcompleted652024-05-312024-05-31United StatesRepair & EngineeringUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Severance costs at landing gear overhaul facility to align workforce with production requirements.
2024-05-31plant_closurein_progress2024-05-312026-05-31United StatesRepair & EngineeringUSD 1 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closing Garden City, NY component repair facility; operations relocating to Product Support facilities. Transition expected to complete in fiscal 2026.
2024-05-31restructuringin_progress65Employee Severance [Member]restructuring_footnote
f5-10k / no-ai-xblr
2024-02-29acquisition_additioncompleted2024-03-012024-03-01Repair & EngineeringUSD 725 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition completed March 1, 2024 (subsequent to quarter end); purchase price $725.0 million funded with debt. No employee headcount figures disclosed.
2024-02-29acquisition_additioncompleted2023-12-212024-03-01GlobalRepair & EngineeringUSD 9 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Triumph Group Product Support Business acquired for $725.0M; headcount added not disclosed. $9.4M transaction costs expensed in SG&A.
2023-05-31acquisition_additioncompleted1002023-03-20United StatesAviation Services (Trax USA Corp. — MRO and fleet management software)USD 120 (millions)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Approximately 100 U.S. employees added through the Trax USA Corp. acquisition completed March 20, 2023 (headcount disclosed in Item 1; acquisition terms in Note 15). Associated charge is the cash purchase price of $120.0 million plus up to a $20.0 million revenue-based earn-out; not a severance or restructuring charge.
2023-05-31acquisition_additioncompleted1002023-03-202023-03-20United StatesAviation Services (Integrated Solutions / software)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Trax USA Corp. on March 20, 2023 for $120.0 million cash plus up to $20.0 million contingent consideration; approximately 100 U.S. employees added, per Item 1 Human Capital Resources. No workforce-specific charge disclosed.
2023-05-31acquisition_additioncompleted1002023-03-202023-03-20United StatesAviation ServicesItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Trax USA Corp. in Q4 fiscal 2023 added approximately 100 U.S. employees.
2023-02-28acquisition_additionannounced2023-03-20Aviation ServicesUSD 120 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquired Trax USA Corp. for $120 million plus up to $20 million contingent consideration. Headcount not disclosed.
2022-05-31plant_closurein_progressMalaysiaAviation Services — landing gear wheel and brake repair and overhaul joint ventureUSD 1 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During fiscal 2022 the Company decided to pursue a shutdown of the 49%-owned Malaysian joint venture facility, recognizing $0.7 million of additional impairment and related shutdown costs. No employee-impact count or completion date is disclosed.
2022-02-28restructuringcompletedUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Incurred severance and furlough-related costs of $8.3 million during the nine-month period ended Feb 28, 2021. No specific employee count disclosed.
2021-11-30restructuringcompletedUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and furlough-related costs incurred during the six-month period ended November 30, 2020. No specific employee count disclosed.
2021-08-31restructuringcompletedUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Filing discloses $6.0 million in severance and furlough-related costs incurred in the three-month period ended August 31, 2020. No employee count is provided. This is a prior-year comparative disclosure included in the current 10-Q.
2021-05-31restructuringcompletedUSD 9 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Severance and furlough-related costs incurred in fiscal 2021 as part of COVID-19 cost-alignment actions; recorded in Cost of sales and SG&A; affected headcount not disclosed.
2021-05-31plant_closurecompletedExpeditionary ServicesUSD 3 (millions)other
f5-10k / GLM-5.3-flash-HTML
Consolidation of manufacturing facilities with impairment and related charges of $2.6 million recognized in fiscal 2021; workforce impact not quantified.
2021-05-31divestiture_reductioncompleted2020-08-31United States (Clearwater, FL; Sacramento, CA)Expeditionary Services — Composites businessUSD 20 (millions)other
f5-10k / GLM-5.3-flash-HTML
Sale of aerostructures and aerospace products operations completed August 31, 2020 (first quarter of fiscal 2021); $20.2 million loss on sale; affected headcount not disclosed.
2021-05-31divestiture_reductioncompleted2020-08-312020-08-31United States (Clearwater, Florida; Sacramento, California)Expeditionary ServicesUSD 20 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of aerostructures and aerospace products operations completed 2020-08-31; loss on sale of $20.2M. Headcount transferred not disclosed. Announcement date not separately disclosed; completion date used.
2021-05-31restructuringcompleted2021-05-31United States and internationalCompany-wide (facility consolidations, contract exits/restructurings, discretionary spending reductions)USD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance and furlough-related costs incurred during fiscal 2021 in response to COVID-19 demand decline; employees affected not disclosed. Amounts recorded in cost of sales and SG&A.
2021-05-31plant_closurecompleted2021-05-31United StatesExpeditionary ServicesUSD 3 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Consolidation of Expeditionary Services manufacturing facilities with $2.6M of impairment and related charges in fiscal 2021; employees affected not disclosed.
2021-05-31restructuringcompleted2020-04-012020-11-16GlobalAll segmentsUSD 9 (millions)Item 1A. Risk Factors
f5-10k / Qwen3.6-27B-Q8_0
Furloughed significant portion of skilled workforce beginning April 2020; employees terminated or brought back by November 16, 2020. $9.0 million in severance and furlough-related costs incurred in fiscal 2021.
2021-05-31divestiture_reductioncompleted2020-08-312020-08-31United StatesExpeditionary ServicesUSD 20 (millions)Item 1. Business
f5-10k / Qwen3.6-27B-Q8_0
Sale of composites manufacturing business completed in early fiscal 2021 (August 31, 2020). Resulted in a charge of $20.2 million.
2021-02-28restructuringin_progressUSD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance and furlough-related costs of $8.3 million incurred in the nine months ended February 28, 2021, recorded in Cost of sales and SG&A; remaining severance liability of $1.4 million in Accrued liabilities. No employee counts disclosed.
2021-02-28plant_closurecompletedAviation ServicesMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
In response to COVID-19, the company implemented cost actions including a hiring freeze, furloughs, a reduction in force, and closure of an airframe maintenance facility; no headcount figures or dates disclosed.
2021-02-28restructuringin_progressUSD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine-month severance and furlough-related costs; no employee count disclosed. Severance liability of $1.4M unpaid at 2021-02-28, in Accrued liabilities.
2021-02-28plant_closurecompletedAviation Services — airframe maintenanceMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One airframe maintenance facility closed among COVID-19 cost actions (hiring freeze, furloughs, reduction in force); no counts or dates disclosed.
2021-02-28divestiture_reductioncompleted2020-08-31United StatesExpeditionary Services — Composites (Clearwater, FL and Sacramento, CA)USD 20 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Loss on sale of $19.5M; headcount removed through the divestiture not disclosed.
2021-02-28restructuringin_progressUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Incurred severance and furlough-related costs of $8.3 million during the nine-month period ended Feb 28, 2021. Liability for severance costs was $1.4 million as of Feb 28, 2021.
2021-02-28plant_closurecompletedAviation ServicesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closure of an airframe maintenance facility implemented in response to COVID-19 impact.
2021-02-28restructuringin_progressCost Of Sales And Services And Selling General And Administrative Expenses [Member]USD 8,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-11-30restructuringin_progressUSD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance and furlough-related costs of $8.2 million incurred in the six months ended November 30, 2020, recorded in Cost of sales and SG&A; no employee counts disclosed. Unpaid severance liability of $3.9 million at quarter-end.
2020-11-30plant_closurecompletedAviation Services (airframe MRO)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
In response to COVID-19, the company implemented cost actions including closure of an airframe maintenance facility, furloughs, and a reduction in force; no headcount figures disclosed.
2020-11-30divestiture_reductioncompleted2020-08-312020-08-31United States (Clearwater, FL; Sacramento, CA)Expeditionary Services (Composites)USD 20 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Composites business completed August 31, 2020 with a $19.5 million loss on sale; no employee headcount transferred disclosed.
2020-11-30restructuringin_progressGlobalCompany-wideUSD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six-month severance and furlough-related costs; includes reduction in force, furloughs, and compensation/benefit reductions in response to COVID-19. Severance liability of $3.9M unpaid at quarter-end. No employee counts disclosed.
2020-11-30plant_closurecompletedUnited StatesAviation Services (airframe maintenance)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closure of an airframe maintenance facility as part of COVID-19 cost actions; no headcount or charge attributed to the closure.
2020-11-30divestiture_reductioncompleted2020-08-312020-08-31United StatesExpeditionary Services (Composites — Clearwater, FL and Sacramento, CA)USD 20 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of aerostructures and aerospace products operations; $19.5M loss on sale. No headcount transferred disclosed.
2020-11-30restructuringin_progressUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Incurred severance and furlough-related costs of $8.2 million during the six-month period ended Nov 30, 2020. Liability for severance costs was $3.9 million as of Nov 30, 2020. Employee count not disclosed.
2020-11-30plant_closurecompletedAviation ServicesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closure of an airframe maintenance facility mentioned as part of actions to reduce fixed costs. No specific charge or employee count disclosed for this specific closure in this filing.
2020-11-30restructuringin_progressCost Of Sales And Services And Selling General And Administrative Expenses [Member]USD 8,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-08-31reduction_in_forcein_progressUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance and furlough-related costs of $6.0 million incurred in the quarter, recorded in Cost of sales and SG&A; cumulative unpaid severance liability of $7.3 million at quarter-end. Employee count not disclosed.
2020-08-31plant_closurecompletedAviation Services (airframe MRO)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Company closed an airframe maintenance facility as part of COVID-19 cost-reduction actions; headcount impact not quantified.
2020-08-31divestiture_reductioncompleted2020-08-312020-08-31United States (Clearwater, FL; Sacramento, CA)Expeditionary Services (Composites)USD 20 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of aerostructures/aerospace products operations completed August 31, 2020; loss on sale of $19.5 million. Headcount removed not disclosed.
2020-08-31otherannouncedMalaysiaLanding gear wheel and brake joint ventureMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Company decided to exit its joint venture investment in a Malaysian landing gear wheel and brake facility; workforce impact not quantified.
2020-08-31restructuringin_progressNot specifiedConsolidated (multiple functions)USD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and furlough-related costs incurred in Q1 FY2021; severance liability of $7.3M at quarter-end. Employee count not disclosed.
2020-08-31plant_closurein_progressNot specifiedAviation Services (airframe maintenance)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closure of an airframe maintenance facility as part of COVID-19 cost actions; headcount impact not quantified.
2020-08-31divestiture_reductioncompleted2020-08-31United States (Clearwater, FL and Sacramento, CA)Expeditionary Services (Composites / aerostructures)USD 20 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Composites business completed 2020-08-31 with a $19.5M loss on sale; associated headcount removed not disclosed.
2020-08-31otherannouncedMalaysiaLanding gear wheel and brake joint ventureMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Decision to exit joint venture investment in a Malaysian landing gear facility; workforce implications not quantified.
2020-08-31otherin_progressNot specifiedConsolidatedMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
COVID-19 response actions included hiring freeze, compensation reductions, furloughs, reduction in force, and exit of underperforming contracts; no counts disclosed.
2020-08-31restructuringin_progress2020-08-31GlobalCorporate and OperationsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Incurred severance and furlough-related costs of $6.0 million. Liability for severance costs was $7.3 million as of August 31, 2020. Employee count not disclosed.
2020-08-31plant_closurecompleted2020-08-31United StatesAviation ServicesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closure of an airframe maintenance facility mentioned as part of actions to reduce fixed costs. Employee count not disclosed.
2020-08-31restructuringin_progressCost Of Sales And Services And Selling General And Administrative Expenses [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-05-31layoffin_progress1,2002020-03Company-wideUSD 5 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
COVID-19 response implemented from March 2020: hiring freeze, furloughs, a reduction in force, and elimination of certain employee and contractor positions. About 1,200 employees remained on furlough at May 31, 2020; the reduction-in-force size is not separately disclosed. Fiscal 2020 severance and furlough costs of $5.0 million per MD&A; Note 1 reports $7.1 million of total severance and furlough-related costs, with a $5.5 million liability remaining at year-end.
2020-05-31plant_closureannouncedDuluth, Minnesota, United StatesAviation Services — airframe maintenance (MRO)USD 4 (millions)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Decision announced in the fourth quarter of fiscal 2020 (March–May 2020) to close the Duluth airframe maintenance hangar, which served a single customer and was inconvenient for customer route networks. Pretax closure costs of $4.3 million recognized in the quarter, primarily severance and asset impairment charges. Also listed among COVID-19 cost-reduction actions; a fiscal 2020 footnote references closure of two facilities. Affected headcount not disclosed.
2020-05-31plant_closurecompletedExpeditionary Services — mobility productsUSD 3 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
During fiscal 2020, mobility products operations were consolidated into one core facility and certain product lines were exited as part of the consolidation; $2.8 million of facility closure costs and impairment charges recognized. Affected headcount not disclosed.
2020-05-31divestiture_reductionannouncedMalaysiaAviation Services — landing gear wheel and brake overhaul (49%-owned joint venture)USD 2 (millions)other
f5-10k / GLM-5.3-flash-HTML
Decision in the fourth quarter of fiscal 2020 to exit the joint venture operating a landing gear wheel and brake repair and overhaul facility in Malaysia; $1.9 million impairment recognized on the investment reflecting anticipated net proceeds. No employee headcount impact disclosed; the 49%-owned joint venture is not consolidated.
2020-05-31divestiture_reductionannounced2020-06-23Clearwater, Florida and Sacramento, California, United StatesExpeditionary Services — Composites (aerostructures and aerospace products)USD 20 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Definitive asset purchase agreement signed June 23, 2020 (after fiscal year-end) to sell the Composites business, consistent with the strategy to focus on core services; closing expected in the third quarter of calendar 2020. Anticipated impairment charge of approximately $20 million in the first quarter of fiscal 2021 reduces net assets to estimated net proceeds (cash at closing plus fair value of contingent consideration). Affected headcount not disclosed.
2020-05-31restructuringin_progress2020-03GlobalCompany-wideUSD 7 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
COVID-19 mitigation actions begun in Q4 FY2020: hiring freeze, non-essential spend cuts, reduced compensation and benefits, furloughs, reduction in force, and exit of underperforming contracts. FY2020 severance and furlough-related costs of $7.1M with $5.5M liability remaining at year end; Item 6 note 2 cites $5.0M of severance and furlough costs for these actions. Approximately 1,200 employees remained on furlough at 2020-05-31; no RIF headcount disclosed.
2020-05-31plant_closurein_progressUnited States (Duluth, Minnesota)Aviation Services — airframe maintenanceUSD 4 (millions)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Decision announced in Q4 FY2020 to close the Duluth airframe maintenance hangar, which supported a single customer; $4.3M pretax closure costs recognized in Q4, primarily severance and asset impairment. Exact announcement and completion dates not disclosed.
2020-05-31plant_closurecompletedUnited StatesExpeditionary Services — mobility productsUSD 3 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Mobility products operations consolidated into one core facility during FY2020, with certain product lines exited as part of the consolidation; $2.8M of facility closure costs and impairment charges recognized. No headcount disclosed.
2020-05-31divestiture_reductionin_progressMalaysiaAviation Services — landing gear wheel and brake joint ventureUSD 2 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Decision in Q4 FY2020 to exit the Malaysian landing gear wheel and brake repair and overhaul joint venture; $1.9M impairment recognized reflecting anticipated net proceeds. No headcount disclosed.
2020-05-31restructuringcompletedGlobalAviation Services and Expeditionary Services — selected product linesUSD 11 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Exit of certain product lines across operations recognized as $11.0M of impairment charges in FY2020 (MD&A attributes $6.9M to Aviation Services); no headcount impact disclosed.
2020-05-31divestiture_reductioncompletedUnited StatesExpeditionary Services — Contractor-Owned, Contractor-Operated (COCO) businessUSD 12 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
COCO exit completed in FY2020: DoD contracts and related assets sold in Q2 FY2020 and the remaining operating contract sold in Q4 FY2020; $11.8M impairment on remaining COCO assets. No headcount disclosed.
2020-05-31divestiture_reductionannounced2020-06-232020-09-30United States (Clearwater, Florida; Sacramento, California)Expeditionary Services — Composites (aerostructures and aerospace products)USD 20 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent event after 2020-05-31: asset purchase agreement signed to sell the Composites business, expected to close in calendar Q3 2020; approximately $20M impairment charge expected in Q1 FY2021. No headcount disclosed.
2020-05-31restructuringcompleted2020-03-01GlobalAviation ServicesUSD 5 (millions)Item 1. Business
f5-10k / Qwen3.6-27B-Q8_0
Actions to reduce fixed costs and overhead in response to COVID-19, including furloughs and reduction in force. Recognized severance and furlough costs of $5.0 million.
2020-05-31plant_closurecompleted2020-03-01Duluth, MinnesotaAviation ServicesUSD 4 (millions)Item 1. Business
f5-10k / Qwen3.6-27B-Q8_0
Closure of airframe maintenance facility in Duluth, Minnesota. Recognized pretax closure costs of $4.3 million primarily related to severance and asset impairment.
2020-05-31restructuringin_progressUSD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-02-29restructuringannouncedMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
In response to COVID-19, company announced fourth-quarter cost-reduction actions including facility consolidation, executive pay cuts, hiring freeze, furloughs, and workforce reductions; expected cost of $15 to $20 million with payback within one year. No employee count disclosed.
2020-02-29restructuringin_progressMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
COVID-19 response actions: executive compensation reduction, hiring freeze, cuts to non-essential spend, furloughs, workforce reductions, and facility consolidation. Estimated cost of $15 to $20 million targeted for the fourth quarter of fiscal 2020, with payback expected within one year. No employee counts or dates disclosed.
2020-02-29divestiture_reductioncompletedUnited StatesExpeditionary ServicesUSD 12 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the remaining COCO operating contract completed in the fourth quarter of fiscal 2020 after government approval; $11.8 million impairment on remaining COCO assets was recognized in the first quarter of fiscal 2020. No headcount associated with the divestiture was disclosed.
2020-02-29restructuringannounced2020-02-29GlobalCorporate / All SegmentsUSD 18 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Company announced actions to reduce fixed costs and overhead by consolidating facilities, reducing executive compensation, freezing hiring, and reducing workforce. Expected cost is $15-20 million.
2019-11-30restructuringin_progressUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Severance costs of $0.9 million recognized in Q2 FY2020.
2019-11-30restructuringin_progressUSD 2 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Severance costs of $1.7 million recognized in the six months ended Nov 30, 2019.
2019-08-31divestiture_reductionin_progress2019-12-31Expeditionary Services — AAR Airlift COCO businessUSD 12 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell the remaining COCO operating contract signed in fiscal 2020 Q1; $11.8M impairment on remaining COCO assets. Both sale agreements expected to close before end of calendar 2019. No employee count disclosed.
2019-08-31otherin_progressConsolidated — selling, general and administrativeUSD 1 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance costs of $0.8M cited as a driver of the $9.9M year-over-year increase in SG&A expense; no employee count, program name, or timing disclosed.
2019-08-31restructuringin_progressUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Severance costs of $0.8 million included in SG&A for the quarter ended August 31, 2019.
2019-05-31divestiture_reductionannounced2019-03-152019-12-31Contractor-Owned, Contractor-Operated (COCO) business — discontinued operations (formerly Expeditionary Services)USD 74 (millions)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Agreement signed March 15, 2019 to sell certain COCO contracts and assets, with closing expected before end of calendar 2019. The $74.1 million Q3 FY2019 charge is a pre-tax asset impairment reflecting expected net proceeds, not a severance charge. Filing does not disclose affected headcount.
2019-05-31othercompletedUnited States and CanadaAviation Services — airframe maintenance facility networkItem_1_Business
f5-10k / GLM-5.3-flash-HTML
During fiscal 2019 the company repositioned elements of its workforce across airframe maintenance facilities to optimize staffing levels. Purely qualitative; no employee counts, charges, or specific dates disclosed, and it may reflect internal reallocation rather than net headcount reduction.
2019-05-31othercompletedUnited States; CanadaAviation Services — airframe maintenance facilitiesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During fiscal 2019 the company repositioned elements of its workforce across its airframe maintenance network to optimize staffing levels; no headcount or charge disclosed
2019-05-31divestiture_reductionin_progress2019-03-152019-12-31United StatesContractor-Owned, Contractor-Operated (COCO) business — discontinued operationsUSD 74 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement signed 2019-03-15 to sell certain COCO contracts and assets; $74.1M impairment reflecting expected net proceeds, sale expected to close before end of calendar 2019; headcount not disclosed
2019-02-28divestiture_reductionannounced2019-03-152019-12-31United StatesExpeditionary Services (COCO business)USD 74 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell certain COCO contracts and assets; impairment charge recognized in discontinued operations. No employee count disclosed.
2018-08-31divestiture_reductionannounced2019-05-31United StatesExpeditionary Services — Contractor-Owned, Contractor-Operated (COCO) businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of COCO business decided in Q3 fiscal 2018 (exact announcement date not disclosed in this filing); reported as discontinued operations for all periods, with a $9.8 million goodwill impairment recorded in Q3 fiscal 2018 and $54.2 million of impairment/other charges in Q2 fiscal 2018. No employee counts disclosed; sale expected before end of fiscal 2019.
2018-05-31acquisition_additioncompleted2017-09-192017-09-19CanadaAviation Services (MRO facilities)USD 25 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired outstanding shares of two MRO facilities in Canada from Premier Aviation; purchase price approximately $24.8 million ($22.9 million at closing, $1.9 million deferred consideration payable September 2018), partially funded by a Canadian $31 million term loan. Employee headcount added was not disclosed.
2018-05-31divestiture_reductionin_progressExpeditionary Services (COCO aircraft operations business)USD 64 (millions)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Decision made during third quarter of fiscal 2018 (December 2017 - February 2018) to pursue sale of Contractor-Owned, Contractor-Operated (COCO) business; assets, liabilities, and results reported as discontinued operations for all periods and business held for sale at fiscal year-end. Fiscal 2018 charges include $54.2 million asset impairments (second quarter) and $9.8 million goodwill impairment (third quarter). Headcount affected by the divestiture was not disclosed.
2018-05-31divestiture_reductionin_progressExpeditionary Services (COCO business)USD 65 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Decision made in Q3 fiscal 2018 to sell the Contractor-Owned, Contractor-Operated business; assets, liabilities and results reclassified to discontinued operations for all periods presented. Charge of $65.2 million is pre-tax goodwill ($9.8M) and other asset impairments ($54.2M), not severance. No headcount disclosed. Announcement date not stated beyond 'third quarter of fiscal 2018'.
2018-05-31acquisition_additioncompleted2017-09-192017-09-19CanadaAviation Services (MRO)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired outstanding shares of two Canadian MRO facilities for approximately $24.8 million ($22.9 million paid at closing plus $1.9 million deferred consideration payable September 2018). Headcount added through the acquisition not disclosed.
2018-02-28voluntary_separationcompletedUSD 1 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Severance costs of $1.1 million incurred during the three months ended February 28, 2018 in connection with a voluntary early retirement program; number of participants not disclosed.
2018-02-28voluntary_separationcompletedUSD 1 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Voluntary early retirement program; severance costs incurred during the three months ended February 28, 2018. Number of participants not disclosed.
2018-02-28divestiture_reductionannounced2018-02-28Expeditionary Services — COCO businessrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
During Q3 FY2018 the company decided to pursue sale of its Contractor-Owned, Contractor-Operated business; assets, liabilities and results reported as discontinued operations. Headcount associated with the business not disclosed; impairment and other charges of $54.2 million recorded in Q3 FY2018 (asset impairments of $65.2 million YTD).
2018-02-28acquisition_additioncompleted2017-09-19Canada (Quebec and Ontario)Aviation Services — MRObusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of two MRO facilities from Premier Aviation for approximately $24.8 million; headcount added not disclosed.
2018-02-28voluntary_separationcompletedUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Incurred $1.1 million of severance costs in connection with a voluntary early retirement program during the three months ended February 28, 2018.
2017-11-30acquisition_additioncompleted2017-09-19Canada (Quebec and Ontario)Aviation Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of two MRO facilities from Premier Aviation for approximately $24.8 million; no employee headcount added disclosed in the filing.
2017-08-31acquisition_additioncompleted2017-09-192017-09-19Canada (Quebec and Ontario)Aviation ServicesUSD 29 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase price for two MRO facilities; no headcount added disclosed. Supports a new Air Canada airframe maintenance contract.
2017-05-31plant_closurecompletedMetal machining operation (Precision Systems Manufacturing; reported in discontinued operations)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Decision to shut down made during first quarter of fiscal 2017; shutdown completed before that quarter ended. Operation had been available for sale within the Precision Systems Manufacturing businesses. Affected employee count not disclosed.
2017-05-31acquisition_additioncompleted2017-04-10Aviation Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired trading business of ACLAS Global Limited on April 10, 2017 for $12.0 million at closing plus $3.0 million deferred over three years; includes multi-year component support and repair contract covering approximately 100 aircraft. Headcount added not disclosed.
2017-05-31divestiture_reductioncompletedExpeditionary Services — temperature-controlled container product lineMD&A
f5-10k / GLM-5.3-flash-HTML
Certain assets of the temperature-controlled container product line sold to Sonoco Protective Solutions during first quarter of fiscal 2017; resulted in a $2.6 million gain. Workforce impact not disclosed.
2017-05-31plant_closurecompleted2016-08-31United StatesExpeditionary Services — metal machining operationsdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company decided in Q1 fiscal 2017 to shut down its metal machining operation (previously held for sale); shutdown completed before the end of Q1 fiscal 2017. Headcount not disclosed.
2017-05-31othercompleted2017-05-31United States — Lake Charles, LouisianaAviation Services — airframe maintenanceItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During fiscal 2017 the Lake Charles facility transitioned from an airframe maintenance facility to a more limited painting-services operation; workforce impact not quantified.
2017-05-31otherin_progress2016-06-012017-11-30United StatesAviation Services — KC-10 Extender Contractor Logistics Support ProgramMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
U.S. Air Force awarded the KC-10 Program to a competitor in June 2016; principal services completed January 2017 with wind-down expected complete in mid-fiscal 2018. Headcount not disclosed.
2017-05-31divestiture_reductioncompleted2016-08-31United StatesExpeditionary Services — temperature-controlled container product lineMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Certain assets of the temperature-controlled container product line sold to Sonoco Protective Solutions, Inc. in Q1 fiscal 2017 (gain of $2.6 million); headcount not disclosed.
2017-05-31acquisition_additioncompleted2017-04-102017-04-10InternationalAviation Services — ACLAS Global Limited trading businessbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the trading business of ACLAS Global Limited for $12.0 million plus $3.0 million deferred consideration, alongside a multi-year component support contract covering about 100 aircraft; acquired headcount not disclosed.
2016-11-30plant_closurecompleted2016-08-31United StatesPrecision Systems Manufacturing (PSM) — metal machining operationother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company decided during Q1 fiscal 2017 to shut down the metal machining operation previously held for sale; shutdown completed before quarter-end. No employee count or severance charge disclosed. Related $57.5M impairment was recognized in fiscal 2015.
2016-08-31plant_closurecompleted2016-08-31United StatesPrecision Systems Manufacturing (PSM) — metal machining operationother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company decided during Q1 FY2017 to shut down the metal machining operation; shutdown completed before quarter end. No employee count or charge disclosed.
2016-08-31othercompleted2016-08-31Corporate / unspecifiedUSD 1 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance costs of $0.7 million included in the $4.8 million SG&A increase for the quarter; no employee count or program detail given.
2016-08-31restructuringcompleted2016-08-31Precision Systems ManufacturingUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Shut down of metal machining operation completed prior to end of first quarter; SG&A increased by $0.7 million for severance costs.
2016-05-31plant_closurecompletedHot Springs, Arkansas, United StatesAviation Services — airframe maintenance (MRO)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Regional aircraft maintenance facility closed during fiscal 2016, reducing the MRO footprint to five airframe facilities; affected headcount and any closure charge not separately disclosed.
2016-05-31acquisition_additioncompleted2015-12-04United StatesExpeditionary Services — modular sheltersbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Asset acquisition of Vantem Modular LLC closed December 4, 2015 for $4.8 million plus future royalties up to $5.0 million; number of employees acquired not disclosed.
2016-05-31plant_closurecompletedHot Springs, Arkansas, United StatesAviation Services — regional aircraft maintenanceItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Filer states it closed a regional aircraft maintenance facility in Hot Springs, Arkansas during fiscal 2016; no employee count, date, or charge disclosed.
2016-05-31acquisition_additioncompleted2015-12-042015-12-04Expeditionary Services — modular sheltersbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of certain assets of Vantem Modular LLC for $4.8 million plus royalties of up to $5.0 million; headcount added not disclosed.
2015-11-30plant_closurecompletedHot Springs, Arkansas, United StatesAviation Services — airframe maintenance, repair and overhaulMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Presented as part of phase three of the multi-phase transformation (streamlining corporate office, reducing overhead, consolidating airframe MRO via the Hot Springs facility closure). Filing gives no announcement date, completion date, affected-employee count, or severance charge; timing appears to precede the quarter covered by this 10-Q.
2015-08-31plant_closurecompletedHot Springs, ArkansasAviation ServicesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closure of airframe maintenance, repair, and overhaul facility mentioned as part of fiscal 2015 streamlining efforts; no specific headcount or charge disclosed in this 10-Q.
2015-05-31plant_closureannounced2015-06-24Hot Springs, Arkansas, United StatesAviation Services — regional aircraft maintenanceUSD 2 (millions)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Subsequent event: announced after the May 31, 2015 fiscal year-end. Facility operations to be transferred to Oklahoma City. Expected fiscal 2016 exit-related costs comprise severance, relocation, lease termination fees and other exit costs. Affected headcount not disclosed.
2015-05-31divestiture_reductioncompleted2015-03-26Telair Cargo Group (previously Technology Products segment; reported as discontinued operations)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Decision to sell made in Q3 fiscal 2015; sale to TransDigm completed 2015-03-26 for $725 million with a pre-tax gain of $198.6 million (no associated workforce charge). Employee headcount of the divested business not disclosed.
2015-05-31divestiture_reductionannouncedPrecision Systems Manufacturing (previously Technology Products segment; metal and composite machined and fabricated parts manufacturing)USD 58 (millions)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Intention to sell announced; business held for sale at fiscal year-end. Fiscal 2015 impairment of $57.5 million reduced net asset carrying value to expected sale value (asset write-down, not severance). Affected headcount not disclosed.
2015-05-31divestiture_reductioncompleted2015-03-26International (Telair operations)Technology Products (discontinued operations)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Telair Cargo Group to TransDigm completed 2015-03-26 for $725 million; headcount transferred not disclosed. Related $198.6M pre-tax gain is a gain, not a severance charge.
2015-05-31divestiture_reductionannouncedUnited StatesTechnology Products — Precision Systems Manufacturing (discontinued operations)USD 58 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company announced intention to sell PSM; $57.5M impairment recognized in FY2015 to reduce carrying value to expected sale value. Headcount not disclosed; charge is asset impairment, not severance.
2015-05-31plant_closureannounced2015-06-24United States — Hot Springs, ArkansasAviation Services — regional aircraft maintenance facilityUSD 2 (millions)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent event after FY2015 year-end: plan to close facility and transfer operations to Oklahoma City; ~$1.5M of exit-related costs (severance, relocation, lease termination) expected in fiscal 2016. Headcount not disclosed.
2015-05-31restructuringcompletedUnited StatesCorporateUSD 2 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2015 severance costs of $1.7M included in the $5.1M increase in SG&A expenses; employee counts not disclosed.
2015-05-31restructuringcompleted2015-05-31GlobalCorporateUSD 2 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance costs of $1.7 million recognized in SG&A.
2015-05-31plant_closureannounced2015-06-24Hot Springs, ArkansasAviation Servicessubsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Announced plan to close regional aircraft maintenance facility and transfer operations to Oklahoma City.
2015-02-28divestiture_reductioncompleted2015-03-26Telair Cargo Group (Telair International, Telair US, Nordisk Aviation Products)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Telair Cargo Group to TransDigm for $725 million completed March 26, 2015; headcount affected not disclosed.
2015-02-28divestiture_reductionannouncedPrecision Systems Manufacturing (metal and composite machined/fabricated parts operations)USD 46 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Intention to sell Precision Systems Manufacturing announced; $46.4 million impairment charge recognized in Q3 FY2015 to reduce net assets to expected sale value. Headcount affected not disclosed.
2015-02-28restructuringcompletedUSD 1 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Severance costs of $1.4 million incurred in the quarter; number of employees affected not disclosed.
2015-02-28otherin_progressUSD 1 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance costs of $1.4 million recognized in the third quarter of fiscal 2015; no employee count or program details disclosed. Same amount cited for the nine-month period, indicating the cost was incurred in Q3.
2015-02-28divestiture_reductioncompleted2015-03-26Technology Productsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the Telair Cargo Group (Telair International, Telair US, Nordisk Aviation Products) to TransDigm completed after quarter end for $725 million; no headcount associated with the divested businesses is disclosed.
2015-02-28divestiture_reductionannouncedTechnology ProductsUSD 46 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Intention to sell the Precision Systems Manufacturing business announced; a $46.4 million impairment was recognized in Q3 fiscal 2015 to write net assets down to expected sale value. Charge is an asset impairment, not severance; no employee count disclosed.
2015-02-28restructuringin_progress2015-02-28Aviation ServicesUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Severance costs of $1.4 million recognized in SG&A for the three months ended Feb 28, 2015.
2014-11-30restructuringcompletedMD&A
f5-10q / Qwen3.6-27B-Q8_0
Elimination of certain positions implemented during fiscal 2014, with benefits realized in Q2 FY2015.
2014-08-31restructuringcompletedCorporateMD&A
f5-10q / Qwen3.6-27B-Q8_0
Realization of benefits from cost control measures implemented in fiscal 2014, including elimination of certain positions.
2014-05-31restructuringcompletedMD&A
f5-10k / GLM-5.3-flash-HTML
Fiscal 2014 cost control measures included elimination of certain positions; no affected headcount or associated charge amount disclosed.
2014-05-31acquisition_additioncompleted2013-12-162013-12-16GermanyTechnology Productsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the cargo systems business of PFW Aerospace GmbH for $15.3 million cash; acquired headcount not disclosed
2014-05-31reduction_in_forcecompletedCompany-wideMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
MD&A cites cost control measures in fiscal 2014 including elimination of certain positions; no headcount, charge, or timing quantified
2014-05-31restructuringcompleted2014-05-312014-05-31GlobalCorporateMD&A
f5-10k / Qwen3.6-27B-Q8_0
Cost control measures implemented during fiscal 2014, including the elimination of certain positions. No specific headcount or charge amount disclosed.
2013-05-31restructuringcompleted2012-06-012013-05-31GlobalTechnology ProductsUSD 4 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2012 decision to close two manufacturing plants and idle one facility in Technology Products segment. Charge of $3.7 million included $1.2 million severance and $2.5 million asset impairments. No employee count disclosed.
2012-05-31plant_closurecompletedStructures and SystemsUSD 3,700 (thousands)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Decision made during Q4 fiscal 2012 to close two manufacturing plants and idle one facility to improve efficiencies; charges comprised approximately $1,200 (thousands) severance expense and $2,500 (thousands) asset impairments; no employee count or completion timeline disclosed. Also referenced in MD&A (deduplicated, footnote used as authoritative source).
2012-05-31restructuringcompletedStructures and SystemsUSD 3,700 (thousands)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Decided in Q4 fiscal 2012 to close two manufacturing plants and idle one other facility; charge comprises approximately $1,200 severance and approximately $2,500 asset impairments. Number of employees affected not disclosed.
2012-05-31acquisition_additioncompleted2011-12-022011-12-02Germany, Sweden, Singapore, Norway, ChinaStructures and Systemsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase price increased to $296,500 thousand after working capital adjustment; headcount added through the acquisition not disclosed.
2012-05-31acquisition_additioncompleted2011-10-112011-10-11United KingdomAviation Supply Chainbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total consideration estimated at $43,500 thousand including a potential $20,300 thousand earn-out; headcount added through the acquisition not disclosed.
2012-05-31restructuringcompleted2012-Q4Structures and SystemsUSD 3,700 (thousands)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of two manufacturing plants and idling of one facility. Charge includes approx $1,200k severance and $2,500k asset impairments. Employee count not explicitly disclosed.
2011-11-30acquisition_additioncompleted2011-10-11International (UK-based)Aviation Supply Chainbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Airinmar Holdings Limited, a component repair management services provider; headcount added not disclosed. Consideration estimated at $43,500 thousand including a $20,300 thousand earn-out liability.
2011-11-30acquisition_additionannounced2011-12-022011-12-02Germany, Sweden, Singapore, Norway, ChinaStructures and Systemssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter close (December 2, 2011) acquisition of Telair International GmbH and Nordisk Aviation Products, AS for $280,000 thousand, funded initially through the revolving credit facility; headcount added not disclosed.
2011-08-31plant_closurein_progressAmsterdam, NetherlandsAviation Supply Chain — component repair facilityother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Decision to exit the Amsterdam component repair facility was made in fiscal 2011 Q3; strategic alternatives including sale are being evaluated. Aggregate carrying value of the unit is approximately $7,600 thousand. No employee count, severance charge, or completion date disclosed.
2011-05-31plant_closurein_progressAmsterdam, NetherlandsAviation Supply Chain (component repair)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Company decided during the third quarter of fiscal 2011 (Dec 2010–Feb 2011) to exit the Amsterdam component repair facility; business now reported as discontinued operations. Strategic alternatives under evaluation, including sale of the unit; aggregate carrying value ~$9.0 million expected to be recovered. No employee count disclosed.
2011-05-31divestiture_reductioncompletedMaintenance, Repair and Overhaulother
f5-10k / GLM-5.3-flash-HTML
During the fourth quarter of fiscal 2011, the Company sold substantially all assets of a non-strategic product line for $10.0 million cash against a $4.1 million net carrying value, recording a $5.9 million pre-tax gain in operating income. No workforce impact or affected-employee count disclosed.
2011-05-31acquisition_additioncompleted2010-04-072010-04-07United StatesGovernment and Defense ServicesUSD 200 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Largest acquisition in Company history; purchase price approximately $200,000 thousand paid in cash. Headcount added not disclosed; Airlift contributed approximately $281,000 thousand of revenue in fiscal 2011.
2011-05-31plant_closurein_progress2011-02-28Amsterdam, NetherlandsAviation Supply Chain (component repair)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Decision made during the third quarter of fiscal 2011 (announcement date approximated to quarter end); business reclassified to discontinued operations. Aggregate carrying value approximately $9,000 thousand; Company evaluating strategic alternatives including sale. Employees affected not disclosed.
2011-05-31divestiture_reductioncompleted2011-05-312011-05-31United StatesMaintenance, Repair and Overhaulother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of substantially all assets of a non-strategic product line in the fourth quarter of fiscal 2011; $10,000 thousand cash proceeds against $4,078 thousand net carrying value (pre-tax gain $5,922 thousand). Employees affected not disclosed; date approximated to fiscal quarter end.
2011-05-31divestiture_reductioncompleted2010-06-302010-06-30United StatesAAR Global Solutions, LLC (joint venture)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company and partners agreed in June 2010 to wind down operations of the AAR GS joint venture; resulted in $0 loss attributable to noncontrolling interest in fiscal 2011. Employees affected not disclosed; date approximated to month end.
2011-05-31plant_closureannounced2011-03-31AmsterdamAviation Supply ChainMD&A
f5-10k / Qwen3.6-27B-Q8_0
Decided to exit Amsterdam component repair facility in Q3 FY2011. Evaluating strategic alternatives including sale.
2010-11-30plant_closureannouncedAmsterdam, NetherlandsMaintenance, Repair and Overhaul — component repair facilitysubsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Company will exit its Amsterdam component repair facility and is evaluating strategic alternatives including sale; unit lost money over past several quarters; aggregate carrying value approximately $11,000 thousand; to be reported as discontinued operation beginning Q3 fiscal 2011. No employee count disclosed.
2010-11-30plant_closureannounced2010-11-30Amsterdam, NetherlandsMaintenance, Repair and Overhaul (component repair facility)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company decided to exit the Amsterdam component repair facility and is evaluating strategic alternatives including sale; approximately $1,000 severance costs recorded in Q2 MD&A; no employee count disclosed. Carrying value of unit approximately $11,000.
2010-11-30otherannounced2010-11-30Amsterdam, NetherlandsAviation Supply Chainsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Company concluded it will exit Amsterdam component repair facility and is evaluating strategic alternatives including sale. Unit lost money over past several quarters.
2010-11-30acquisition_additioncompleted2010-04-07United StatesGovernment and Defense ServicesUSD 200,000 (units)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Aviation Worldwide Services for approximately $200,000 cash. Headcount not explicitly disclosed.
2010-05-31acquisition_additioncompleted2010-04-072010-04-07Global (operations principally in Afghanistan, Northern Africa and the Western Pacific)Government and Defense Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired Aviation Worldwide Services (AWS) from Xe Services LLC on April 7, 2010 for approximately $200 million in cash, adding expeditionary airlift and aircraft modification operations. Headcount added through the acquisition was not disclosed. Purchase agreement dated March 25, 2009.
2010-05-31acquisition_additioncompleted2010-04-072010-04-07United States (operations in Afghanistan, Northern Africa, Western Pacific)Government and Defense ServicesUSD 200 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Aviation Worldwide Services from Xe Services LLC; purchase price approximately $200,000 thousand cash. Headcount added not disclosed; AWS results reported in new Government and Defense Services segment
2010-05-31otherin_progressUnited StatesCorporate (AAR Global Solutions joint venture)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
AAR Global Solutions, launched June 2009, is in the process of winding down operations; headcount affected not disclosed
2010-05-31acquisition_additioncompleted2010-04-072010-04-07WorldwideGovernment and Defense ServicesItem 1. Business - Recent Developments
f5-10k / Qwen3.6-27B-Q8_0
Acquired AWS on April 7, 2010. Specific headcount added not disclosed in filing.
2009-05-31divestiture_reductioncompletedFrankfort, New York, United StatesStructures and Systems — non-core industrial gas turbine engine businessdiscontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Exit decision made in Q3 fiscal 2007; sale of the business to the local management team completed November 25, 2008, during fiscal 2009. No affected employee headcount disclosed. A $2,209 pre-tax loss on disposal was recorded, reflecting asset disposal rather than severance.
2009-05-31divestiture_reductioncompleted2008-11-252008-11-25Frankfort, New York, United StatesStructures and Systems (non-core industrial gas turbine engine business)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Assets and certain liabilities of the industrial gas turbine engine business sold to the local management team; results classified as discontinued operations. No employee count disclosed for the transferred workforce. Pre-tax loss on disposal of $2,209 thousand ($1,403 thousand after tax) is a business disposal charge, not a severance charge.
2009-02-28reduction_in_forcecompletedAmsterdam, NetherlandsAviation Supply Chain — component repair businessUSD 1,900 (thousands)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Severance expense of $1,900 thousand included in SG&A increase, principally associated with a staffing reduction at the Amsterdam-based component repair business; headcount affected not disclosed.
2009-02-28layoffcompletedAmsterdam, NetherlandsMaintenance, Repair and Overhaul — component repair businessUSD 1,900 (thousands)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance expense of $1,900 thousand in Q3 FY2009 tied to a staffing reduction at the Amsterdam component repair business; no employee count or announcement date disclosed.
2009-02-28divestiture_reductioncompleted2008-11-252008-11-25United StatesStructures and Systems — industrial gas turbine engine businessUSD 2,209 (thousands)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Business sold to local management team on 2008-11-25; pre-tax loss on disposal of $2,209 thousand ($1,403 thousand after tax). No headcount transferred or retained disclosed.
2009-02-28restructuringcompletedAmsterdamComponent repair businessUSD 1,900 (thousands)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Staffing reduction at Amsterdam-based component repair business; $1.9M severance expense included in SG&A.
2008-11-30othercompleted2008-11-252008-11-25United StatesStructures and SystemsUSD 2,209 (thousands)discontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of industrial gas turbine engine business to local management team. Pre-tax charge of $2,209 represents loss on disposal. Employee count not disclosed.
2008-11-30othercompleted2008-11-302008-11-30CorporateUSD 800 (thousands)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Severance expense of $800 included in selling, general and administrative expenses. Employee count not disclosed.
2008-08-31restructuringcompletedUSD 1,414 (thousands)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Selling, general and administrative expenses increased $1,414 due to severance expense recognized during the quarter.
2008-05-31acquisition_additioncompleted2007-12-032007-12-03United StatesStructures and SystemsUSD 71 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of Summa Technology, Inc., a provider of high-end sub-systems and precision machining, fabrication, welding and engineering services; purchase price approximately $71,000 (dollars in thousands, i.e., ~$71 million), paid in cash. Headcount added through the acquisition is not disclosed. Also referenced in Item 1 and Item 1A; footnote is the authoritative source.
2008-05-31acquisition_additioncompleted2008-03-052008-03-05United StatesMaintenance, Repair and OverhaulUSD 40 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of Avborne Heavy Maintenance, Inc. and a related entity, a provider of aircraft heavy maintenance at a leased Miami International Airport facility; purchase price approximately $40,000 (dollars in thousands, i.e., ~$40 million), comprising $15,000 cash plus assumption of a $25,000 industrial revenue bond. Headcount added through the acquisition is not disclosed. Also referenced in Item 1 and Item 1A; footnote is the authoritative source.
2008-05-31acquisition_additioncompleted2007-12-032007-12-03United StatesStructures and Systemsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Summa Technology, Inc., a sub-systems and precision machining/fabrication provider; purchase price approximately $71,000 thousand cash. Headcount added not disclosed.
2008-05-31acquisition_additioncompleted2008-03-052008-03-05United States (Miami, Florida)Maintenance, Repair and Overhaulbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Avborne Heavy Maintenance, Inc. and a related entity; purchase price approximately $40,000 thousand ($15,000 cash plus assumption of a $25,000 industrial revenue bond). Headcount added not disclosed.
2007-11-30acquisition_additioncompleted2007-01-12Hot Springs, Arkansas, United StatesMaintenance, Repair and Overhaulbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of a regional airframe MRO facility; purchase price approximately $11,800 thousand paid in cash. No employee count disclosed.
2007-11-30acquisition_additioncompleted2007-04-02United StatesStructures and Systemsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Privately held defense contractor providing engineering, design, manufacturing and systems integration services; purchase price approximately $26,700 thousand paid in cash. No employee count disclosed.
2007-11-30acquisition_additionannounced2007-12-03United StatesStructures and Systemssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter acquisition of a sub-systems and precision machining, fabrication, welding and engineering services provider; purchase price approximately $65,000 thousand paid in cash. No employee count disclosed.
2007-11-30divestiture_reductionin_progress20072008-02-29Frankfort, New York, United StatesStructures and Systemsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Decision to exit the non-core industrial turbine business, classified as a discontinued operation; expected sale prior to February 29, 2008. Net assets approximately $4,900 thousand at period end. No employee count disclosed; announcement date known only as fiscal Q3 2007.
2007-08-31acquisition_additioncompleted2007-01-12United States (Hot Springs, Arkansas)Maintenance, Repair and Overhaulbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of substantially all assets of a regional airframe MRO facility; purchase price approximately $11,800 thousand cash. Headcount added not disclosed.
2007-08-31acquisition_additioncompleted2007-04-02United StatesStructures and Systemsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of a privately held defense contractor providing engineering, design, manufacturing and systems integration services; purchase price approximately $26,700 thousand cash. Headcount added not disclosed.
2007-08-31divestiture_reductionin_progress2006-11-302008-02-29United States (Frankfort, New York)Structures and Systemsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Decision made during the third quarter of fiscal 2007 to exit the non-core industrial turbine business, expected to be sold before February 29, 2008; net assets approximately $4,900 thousand at quarter-end. Number of employees affected not disclosed.
2007-05-31acquisition_additioncompleted2007-01-12Hot Springs, Arkansas, United StatesMaintenance, Repair and OverhaulUSD 11,800 (thousands)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired substantially all assets of Reebaire Aircraft, Inc., a regional airframe MRO facility; purchase price paid in cash. Employee headcount added through the acquisition not disclosed.
2007-05-31acquisition_additioncompleted2007-04-02Structures and SystemsUSD 26,700 (thousands)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired 100% of shares of Brown International Corporation, a privately held defense contractor providing engineering, design, manufacturing and systems integration services; purchase price paid in cash. Employee headcount added through the acquisition not disclosed.
2007-05-31divestiture_reductionin_progressFrankfort, New York, United StatesStructures and Systemsdiscontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Decision made in the third quarter of fiscal 2007 to exit the non-core industrial turbine business; classified as discontinued operations with net assets of roughly $4,500 thousand at May 31, 2007 and expected to be sold within 12 months. Fiscal 2007 revenues of the business were $7,778 thousand. Affected employee headcount not disclosed.
2007-05-31divestiture_reductioncompletedStructures and SystemsUSD 6,567 (thousands)other
f5-10k / GLM-5.3-flash-HTML
During the first quarter of fiscal 2007, sold substantially all assets, subject to certain liabilities, of a product line; proceeds were $6,567 thousand against a net carrying value of $1,209 thousand, producing a $5,358 thousand gain recorded in operating income. Affected employee headcount not disclosed.
2007-05-31acquisition_additioncompleted2007-01-122007-01-12United States (Hot Springs, Arkansas)Maintenance, Repair and OverhaulUSD 11,800 (thousands)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase price for substantially all assets of Reebaire Aircraft, a regional airframe MRO facility; headcount added not disclosed. Purchase price allocation preliminary.
2007-05-31acquisition_additioncompleted2007-04-022007-04-02United StatesStructures and SystemsUSD 26,700 (thousands)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
100% share acquisition of Brown International Corporation, a defense engineering and systems integration contractor; headcount added not disclosed. Purchase price allocation not yet finalized.
2007-05-31divestiture_reductionin_progress2007-02United States (Frankfort, New York)Structures and Systemsdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Decision to exit non-core industrial turbine business disclosed only as occurring in fiscal third quarter of 2007 (Dec 2006-Feb 2007); business expected to be sold within 12 months. Net assets of approximately $4,500 thousand at year-end; headcount not disclosed.
2007-05-31divestiture_reductioncompleted2006-082006-08United StatesStructures and Systemsother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of substantially all assets of a product line in the first quarter of fiscal 2007; proceeds $6,567 thousand, gain $5,358 thousand. Headcount removed not disclosed; date given only as fiscal first quarter (Jun-Aug 2006).
2006-08-31divestiture_reductioncompletedUnited StatesStructures and Systemsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of substantially all assets of a product line during the quarter; proceeds $6,567 thousand, gain $5,358 thousand. No employee count or headcount impact disclosed; a transition services agreement was entered with the buyer.
2005-05-31divestiture_reductioncompleted2005-02-172005-02-17Windsor, Connecticut, United StatesAviation Supply Chain (engine component repair business)USD 287 (thousands)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Sale of substantially all engine component repair business assets completed Feb 17, 2005 for $7,700 thousand cash. Total pre-tax loss on disposal was $3,651 thousand ($2,321 after-tax), comprising $287 thousand severance, $619 thousand closing costs, and $2,745 thousand difference between consideration and net book value. Headcount affected not disclosed.
2005-05-31divestiture_reductioncompleted2005-02-172005-02-17United States (Windsor, Connecticut)Aviation Supply Chain — engine component repair businessUSD 3,651 (thousands)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pre-tax loss on disposal of $3,651 thousand ($2,321 thousand after tax), including $287 thousand severance and $619 thousand closing costs; headcount of the divested unit not disclosed.
2005-05-31othercompleted2005-05-312005-06-01United StatesCorporate — defined benefit pension planUSD 667 (thousands)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash balance pension plan frozen effective June 1, 2005 with a $667 thousand curtailment loss recorded in Q4 fiscal 2005; benefit-plan action with no headcount reduction disclosed.
2005-05-31divestiture_reductioncompleted2005-02-172005-02-17Windsor, ConnecticutAviation Supply ChainUSD 287 (thousands)discontinued_operations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Sold engine component repair business. Pre-tax charge of $3,651 included $287 in severance charges and $619 in closing costs.
2005-02-28divestiture_reductioncompleted2005-02-172005-02-17United StatesMaintenance, Repair and Overhaul — engine component repair business (Windsor, Connecticut)USD 287 (thousands)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of substantially all assets of the engine component repair unit; pre-tax charge of $3,505 thousand included severance of $287 thousand and closing costs of $473 thousand. Number of employees affected not disclosed.
2005-02-28divestiture_reductioncompleted2005-02-172005-02-17Windsor, ConnecticutMaintenance, Repair and OverhaulUSD 287 (thousands)discontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of engine component repair business included $287k in severance charges.
2003-08-31restructuringcompleted1502001-11-30USD 1,500 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction in workforce by approximately 150 employees during the second quarter ended November 30, 2001, in connection with overall cost savings initiatives. Affected employees included management, salaried, salespersons, and hourly employees.
2003-05-31restructuringcompleted1502001-09-012001-11-30WorldwideVariousUSD 1,500 (thousands)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Work force reduced by approximately 150 employees in connection with overall cost savings initiatives during the second quarter ended November 30, 2001. Includes management, salaried, salespersons, and hourly employees.
2003-02-28restructuringcompleted1502001-11-30USD 1,500 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Workforce reduction of approx. 150 employees (management, salaried, sales, hourly) occurred in Q2 FY2002 as part of cost savings initiatives. $1.5M severance accrual recorded.
2002-08-31restructuringcompletedUSD 2,914 (thousands)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Company reduced selling, general and administrative costs by $2,914 thousand principally through lower personnel costs as a result of headcount, salary and benefit reductions.
2001-11-30othercompleted2001-09-11United StatesCorporate / All SegmentsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Announced layoffs by U.S.-based air carriers and manufacturers exceeded 100,000 people since September 11 attacks; impacts AAR's customers.
2001-08-31restructuringin_progressMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Following the September 11 attacks, the Company implemented cost-reduction and cash-preservation measures including workforce reductions, salary reductions, and facility consolidations. No employee counts or charge amounts were quantified.
2001-08-31restructuringannounced2001-09-11United StatesCompany-wideMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
In response to the September 11 attacks, the Company initiated workforce and salary reductions, facility consolidations and cut its quarterly dividend from 8.5 to 2.5 cents per share; no employee counts, charges or completion dates disclosed, and the Company stated it could not yet estimate the financial effect.
2001-08-31otherannounced2001-09-11United StatesCompany-widesubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Company announced workforce and salary reductions, facility consolidations, and dividend reduction following September 11 terrorist attacks.
2001-05-31acquisition_additioncompleted2000-09-292000-09-29North AmericaAirframe and Accessoriesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Hermetic, an aircraft component support company; headcount not disclosed. Purchase price $16,442 thousand.
1999-05-31acquisition_additioncompleted1998-10-191998-10-19United StatesAirframe and Accessories — regional aircraft landing gear repair and overhaulUSD 8 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase price approximately $7.5 million paid with cash and a note; headcount added not disclosed.
1999-05-31divestiture_reductioncompleted1998-11-301998-11-30United StatesManufacturing — floor maintenance products subsidiaryMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Divestiture of substantially all assets and related liabilities of the floor maintenance products manufacturing subsidiary in November 1998; proceeds of $11,685 thousand; headcount removed not disclosed.
1998-11-30divestiture_reductioncompletedFloor maintenance products manufacturing subsidiaryother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
During the second quarter of fiscal 1999 the Company divested substantially all assets and liabilities of its floor maintenance products manufacturing subsidiary; $11.7 million proceeds approximated net value. No employee count disclosed.
1998-05-31acquisition_additioncompleted1997-06-021997-06-02Airframe and Accessoriesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of substantially all assets of Cooper Aviation Industries; purchase price paid in shares; headcount added not disclosed
1998-05-31acquisition_additioncompleted1997-10-241997-10-24ManufacturingUSD 19 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Stock purchase of ATR International for approximately $19 million cash; headcount added not disclosed
1998-05-31acquisition_additioncompleted1997-12-311997-12-31Airframe and AccessoriesUSD 18 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of substantially all assets of AVSCO Aviation Service for approximately $18.4 million in cash and a note; headcount added not disclosed
1998-02-28acquisition_additioncompleted1997-06-021997-06-02Aviation Services — Airframe and Accessories (new parts distribution)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired assets and assumed liabilities of Cooper Aviation Industries, Inc.; purchase price paid in approx. 139 thousand common shares. No employee count disclosed.
1998-02-28acquisition_additioncompleted1997-10-241997-10-24Manufacturing (composite parts and structures)USD 19 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchased stock of ATR International, Inc. for approximately $19 million cash. Charge value reflects purchase price, not a severance or restructuring charge. No employee count disclosed.
1998-02-28acquisition_additioncompleted1997-12-311997-12-31Aviation Services — Airframe and Accessories (new parts distribution)USD 18 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired assets and assumed liabilities of AVSCO Aviation Service Corporation for approx. $18.4 million in cash and a note. Charge value reflects purchase price, not a severance or restructuring charge. No employee count disclosed.
1997-08-31acquisition_additioncompleted1997-06-02United StatesAviation Services — Airframe and Accessoriesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of substantially all assets of Cooper Aviation Industries, Inc., a factory-new aviation parts distributor; consideration paid in 93 thousand common shares. No employee count disclosed for the acquired workforce.
1997-05-31divestiture_reductioncompleted1997-05-31United StatesTrading — hardware distribution unitItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Headcount associated with the divested unit not disclosed.
1997-05-31acquisition_additioncompleted1997-08-31United StatesTrading — factory-new aviation parts distribution (Cooper Aviation Industries, Inc.)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent-event acquisition occurring after fiscal year-end (FY1998 Q1); headcount added not disclosed.
1997-02-28divestiture_reductioncompletedHardware distribution unitMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Subsequent to quarter-end, the Company completed the sale of its hardware distribution unit, realizing in cash its total investment in the business; divestiture followed a review of the unit's performance against long-term financial objectives. No headcount figures disclosed.
1997-02-28divestiture_reductioncompletedHardware distribution unitMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the hardware distribution unit completed after quarter end; no headcount impact disclosed. Divestiture followed a review of the unit's performance against long-term financial objectives.