AAR CORP
For the period ended Feb 28, 2025. Filed Mar 28, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Feb 28, 2025 · Filed Mar 28, 2025
AIR$115.61-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended · · Nine Months Ended | ||||||||||||
| · February 28/29, · · February 28/29, | ||||||||||||
| · · 2025 · 2024 · 2025 · 2024 | ||||||||||||
| Sales: | | | | | | | | | | | | |
| Sales from products | | $416.6 | | $329.9 | | $1,235.5 | | $987.6 | ||||
| Sales from services | | 261.6 | | 237.4 | | 790.5 | | 674.8 | ||||
| | | 678.2 | | 567.3 | | 2,026.0 | | 1,662.4 | ||||
| Cost and operating expenses: | | | | | | | | | | | | |
| Cost of products | | 332.1 | | 257.5 | | 1,008.4 | | 788.8 | ||||
| Cost of services | | 214.4 | | 199.5 | | 640.1 | | 558.6 | ||||
| | | | 546.5 | | | 457.0 | | | 1,648.5 | | | 1,347.4 |
| Gross profit | | | 131.7 | | | 110.3 | | | 377.5 | | | 315.0 |
| Provision for (Recovery of) credit losses | | | (0.2) | | | 0.1 | | | (0.3) | | | 0.5 |
| Selling, general and administrative | | 61.3 | | 77.0 | | 270.3 | | 217.4 | ||||
| Earnings (Loss) from joint ventures | | 0.5 | | (0.2) | | 4.7 | | (0.5) | ||||
| Operating income | | | 71.1 | | | 33.0 | | | 112.2 | | | 96.6 |
| Pension settlement charge | | — | | — | | — | | (26.7) | ||||
| Losses related to sale and exit of business | | | (64.0) | | | (1.0) | | | (65.3) | | | (2.6) |
| Other expense, net | | | (0.1) | | | (0.2) | | | (0.4) | | | (0.3) |
| Interest expense | | (18.5) | | (11.9) | | (56.6) | | (23.9) | ||||
| Interest income | | 0.4 | | 0.6 | | 1.4 | | 1.6 | ||||
| Income (Loss) from continuing operations before income taxes (benefit) | | | (11.1) | | | 20.5 | | | (8.7) | | | 44.7 |
| Income tax expense (benefit) | | | (2.2) | | | 6.5 | | | 12.8 | | | 7.5 |
| Net income (loss) | | $(8.9) | | $14.0 | | $(21.5) | | $37.2 | ||||
| | | | | | | | | | | | | |
| Earnings (Loss) per share – basic | | $(0.25) | | $0.40 | | $(0.61) | | $1.05 | ||||
| | | | | | | | | | | | | |
| Earnings (Loss) per share – diluted | | $(0.25) | | $0.39 | | $(0.61) | | $1.04 | ||||
| | | | | | | | | | | | | |
| Share data used for earnings (loss) per share: | | | | | | | | | | | | |
| Weighted average shares outstanding – Basic | | | 35.4 | | | 34.8 | | | 35.4 | | | 34.9 |
| Weighted average shares outstanding – Diluted | | 35.4 | | 35.2 | | 35.4 | | 35.3 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.