Condensed Consolidated Statements of Changes in Equity - USD ($) $ in Millions	Common Stock	Capital Surplus	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Loss	Total
Balance at May. 31, 2024	$ 45.3	$ 493.9	$ 956.9	$ (297.5)	$ (8.8)	$ 1,189.8
Net income (loss)			18.0			18.0
Stock option activity		0.9		0.2		1.1
Restricted stock activity		(4.4)		4.2		(0.2)
Other comprehensive income, net of tax					1.5	1.5
Balance at Aug. 31, 2024	45.3	490.4	974.9	(293.1)	(7.3)	1,210.2
Balance at May. 31, 2024	45.3	493.9	956.9	(297.5)	(8.8)	1,189.8
Net income (loss)						(12.6)
Other comprehensive income, net of tax						(1.8)
Balance at Nov. 30, 2024	45.3	495.5	944.3	(292.9)	(10.6)	1,181.6
Balance at Aug. 31, 2024	45.3	490.4	974.9	(293.1)	(7.3)	1,210.2
Net income (loss)			(30.6)			(30.6)
Stock option activity		1.0		0.2		1.2
Restricted stock activity		4.1				4.1
Other comprehensive income, net of tax					(3.3)	(3.3)
Balance at Nov. 30, 2024	45.3	495.5	944.3	(292.9)	(10.6)	1,181.6
Balance at May. 31, 2025	45.3	505.2	969.4	(302.7)	(5.6)	1,211.6
Net income (loss)			34.4			34.4
Stock option activity		2.5		4.2		6.7
Restricted stock activity		(4.2)		0.4		(3.8)
Other comprehensive income, net of tax					0.4	0.4
Balance at Aug. 31, 2025	45.3	503.5	1,003.8	(298.1)	(5.2)	1,249.3
Balance at May. 31, 2025	45.3	505.2	969.4	(302.7)	(5.6)	1,211.6
Net income (loss)						69.0
Other comprehensive income, net of tax						(0.8)
Balance at Nov. 30, 2025	48.8	778.2	1,038.4	(297.8)	(6.4)	1,561.2
Balance at Aug. 31, 2025	45.3	503.5	1,003.8	(298.1)	(5.2)	1,249.3
Net income (loss)			34.6			34.6
Issuance of common stock	3.5	270.4				273.9
Stock option activity		1.1		0.3		1.4
Restricted stock activity		3.2				3.2
Other comprehensive income, net of tax					(1.2)	(1.2)
Balance at Nov. 30, 2025	$ 48.8	$ 778.2	$ 1,038.4	$ (297.8)	$ (6.4)	$ 1,561.2

Amount after tax and reclassification adjustments of other comprehensive income (loss).

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Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.

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Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

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Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 15: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 16: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

AAR CORP 10-Q