AAR CORP
For the period ended Aug 31, 2024. Filed Sep 24, 2024.
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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.
Aug 31, 2024 · Filed Sep 24, 2024
AIR$115.61-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Three Months Ended | ||||||
| · · August 31, | ||||||
| | 2024 | 2023 | ||||
| Sales: | | | | | | |
| Sales from products | | $376.6 | | $337.5 | ||
| Sales from services | | 285.1 | | 212.2 | ||
| | | 661.7 | | 549.7 | ||
| Cost of sales: | | | | | | |
| Cost of products | | 320.8 | | 273.8 | ||
| Cost of services | | 223.7 | | 174.6 | ||
| | | | 544.5 | | | 448.4 |
| Gross profit | | | 117.2 | | | 101.3 |
| Provision for credit losses | | | 0.2 | | | 0.4 |
| Selling, general, and administrative | | 75.9 | | 74.7 | ||
| Earnings (Loss) from joint ventures | | 2.3 | | (0.9) | ||
| Operating income | | | 43.4 | | | 25.3 |
| Pension settlement charge | | — | | (26.7) | ||
| Losses related to sale and exit of business | | | (0.1) | | | (0.7) |
| Other expense, net | | | (0.1) | | | — |
| Interest expense | | (18.8) | | (5.8) | ||
| Interest income | | 0.5 | | 0.4 | ||
| Income (Loss) before income taxes | | | 24.9 | | | (7.5) |
| Income tax expense (benefit) | | | 6.9 | | | (6.9) |
| Net income (loss) | | $18.0 | | $(0.6) | ||
| | | | | | | |
| Earnings (Loss) per share – basic and diluted | | $0.50 | | $(0.02) | ||
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