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cik
string
sentence
string
section
class label
labels
dict
filingDate
string
name
string
docID
string
sentenceID
string
sentenceCount
int64
tickers
list
exchanges
list
entityType
string
sic
string
stateOfIncorporation
string
tickerCount
int32
acceptanceDateTime
string
form
string
reportDate
string
returns
dict
0000001750
ITEM 1.BUSINESS General AAR CORP. and its subsidiaries are referred to herein collectively as “AAR,” “Company,” “we,” “us,” and “our” unless the context indicates otherwise.
0section_1
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2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_0
1
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operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
AAR was founded in 1951, organized in 1955 and reincorporated in Delaware in 1966.
0section_1
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2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_1
2
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3720
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2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
We are a diversified provider of products and services to the worldwide aviation and government and defense markets.
0section_1
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2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_2
3
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10-K
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0000001750
Fiscal 2020 began with strategic initiatives focused on growth and execution across all of our activities in the commercial and government markets.
0section_1
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2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_3
4
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3720
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10-K
2020-05-31
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0000001750
Our momentum from a successful fiscal 2019 carried into the new year as we saw continued strength in our parts supply activities, as well as in government programs.
0section_1
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2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_4
5
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3720
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10-K
2020-05-31
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0000001750
We also realized the positive impact our efforts to attract and retain talent had in our maintenance, repair and overhaul (“MRO”) activities.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_5
6
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operating
3720
DE
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2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
We succeeded in enhancing customer relationships with multiple commercial and government customers.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_6
7
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operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
In fiscal 2020, we were awarded a new $118 million contract from the Naval Air Systems Command in support of the U.S. Marine Corps for the procurement, modification and delivery of two C-40 aircraft.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_7
8
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operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
This award demonstrates the power of our integrated services model by combining the strengths of our parts supply, government programs, MRO, and engineering teams to deliver a creative solution to the U.S. Marine Corps.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_8
9
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operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
We were also awarded new long-term contracts across our parts supply activities including multiple distribution agreements for new parts and our largest commercial agreement in Japan to date covering aftermarket engine components.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_9
10
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
Our strategy to exit the capital-intensive Contractor-Owned, Contractor-Operated (“COCO”) business was also completed in fiscal 2020 as all of its assets and contracts were sold.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_10
11
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
As we continued to successfully execute on our recent contract awards over the last few years, we achieved strong sales growth through the first nine months of fiscal 2020 and were on track for a record year.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_11
12
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
Sales had increased $166.4 million or 11.2% over the prior year period primarily due to an increase in sales of $175.5 million or 12.5% in our Aviation Services segment reflecting the growth from new contract awards and successful execution across our Aviation Services activities.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_12
13
[ "AIR" ]
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operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Upon entering the fourth quarter in March, we began to see the impact of the COVID-19 pandemic on the commercial aviation industry.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_13
14
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operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
In response to the impact from COVID-19, we implemented significant actions to reduce fixed costs and overhead which included a freeze on new hiring, reducing or eliminating all non-essential spend, reducing compensation and benefits, furloughs, a reduction in force, and closure of an airframe maintenance facility.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_14
15
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
During the fourth quarter, we also exited underperforming contracts and assets across our operations and decided to exit our joint venture investment in a Malaysian landing gear wheel and brake facility.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_15
16
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Additionally, in June 2020, we decided to sell our composites manufacturing business which is consistent with our multi-year strategy to focus our portfolio on our core services offerings.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_16
17
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We have also taken actions to preserve flexibility in our liquidity.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_17
18
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
In the fourth quarter, we elected to draw down our remaining available borrowings under our Revolving Credit Facility with the majority of that additional funding remaining in our cash accounts.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_18
19
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We elected to borrow these additional amounts as a precautionary measure in light of economic and market uncertainty presented by COVID-19.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_19
20
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Over the long-term, we expect to see continued strength in our Aviation Services segment given its offerings of value-added services to both commercial and government and defense customers.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_20
21
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We believe long-term commercial aftermarket growth trends are favorable although there is uncertainty in certain fleet types as commercial operators re-evaluate their structure.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_21
22
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Our results of operations are affected by the amount of commercial aircraft flying and flight hours.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_22
23
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The current COVID-19 pandemic has decreased the amount of commercial aircraft flying and flight hours and has created significant economic disruption.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_23
24
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Business Segments Aviation Services The Aviation Services segment provides aftermarket support and services for the commercial aviation and government and defense markets and accounted for approximately 95% of our sales in fiscal 2020, 2019, and 2018.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_24
25
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
In this segment, we also provide inventory management and distribution services, MRO, and engineering services.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_25
26
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Business activities in this segment are primarily conducted through AAR Supply Chain, Inc.; AAR Government Services, Inc.; AAR Aircraft & Engine Sales & Leasing, Inc.; AAR Aircraft Services, Inc.; AAR Allen Services, Inc.; AAR Landing Gear LLC; AAR Airlift Group, Inc.; and AAR International, Inc. We sell and lease a wide variety of new, overhauled and repaired engine and airframe parts and components and aircraft to our commercial aviation and government/defense customers.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_26
27
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We provide customized flight hour component inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components in support of our airline and government customers’ maintenance activities.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_27
28
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The types of services provided under these programs include some or all of the following functions: material planning, sourcing, logistics, information and program management, and parts and component repair and overhaul.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_28
29
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We are also an authorized distributor for more than 30 product lines which include parts from over 300 Federal Supply Class codes, which we source from over 25 leading aviation original equipment manufacturers (“OEM”s).
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_29
30
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We provide fleet management and operations of customer-owned aircraft for the U.S. Department of State (“DoS”) under the INL/A WASS contract.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_30
31
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We are the prime contractor on this ten-year performance-based contract which began in fiscal 2018.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_31
32
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Our services under the contract include operating and maintaining the global DoS fleet of fixed- and rotary-wing aircraft.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_32
33
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We also provide customized performance-based supply chain logistics programs in support of the U.S. Department of Defense (“DoD”) and foreign governments.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_33
34
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The types of services provided under these programs include some or all of the following functions: material planning, sourcing, logistics, information and program management, airframe maintenance and maintenance planning, and component repair and overhaul.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_34
35
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We provide major airframe inspection, maintenance, repair and overhaul, painting services, line maintenance, airframe modifications, structural repairs, avionics service and installation, exterior and interior refurbishment, and engineering services and support for many types of commercial and military aircraft.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_35
36
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We also repair and overhaul various components, landing gears, wheels, and brakes for commercial and military aircraft.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_36
37
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We operate six airframe maintenance facilities and one landing gear overhaul facility.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_37
38
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Our landing gear overhaul facility is in Miami, Florida, where we repair and overhaul landing gear, wheels, brakes, and actuators for different types of commercial and military aircraft.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_38
39
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Our U.S. airframe maintenance facilities are in Indianapolis, Indiana; Oklahoma City, Oklahoma; Miami, Florida; and Rockford, Illinois and our Canadian airframe maintenance facilities are in Trois Rivieres, Quebec and Windsor, Ontario.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_39
40
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
In the fourth quarter of fiscal 2020, we announced our decision to close our airframe maintenance hangar in Duluth, Minnesota as the facility was only supporting a single customer and its location was not convenient for many of our customers' route networks.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_40
41
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We recognized pretax closure costs of $4.3 million in the fourth quarter primarily related to severance costs and asset impairment charges.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_41
42
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
In addition to our North American facilities, we also have an interest in a joint venture to develop and operate an airframe maintenance facility in India.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_42
43
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The facility construction is expected to be completed in fiscal 2021.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_43
44
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The majority of our product sales are made pursuant to standard commercial purchase orders.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_44
45
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Government sales are generally made under standard types of government contracts, which can include firm fixed-price contracts, cost plus fixed fee contracts, and time-and-materials contracts.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_45
46
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
For cost plus fixed fee contracts, we typically receive reimbursement of our costs, to the extent the costs are allowable under contractual and regulatory provisions, in addition to receiving a fixed fee.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_46
47
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Some of our contracts call for the performance of specified services or the delivery of specified products under indefinite delivery/indefinite quantity (“ID/IQ”) arrangements.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_47
48
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Certain inventory supply and management and performance-based logistics program agreements reflect negotiated terms and conditions.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_48
49
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
To support activities within the Aviation Services segment, we acquire aviation parts and components from domestic and foreign airlines, independent aviation service companies, aircraft leasing companies, and OEMs.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_49
50
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We have ongoing arrangements with OEMs that provide us access to parts, repair manuals, and service bulletins in support of parts manufactured by them.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_50
51
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Although the terms of each arrangement vary, they typically are made on standard OEM terms as to duration, price, and delivery.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_51
52
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
From time to time, we purchase airframes and engines for disassembly into individual parts and components.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_52
53
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Airframes and engines may also be leased to airlines on a short-term basis prior to disassembly or sale.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_53
54
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Expeditionary Services The Expeditionary Services segment primarily consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. and foreign governments and non-governmental organizations.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_54
55
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The Expeditionary Services segment accounted for approximately 5% of our sales in fiscal 2020, 2019, and 2018. Business activities in this segment are primarily conducted through AAR Manufacturing, Inc. and Brown International Corporation.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_55
56
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We design, manufacture, and repair transportation pallets and a wide variety of containers and shelters used in support of military and humanitarian tactical deployment activities.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_56
57
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The containers and shelters are used in numerous mission requirements, including armories, supply and parts storage, refrigeration systems, tactical operation centers, briefing rooms, laundry and kitchen facilities, water treatment, and sleeping quarters.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_57
58
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Shelters include both stationary and vehicle-mounted applications.We also provide engineering, design, and system integration services for specialized command and control systems.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_58
59
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We also design and manufacture advanced composite materials for commercial, business and military aircraft (“Composites”).
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_59
60
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
On June 23, 2020, we entered into a definitive agreement to sell our Composites business as this divestiture is consistent with our multi-year strategy to focus our portfolio on our core services offerings.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_60
61
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We expect the sale to close in the third quarter of calendar 2020 and will recognize a charge in the first quarter of fiscal 2021 of approximately $20 million in conjunction with the transaction.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_61
62
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Sales in this segment are generally made to customers pursuant to standard commercial purchase orders and contracts.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_62
63
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Government sales are generally made under standard types of government contracts, which can include firm fixed-price contracts, cost plus fixed fee contracts, and time-and-materials contracts.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_63
64
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Some of our contracts call for the performance of specified services or the delivery of specified products under ID/IQ arrangements, however, the majority of our products and services are procured via definite contracts.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_64
65
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Raw Materials Although we generated approximately 55% of our fiscal 2020 sales from the sale of products, we are generally engaged in only limited manufacturing activities and have minimal exposure to fluctuations in both the availability and pricing of raw materials.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_65
66
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We purchase raw materials for our manufacturing operations, including steel, aluminum, extrusions, balsa, and other necessary supplies from several vendors.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_66
67
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Where necessary, we have been able to obtain raw materials and other inventory items from numerous sources for each segment at competitive prices, terms, and conditions, and we expect to be able to continue to do so.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_67
68
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Terms of Sale We generally sell our products and services under standard 30-day payment terms.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_68
69
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
On occasion, certain customers will negotiate extended payment terms of 60-90 days.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_69
70
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Except for customary warranty provisions, customers neither have the right to return products nor do they have the right to extended financing.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_70
71
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Our government contracts may extend several years and include one or more base years and one or more option years.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_71
72
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The government generally has the right not to exercise options to extend or expand our contracts and may otherwise terminate, cancel, or modify some contracts at its convenience.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_72
73
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Customers The principal customers for our products and services in the Aviation Services segment are domestic and foreign passenger airlines, domestic and foreign cargo airlines, regional and commuter airlines, business and general aviation operators, OEMs, aircraft leasing companies, aftermarket aviation support companies, the DoD and its contractors, the DoS, and foreign military organizations or governments.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_73
74
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
In the Expeditionary Services segment, our principal customers include the DoD and its contractors, foreign military organizations or governments, defense organizations, and OEMs.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_74
75
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Sales of aviation products and services to our commercial airline customers are generally affected by such factors as the number, type and average age of aircraft in service, the levels of aircraft utilization (e.g., frequency of schedules, flying hours, and take-off and landing cycles), the number of airline operators, the general economy, and the level of sales of new and used aircraft.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_75
76
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
Sales to the DoD and other government agencies are subject to a number of factors, including the level of troop deployment worldwide, government funding, competitive bidding, and requirements generated by worldwide geopolitical events.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_76
77
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We primarily market and sell products and services through our own employees.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_77
78
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
In certain markets outside of the United States, we rely on foreign sales representatives to assist in the sale of our products and services.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_78
79
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Sales to Government and Defense Customers Sales to global government and defense customers (including sales to branches, agencies, and departments of the U.S. government) were $778.8 million (37.6% of consolidated sales), $677.9 million (33.0% of consolidated sales) and $428.9 million (24.5% of consolidated sales) in fiscal 2020, 2019 and 2018, respectively.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_79
80
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Sales to branches, agencies, and departments of the U.S. government and their contractors were $668.2 million (32.2% of consolidated sales), $546.2 million (26.6% of consolidated sales) and $304.3 million (17.4% of consolidated sales) in fiscal 2020, 2019, and 2018, respectively.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_80
81
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Sales to government and defense customers are reported in each of our reportable segments (See Note 14 of Notes to Consolidated Financial Statements).
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_81
82
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Since such sales are subject to competitive bidding and government funding, no assurance can be given that such sales will continue at levels previously experienced.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_82
83
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The majority of our U.S. government sales are for products and services supporting the DoD logistics and mobility strategy and supporting DoS flight operations.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_83
84
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Thus, our government contracts have changed, and may continue to change, with fluctuations in defense and other governmental agency spending and requirements.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_84
85
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Our government contracts are also often subject to termination for convenience by the customer; in the event of such a termination, we are contractually entitled to recover all allowable costs incurred by us through the date of termination.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_85
86
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Government Regulation and Certificates The Federal Aviation Administration (“FAA”) regulates the manufacture, repair, and operation of all aircraft and aircraft parts operated in the United States.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_86
87
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Similar rules and regulatory authorities exist in other countries.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_87
88
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The inspection, maintenance and repair procedures for the various types of aircraft and equipment are prescribed by these regulatory authorities and can be performed only by certified repair facilities utilizing certified technicians.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_88
89
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
The FAA requires that various maintenance routines be performed on aircraft engines, certain engine parts, and airframes at regular intervals based on take off and landing cycles or flight time.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_89
90
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Our businesses, which sell defense products and services directly to the U.S. government or through its contractors, can be subject to various laws and regulations governing pricing and other factors.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_90
91
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We have 12 FAA certificated repair stations in the United States, Canada, and Europe.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_91
92
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Of the 12 certificated FAA repair stations, seven are also European Aviation Safety Agency (“EASA”) and three are also Transport Canada Civil Aviation (“TCCA”) certificated repair stations.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_92
93
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Such certificates, which are ongoing in duration, are required for us to perform authorized maintenance, repair, and overhaul services for our customers and are subject to revocation by the government for non-compliance with applicable regulations.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_93
94
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Of the 12 FAA certificated repair stations, 11 are in the Aviation Services segment and one is held by Composites included in our Expeditionary Services segment, which is expected to be sold in third quarter of calendar 2020.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_94
95
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
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0000001750
The EASA and TCCA certificated repair stations are in the Aviation Services segment.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_95
96
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We also have a FAR Part 135 certificate to operate aircraft, although the certificate is not active.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_96
97
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
We believe that we possess all licenses and certifications that are material to the conduct of our business.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_97
98
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Competition Competition in each of our markets is based on quality, ability to provide a broad range of products and services, speed of delivery, and price.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_98
99
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
0000001750
Competitors in our Aviation Services segment include OEMs, the service divisions of large commercial airlines, and other independent suppliers of parts, repair, and overhaul services to the commercial and defense markets.
0section_1
{ "1d": 0, "5d": 1, "30d": 0 }
2020-07-21
AAR CORP
0000001750_10-K_2020
0000001750_10-K_2020_section_1_99
100
[ "AIR" ]
[ "NYSE" ]
operating
3720
DE
1
2020-07-21T17:19:15.000Z
10-K
2020-05-31
{ "1d": { "closePriceEndDate": 19.0100002289, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-22T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.045079696 }, "5d": { "closePriceEndDate": 17.7199993134, "closePriceStartDate": 18.1900005341, "endDate": "2020-07-27T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": -0.0258384391 }, "30d": { "closePriceEndDate": 19.25, "closePriceStartDate": 18.1900005341, "endDate": "2020-08-20T00:00:00-04:00", "startDate": "2020-07-20T00:00:00-04:00", "ret": 0.0582737457 } }
End of preview.