Debt and Receivables Securitization (Tables)

12 Months Ended

May 31, 2019

Debt Disclosure [Abstract]

Summary of Long-term Debt and Short-term Borrowings Outstanding

The following table summarizes our long-term debt and short-term borrowings outstanding at May 31, 2019 and 2018:

(in thousands)	2019			2018
4.30% senior notes due August 1, 2032	$	200,000		$	200,000
4.55% senior notes due April 15, 2026		250,000			250,000
4.60% senior notes due August 10, 2024		150,000			150,000
6.50% senior notes due April 15, 2020		150,000			150,000
Term loans		-			829
Other		3,100			3,899
Total debt		753,100			754,728
Unamortized discount and debt issuance costs		(3,801	)		(4,360	)
Total debt, net		749,299			750,368
Less: current maturities and short-term borrowings		150,943			1,474
Total long-term debt	$	598,356		$	748,894

Maturities of Long-term Debt

Maturities of long-term debt in the next five fiscal years, and the remaining years thereafter, are as follows:

(in thousands)
2020	$	150,942
2021		631
2022		648
2023		533
2024		300
Thereafter		600,046
Total	$	753,100