Restructuring and Other Expense, Net

3 Months Ended

Aug. 31, 2020

Restructuring And Related Activities [Abstract]

Restructuring and Other Expense, Net

NOTE F – Restructuring and Other Expense, Net

We consider restructuring activities to be programs whereby we fundamentally change our operations, such as closing and consolidating manufacturing facilities or moving manufacturing of a product to another location.  Restructuring activities may also involve substantial realignment of the management structure of a business unit in response to changing market conditions.

A progression of the liabilities associated with our restructuring activities, combined with a reconciliation to the restructuring and other expense, net financial statement caption, in our consolidated statement of earnings is summarized below for the period presented:

	Balance, as of										Balance, as of
(in thousands)	May 31, 2020		Expense		Payments			Adjustments			August 31, 2020
Early retirement and severance	$	6,536	$	1,033	$	(3,675	)	$	(102	)	$	3,792
Facility exit and other costs		156		815		(214	)		22			779
	$	6,692	$	1,848	$	(3,889	)	$	(80	)	$	4,571

The total liability associated with our restructuring activities as of August 31, 2020 is expected to be paid in the next twelve months.