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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
May 31, 2022
May 31, 2021
May 31, 2020
Cash Flows From Operating Activities:      
Net Income $ 492,466 $ 503,500 $ 305,082
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation & Amortization 153,074 146,857 156,842
Restructuring charges, net of payments (2,516) (2,909) 6,831
Fair value adjustments to contingent earnout obligations 3,253 (582) 680
Deferred income taxes (25,067) 20,188 (12,150)
Stock-based compensation expense 40,114 40,926 19,789
Net loss (gain) on marketable securities 17,706 (38,774) (1,132)
Net (gain) on sales of assets (51,983)    
Other (66) (2,340) (77)
Changes in assets and liabilities, net of effect from purchases and sales of businesses:      
(Increase) decrease in receivables (187,299) (88,618) 82,060
(Increase) decrease in inventory (304,197) (68,802) 21,309
(Increase) decrease in prepaid expenses and other current and long-term assets (13,040) (11,457) 17,614
Increase (decrease) in accounts payable 101,223 151,388 (27,111)
Increase (decrease) in accrued compensation and benefits 9,737 62,966 (6,198)
(Decrease) increase in accrued losses (3,956) 8,510 487
(Decrease) increase in other accrued liabilities (50,718) 43,010 (23,665)
Other   2,293 9,558
Cash Provided By Operating Activities 178,731 766,156 549,919
Cash Flows From Investing Activities:      
Capital expenditures (222,403) (157,199) (147,756)
Acquisition of businesses, net of cash acquired (127,457) (165,223) (65,102)
Purchase of marketable securities (15,032) (121,669) (28,891)
Proceeds from sales of marketable securities 21,533 112,298 31,337
Proceeds from sales of assets 76,590    
Other 7,222 5,405 799
Cash (Used For) Investing Activities (259,547) (326,388) (209,613)
Cash Flows From Financing Activities:      
Additions to long-term and short-term debt 437,564   485,306
Reductions of long-term and short-term debt (101,505) (188,278) (471,035)
Cash dividends (204,394) (194,720) (185,101)
Repurchase of common stock (52,500) (49,956) (125,000)
Shares of common stock returned for taxes (11,549) (22,826) (18,075)
Payments of acquisition-related contingent consideration (5,774) (2,218) (606)
Other (4,452) (1,621) (2,359)
Cash Provided By (Used For) Financing Activities 57,390 (459,619) (316,870)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (21,606) 33,139 (13,188)
Net Change in Cash and Cash Equivalents (45,032) 13,288 10,248
Cash and Cash Equivalents at Beginning of Period 246,704 233,416 223,168
Cash and Cash Equivalents at End of Period 201,672 246,704 233,416
Cash paid during the year for:      
Interest 81,838 82,440 103,143
Income taxes, net of refunds 172,254 147,436 102,892
Supplemental Disclosures of Non-Cash Investing and Financing Activities:      
Capital expenditures accrued within accounts payable at year-end $ 27,237 $ 29,848 $ 27,294