Leases (Tables)

12 Months Ended

May 31, 2021

The table below presents the lease-related assets and liabilities recorded on the balance sheet.

	Classification on Balance Sheet	May 31, 2021		May 31, 2020
Assets
Operating lease, right-of- use assets	Right of use assets	$	18,267	$	5,356
Finance lease, right-of-use assets	Capital assets		34,726		—
Total right-of-use asset		$	52,993	$	5,356
Liabilities
Current:
Operating lease liability	Accrued lease obligations - current	$	3,613	$	954
Finance lease liability	Accrued lease obligations - current		651		—
Non-current:
Operating lease liability	Accrued lease obligations - non-current		18,465		4,227
Finance lease liability	Accrued lease obligations - non-current		35,481		—
Total lease liabilities		$	58,210	$	5,181

The table below presents certain information related to the lease costs for finance and operating leases.

	May 31, 2021		May 31, 2020
Finance lease cost:
Amortization of right-of-use assets	$	806	$	—
Interest on lease liabilities		765		—
Operating lease cost		1,374		1,128
Total lease cost	$	2,945	$	1,128

The table below presents supplemental cash flow information related to leases.

	May 31, 2021		May 31, 2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,466	$	994
Operating cash flows from finance leases		774		—
Financing cash flows from finance leases		231		—

The following table presents the future undiscounted payment associated with lease liabilities as of May 31, 2021:

	Year ending May 31,
	Operating leases			Finance leases
2022		7,824			2,404
2023		4,272			7,183
2024		3,925			2,061
2025		3,023			2,122
2026		2,964			2,186
Thereafter		4,102			39,586
Total minimum lease payments	$	26,110		$	55,542
Less: amounts of leases related to interest payments		(419	)		(18,759	)
Present value of minimum lease payments		25,691			36,783
Less: current accrued lease obligation		(3,613	)		(651	)
Obligation recognized	$	22,078		$	36,132