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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
May 31, 2018
Quarterly Financial Data [Abstract]  
Summary of Results of Operations for Each Quarter
The following is a summary of the results of operation for each of the quarters within the fiscal years ended May 31, 2018 and 2017:
May 31, 2018 (in thousands)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 
 
 
Revenue
$
1,611,503

 
$
1,606,441

 
$
1,589,138

 
$
1,669,550

Gross margin
$
739,353

 
$
716,369

 
$
700,463

 
$
752,338

Net income, continuing operations
$
161,108

 
$
137,737

 
$
295,789

 
$
189,298

Basic earnings per share, continuing operations
$
1.50

 
$
1.27

 
$
2.73

 
$
1.74

Diluted earnings per share, continuing operations
$
1.45

 
$
1.24

 
$
2.66

 
$
1.68

Weighted average number of shares outstanding
105,740

 
106,340

 
106,558

 
106,593


May 31, 2017 (in thousands)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 
 
 
Revenue
$
1,266,650

 
$
1,271,077

 
$
1,255,367

 
$
1,530,287

Gross margin
$
576,427

 
$
565,218

 
$
559,924

 
$
678,726

Net income, continuing operations
$
136,208

 
$
121,950

 
$
116,954

 
$
82,174

Basic earnings per share, continuing operations
$
1.27

 
$
1.15

 
$
1.09

 
$
0.76

Diluted earnings per share, continuing operations
$
1.24

 
$
1.12

 
$
1.06

 
$
0.75

Weighted average number of shares outstanding
104,483

 
104,957

 
105,093

 
105,325