XML 48 R33.htm IDEA: XBRL DOCUMENT v3.19.2
Fair Value Disclosures (Tables)
12 Months Ended
May 31, 2019
Fair Value Disclosures [Abstract]  
Summary of Financial Instruments Measured at Fair Value on a Recurring Basis
These financial instruments measured at fair value on a recurring basis are summarized below:
 
As of May 31, 2019
(In thousands)
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
96,645

 
$

 
$

 
$
96,645

Total assets at fair value
$
96,645

 
$

 
$

 
$
96,645

 
 
 
 
 
 
 
 
Long-term accrued liabilities:
 
 
 
 
 
 
 
  Interest rate lock agreements
$

 
$
36,393

 
$

 
$
36,393

Total liabilities at fair value
$

 
$
36,393

 
$

 
$
36,393

 
As of May 31, 2018
(In thousands)
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
138,724

 
$

 
$

 
$
138,724

Total assets at fair value
$
138,724

 
$

 
$

 
$
138,724