Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Aug. 31, 2021

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following tables summarize the changes in the accumulated balances for each component of accumulated other comprehensive (loss) income, net of tax:

(In thousands)	Foreign Currency		Unrealized Loss on Interest Rate Hedges		Other		Total
Balance at June 1, 2021	$	41,839	$	(7,308)	$	(3,643)	$	30,888
Other comprehensive loss before reclassifications	(24,016)		(36,679)		—		(60,695)
Amounts reclassified from accumulated other    comprehensive (loss) income	—		(459)		—		(459)
Net current period other comprehensive loss	(24,016)		(37,138)		—		(61,154)
Balance at August 31, 2021	$	17,823	$	(44,446)	$	(3,643)	$	(30,266)

(In thousands)	Foreign Currency		Unrealized Loss on Interest Rate Hedges		Other		Total
Balance at June 1, 2020	$	(26,343)	$	(112,718)	$	(14,319)	$	(153,380)
Other comprehensive income before reclassifications	26,946		10,842		—		37,788
Amounts reclassified from accumulated other comprehensive (loss) income	—		(358)		—		(358)
Net current period other comprehensive income	26,946		10,484		—		37,430
Balance at August 31, 2020	$	603	$	(102,234)	$	(14,319)	$	(115,950)

The following table summarizes the reclassifications out of accumulated other comprehensive (loss) income for the three months ended August 31:

Details about Accumulated Other Comprehensive (Loss) Income Components	Amount Reclassified from Accumulated Other  Comprehensive (Loss) Income				Affected Line in the Consolidated Condensed Statements of Income
(In thousands)	2021		2020
Amortization of interest rate locks	$	607	$	474	Interest expense
Tax expense	(148)		(116)		Income taxes
Amortization of interest rate locks,    net of tax	$	459	$	358