Fair Value Measurements (Tables)

9 Months Ended

Feb. 28, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Instruments Measured on a Recurring Basis

These financial instruments measured at fair value on a recurring basis are summarized below: 

	As of February 28, 2022
(In thousands)	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	84,136	$	—	$	—	$	84,136
Prepaid expenses and other current assets:
Interest rate lock agreements	—		22,645		—		22,645
Other assets, net:
Interest rate lock agreements	—		21,370		—		21,370
Total assets at fair value	$	84,136	$	44,015	$	—	$	128,151
Current accrued liabilities:
Interest rate lock agreements	$	—	$	52,540	$	—	$	52,540
Long-term accrued liabilities:
Interest rate lock agreements	—		793		—		793
Total liabilities at fair value	$	—	$	53,333	$	—	$	53,333

	As of May 31, 2021
(In thousands)	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	493,640	$	—	$	—	$	493,640
Other assets, net:
Interest rate lock agreements	—		40,400		—		40,400
Total assets at fair value	$	493,640	$	40,400	$	—	$	534,040
Long-term accrued liabilities:
Interest rate lock agreements	$	—	$	61,567	$	—	$	61,567
Total liabilities at fair value	$	—	$	61,567	$	—	$	61,567