Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Nov. 30, 2022

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 income (loss), net of tax:

(In thousands)	Foreign Currency		Unrealized Income on Interest Rate Locks		Other		Total
Balance at June 1, 2022	$	17,006	$	92,688	$	(1,777)	$	107,917
Other comprehensive (loss) income before reclassifications	(19,206)		934		—		(18,272)
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(1,521)		—		(1,521)
Net current period other comprehensive loss	(19,206)		(587)		—		(19,793)
Balance at August 31, 2022	(2,200)		92,101		(1,777)		88,124
Other comprehensive (loss) income before    reclassifications	(9,901)		7,394		—		(2,507)
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(1,521)		—		(1,521)
Net current period other comprehensive (loss) income	(9,901)		5,873		—		(4,028)
Balance at November 30, 2022	$	(12,101)	$	97,974	$	(1,777)	$	84,096

(In thousands)	Foreign Currency		Unrealized Loss on Interest Rate Locks		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 income (loss)	—		(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)
Other comprehensive (loss) income before    reclassifications	(7,472)		10,940		—		3,468
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(460)		—		(460)
Net current period other comprehensive (loss) income	(7,472)		10,480		—		3,008
Balance at November 30, 2021	$	10,351	$	(33,966)	$	(3,643)	$	(27,258)

The following table summarizes the reclassifications out of accumulated other comprehensive income (loss):

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other  Comprehensive Income (Loss)								Affected Line in the Consolidated Condensed Statements of Income
	Three Months Ended				Six Months Ended
(In thousands)	November 30, 2022		November 30, 2021		November 30, 2022		November 30, 2021
Amortization of interest rate locks	$	2,034	$	608	$	4,067	$	1,215	Interest expense
Tax expense	(513)		(148)		(1,025)		(296)		Income taxes
Amortization of interest rate locks, net of tax	$	1,521	$	460	$	3,042	$	919