Fair Value Disclosures (Tables)

12 Months Ended

May 31, 2023

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, 2023
(In thousands)	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	124,149	$	—	$	—	$	124,149
Other assets, net:
Interest rate lock agreements	—		70,449		—		70,449
Total assets at fair value	$	124,149	$	70,449	$	—	$	194,598

	As of May 31, 2022
(In thousands)	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	90,471	$	—	$	—	$	90,471
Other assets, net:
Interest rate lock agreements	—		56,877		—		56,877
Total assets at fair value	$	90,471	$	56,877	$	—	$	147,348