Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Feb. 29, 2024

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, 2023	$	(17,001)	$	96,714	$	(1,935)	$	77,778
Other comprehensive income before reclassifications	2,634		8,199		—		10,833
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(1,442)		—		(1,442)
Net current period other comprehensive income	2,634		6,757		—		9,391
Balance at August 31, 2023	(14,367)		103,471		(1,935)		87,169
Other comprehensive (loss) income before    reclassifications	(1,813)		9,099		379		7,665
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(1,495)		—		(1,495)
Net current period other comprehensive (loss) income	(1,813)		7,604		379		6,170
Balance at November 30, 2023	(16,180)		111,075		(1,556)		93,339
Other comprehensive loss before reclassifications	(450)		(5,042)		—		(5,492)
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(1,524)		—		(1,524)
Net current period other comprehensive loss	(450)		(6,566)		—		(7,016)
Balance at February 29, 2024	$	(16,630)	$	104,509	$	(1,556)	$	86,323

(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
Other comprehensive (loss) income before    reclassifications	(7,972)		1,501		—		(6,471)
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(1,521)		—		(1,521)
Net current period other comprehensive loss	(7,972)		(20)		—		(7,992)
Balance at February 28, 2023	$	(20,073)	$	97,954	$	(1,777)	$	76,104

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				Nine Months Ended
(In thousands)	February 29, 2024		February 28, 2023		February 29, 2024		February 28, 2023
Amortization of interest    rate locks	$	2,037	$	2,033	$	5,964	$	6,100	Interest expense
Tax expense	(513)		(512)		(1,503)		(1,537)		Income taxes
Amortization of interest rate locks, net of tax	$	1,524	$	1,521	$	4,461	$	4,563