Debt and Receivables Securitization (Tables)

12 Months Ended

May 31, 2018

Debt Disclosure [Abstract]

Summary of Long-term Debt and Short-term Borrowings Outstanding

The following table summarizes our long-term debt and short-term borrowings outstanding at May 31, 2018 and 2017:

(in thousands)	2018			2017
Short-term borrowings	$	-		$	123
4.30% senior notes due August 1, 2032		200,000			-
4.55% senior notes due April 15, 2026		250,000			250,000
4.60% senior notes due August 10, 2024		150,000			150,000
6.50% senior notes due April 15, 2020		150,000			150,000
Term loans		829			30,400
Other		3,899			668
Total debt		754,728			581,191
Unamortized discount and debt issuance costs		(4,360	)		(2,581	)
Total debt, net		750,368			578,610
Less: current maturities and short-term borrowings		1,474			6,814
Total long-term debt	$	748,894		$	571,796

Maturities on Long-term Debt

Maturities on long-term debt in the next five fiscal years, and the remaining years thereafter, are as follows:

(in thousands)
2019	$	1,474
2020		151,111
2021		639
2022		656
2023		541
Thereafter		600,307
Total	$	754,728