Investment (Income) Expense, Net

6 Months Ended

Nov. 30, 2021

Other Income and Expenses [Abstract]

Investment (Income) Expense, Net

NOTE 6 — INVESTMENT (INCOME) EXPENSE, NET

Investment (income) expense, net, consists of the following components:

	Three Months Ended						Six Months Ended
	November 30,			November 30,			November 30,			November 30,
(In thousands)	2021			2020			2021			2020
Interest (income)	$	(993	)	$	(774	)	$	(2,146	)	$	(1,441	)
Net loss (gain) on marketable securities		5,293			(8,388	)		1,817			(20,172	)
Dividend (income)		(1,484	)		(357	)		(2,605	)		(668	)
Investment (income) expense, net	$	2,816		$	(9,519	)	$	(2,934	)	$	(22,281	)

Net Loss (Gain) on Marketable Securities

	Three Months Ended						Six Months Ended
	November 30,			November 30,			November 30,			November 30,
(In thousands)	2021			2020			2021			2020
Unrealized losses (gains) on marketable equity securities	$	5,542		$	(7,863	)	$	2,324		$	(21,819	)
Realized (gains) losses on marketable equity securities		(255	)		(548	)		(524	)		1,624
Realized losses on available-for-sale debt securities		6			23			17			23
Net loss (gain) on marketable securities	$	5,293		$	(8,388	)	$	1,817		$	(20,172	)