Revenue (Tables)

6 Months Ended

Nov. 30, 2021

Revenue from Contract with Customer [Abstract]

Trade Accounts Receivable Net of Allowances and Net Contract Assets

Trade accounts receivable, net of allowances, and net contract assets consisted of the following:

(In thousands, except percentages)	November 30, 2021			August 31, 2021			$ Change			% Change
Trade accounts receivable, less allowances	$	1,173,494		$	1,171,914		$	1,580			0.1	%
Contract assets	$	47,615		$	45,310		$	2,305			5.1	%
Contract liabilities - short-term		(36,279	)		(35,155	)		(1,124	)		3.2	%
Net Contract Assets	$	11,336		$	10,155		$	1,181			11.6	%
(In thousands, except percentages)	November 30, 2021			May 31, 2021			$ Change			% Change
Trade accounts receivable, less allowances	$	1,173,494		$	1,280,806		$	(107,312	)		-8.4	%
Contract assets	$	47,615		$	33,217		$	14,398			43.3	%
Contract liabilities - short-term		(36,279	)		(33,112	)		(3,167	)		9.6	%
Net Contract Assets	$	11,336		$	105		$	11,231

Summary of Activity for Allowance for Credit Losses

The following tables summarize the activity for the allowance for credit losses for the three and six months ended November 30, 2021 and 2020:

	Three Months Ended						Six Months Ended
	November 30,			November 30,			November 30,			November 30,
(In thousands)	2021			2020			2021			2020
Beginning Balance	$	52,181		$	55,927		$	55,922		$	55,847
Bad debt provision		869			(106	)		2,074			1,168
Uncollectible accounts written off, net of recoveries		(812	)		(2,493	)		(4,899	)		(5,347	)
Translation adjustments		(1,306	)		214			(2,165	)		1,874
Ending Balance	$	50,932		$	53,542		$	50,932		$	53,542