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Investment (Income) Expense, Net (Tables)
6 Months Ended
Nov. 30, 2022
Other Income and Expenses [Abstract]  
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)

 

2022

 

2021

 

 

2022

 

2021

 

Interest (income)

 

$

(2,389

)

$

(993

)

 

$

(4,539

)

$

(2,146

)

Net (gain) loss on marketable securities

 

 

(3,794

)

 

5,293

 

 

 

2,812

 

 

1,817

 

Dividend (income)

 

 

(668

)

 

(1,484

)

 

 

(1,460

)

 

(2,605

)

Investment (income) expense, net

 

$

(6,851

)

$

2,816

 

 

$

(3,187

)

$

(2,934

)

Net (Gain) Loss on Marketable Securities

Net (Gain) Loss on Marketable Securities

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

November 30,

 

November 30,

 

 

November 30,

 

November 30,

 

(In thousands)

 

2022

 

2021

 

 

2022

 

2021

 

Unrealized (gains) losses on marketable equity securities

 

$

(3,754

)

$

5,542

 

 

$

2,759

 

$

2,324

 

Realized (gains) losses on marketable equity securities

 

 

(40

)

 

(255

)

 

 

89

 

 

(524

)

Realized losses (gains) on available-for-sale debt securities

 

 

-

 

 

6

 

 

 

(36

)

 

17

 

Net (gain) loss on marketable securities

 

$

(3,794

)

$

5,293

 

 

$

2,812

 

$

1,817