XML 92 R77.htm IDEA: XBRL DOCUMENT v3.23.2
Reconciliation of Income Tax Expense (Benefit) Computed by Applying U.S. Statutory Federal Income Tax Rate against Income (Loss) before Income Taxes to Provision (Benefit) for Income Taxes (Detail) - USD ($)
$ in Thousands
12 Months Ended
May 31, 2023
May 31, 2022
May 31, 2021
Income Tax Disclosure [Abstract]      
Income tax expense at the U.S. statutory federal income tax rate $ 136,370 $ 127,428 $ 140,372
Foreign rate differential and other foreign tax adjustments 1,535 6,278 11,942
State and local income taxes, net 22,017 20,393 18,625
Impact of GILTI provisions 4,217 1,709 1,598
Nondeductible business expense 1,257 532 616
Valuation allowance (1,199) (32,720) (4,389)
Deferred tax liability for unremitted foreign earnings   (10,686) 5,348
Changes in unrecognized tax benefits (3,334) (1,682) (1,847)
Equity-based compensation (3,482) (1,776) (8,651)
Nondeductible goodwill impairment 7,264    
Other 2,608 4,857 1,324
Provision for Income Taxes $ 169,651 $ 114,333 $ 164,938
Effective Income Tax Rate 26.10% 18.80% 24.70%