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Investment (Income), Net (Tables)
9 Months Ended
Feb. 29, 2024
Other Income and Expenses [Abstract]  
Investment (Income), Net

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

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

February 29,

 

February 28,

 

 

February 29,

 

February 28,

 

(In thousands)

 

2024

 

2023

 

 

2024

 

2023

 

Interest (income)

 

$

(5,914

)

$

(2,266

)

 

$

(16,262

)

$

(6,805

)

Net (gain) loss on marketable securities

 

 

(10,270

)

 

429

 

 

 

(16,496

)

 

3,241

 

Dividend (income)

 

 

(2,481

)

 

(886

)

 

 

(3,635

)

 

(2,346

)

Investment (income), net

 

$

(18,665

)

$

(2,723

)

 

$

(36,393

)

$

(5,910

)

Net (Gain) Loss on Marketable Securities

Net (Gain) Loss on Marketable Securities

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

February 29,

 

February 28,

 

 

February 29,

 

February 28,

 

(In thousands)

 

2024

 

2023

 

 

2024

 

2023

 

Unrealized (gains) losses on marketable equity securities

 

$

(12,015

)

$

946

 

 

$

(18,439

)

$

3,704

 

Realized losses (gains) on marketable equity securities

 

 

1,742

 

 

(525

)

 

 

1,874

 

 

(435

)

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

 

 

3

 

 

8

 

 

 

69

 

 

(28

)

Net (gain) loss on marketable securities

 

$

(10,270

)

$

429

 

 

$

(16,496

)

$

3,241