Investment (Income), Net

6 Months Ended

Nov. 30, 2024

Other Income and Expenses [Abstract]

Investment (Income), Net

NOTE 5 — INVESTMENT (INCOME), NET

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

	Three Months Ended						Six Months Ended
	November 30,			November 30,			November 30,			November 30,
(In thousands)	2024			2023			2024			2023
Interest (income)	$	(3,080	)	$	(4,897	)	$	(7,063	)	$	(10,348	)
Net (gain) loss on marketable securities		(4,713	)		225			(10,684	)		(6,226	)
Dividend (income)		(733	)		(617	)		(1,805	)		(1,154	)
Investment (income), net	$	(8,526	)	$	(5,289	)	$	(19,552	)	$	(17,728	)

Net (Gain) Loss on Marketable Securities

	Three Months Ended					Six Months Ended
	November 30,			November 30,		November 30,			November 30,
(In thousands)	2024			2023		2024			2023
Unrealized (gains) losses on marketable equity securities	$	(4,727	)	$	103	$	(10,505	)	$	(6,424	)
Realized (gains) losses on marketable equity securities		(70	)		87		(265	)		132
Realized losses on available-for-sale debt securities		84			35		86			66
Net (gain) loss on marketable securities	$	(4,713	)	$	225	$	(10,684	)	$	(6,226	)