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Revenue (Tables)
3 Months Ended
Aug. 31, 2025
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)

 

August 31, 2025

 

 

May 31, 2025

 

 

$ Change

 

 

% Change

 

Trade accounts receivable, less allowances

 

$

1,472,993

 

 

$

1,509,109

 

 

$

(36,116

)

 

 

(2.4

%)

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract assets

 

$

99,825

 

 

$

72,949

 

 

$

26,876

 

 

 

36.8

%

Contract liabilities - short-term

 

 

(61,354

)

 

 

(56,634

)

 

 

(4,720

)

 

 

8.3

%

Net Contract Assets

 

$

38,471

 

 

$

16,315

 

 

$

22,156

 

 

 

 

Summary of Activity for Allowance for Credit Losses

The following tables summarize the activity for the allowance for credit losses:

 

Three Months Ended

 

 

August 31,

 

August 31,

 

(In thousands)

2025

 

2024

 

Beginning Balance

$

42,844

 

$

48,763

 

Bad debt provision

 

1,394

 

 

947

 

Uncollectible accounts written off, net of recoveries

 

(2,048

)

 

(786

)

Translation adjustments

 

316

 

 

182

 

Ending Balance

$

42,506

 

$

49,106