Restructuring (Tables)

6 Months Ended

Nov. 30, 2025

Restructuring and Related Activities [Abstract]

Summary of Charges Recorded in Connection with Restructuring by Reportable Segment

Following is a summary of the charges recorded in connection with MAP 2025 by reportable segment, as well as the total expected costs related to projects identified to date:

	Three Months Ended		Six Months Ended		Cumulative Costs			Total Expected
(In thousands)	November 30, 2025		November 30, 2025		to Date			Costs
CPG Segment:
Severance and benefit costs	$	634	$	2,575	$	22,293		$	24,571
Facility closure and other related costs		1,229		1,884		4,262			9,097
Total Charges	$	1,863	$	4,459	$	26,555		$	33,668
PCG Segment:
Severance and benefit costs	$	268	$	3,575	$	13,913		$	14,050
Facility closure and other related costs		502		1,138		4,130			5,112
Other restructuring costs		-		-		7,092			7,092
Total Charges	$	770	$	4,713	$	25,135		$	26,254
Consumer Segment:
Severance and benefit costs	$	1,460	$	3,288	$	23,459		$	23,459
Facility closure and other related costs		438		885		4,361			4,561
Other restructuring costs		-		-		532			532
Total Charges	$	1,898	$	4,173	$	28,352		$	28,552
Corporate/Other:
Severance and benefit (credits)	$	-	$	-	$	(50	)	$	(50	)
Total Charges	$	-	$	-	$	(50	)	$	(50	)
Consolidated:
Severance and benefit costs	$	2,362	$	9,438	$	59,615		$	62,030
Facility closure and other related costs		2,169		3,907		12,753			18,770
Other restructuring costs		-		-		7,624			7,624
Total Charges	$	4,531	$	13,345	$	79,992		$	88,424

Following is a summary of the charges recorded in connection with MAP 2025 by reportable segment:

	Three Months Ended		Six Months Ended
(In thousands)	November 30, 2024		November 30, 2024
CPG Segment:
Severance and benefit costs	$	938	$	1,828
Facility closure and other related costs		294		670
Total Charges	$	1,232	$	2,498
PCG Segment:
Severance and benefit costs	$	1,336	$	1,818
Facility closure and other related costs		1,142		1,483
Total Charges	$	2,478	$	3,301
Consumer Segment:
Severance and benefit costs	$	3,408	$	8,495
Facility closure and other related costs		439		465
Total Charges	$	3,847	$	8,960
Consolidated:
Severance and benefit costs	$	5,682	$	12,141
Facility closure and other related costs		1,875		2,618
Total Charges	$	7,557	$	14,759

Summary of Activity in Restructuring Reserves

A summary of the activity in the restructuring reserves related to MAP 2025 is as follows:

(in thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Total
Balance at August 31, 2025	$	15,033		$	434		$	15,467
Additions charged to expense		2,362			2,169			4,531
Cash payments charged against reserve		(4,930	)		(2,643	)		(7,573	)
Non-cash charges and other adjustments		(176	)		40			(136	)
Balance at November 30, 2025	$	12,289		$	-		$	12,289

(In thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Total
Balance at June 1, 2025	$	13,055		$	432		$	13,487
Additions charged to expense		9,438			3,907			13,345
Cash payments charged against reserve		(10,216	)		(4,296	)		(14,512	)
Non-cash charges and other adjustments		12			(43	)		(31	)
Balance at November 30, 2025	$	12,289		$	-		$	12,289

(In thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Total
Balance at August 31, 2024	$	16,611		$	25		$	16,636
Additions charged to expense		5,682			1,875			7,557
Cash payments charged against reserve		(3,960	)		(1,611	)		(5,571	)
Non-cash charges and other adjustments		(708	)		-			(708	)
Balance at November 30, 2024	$	17,625		$	289		$	17,914

(In thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Total
Balance at June 1, 2024	$	17,351		$	18		$	17,369
Additions charged to expense		12,141			2,618			14,759
Cash payments charged against reserve		(11,403	)		(2,347	)		(13,750	)
Non-cash charges and other adjustments		(464	)		-			(464	)
Balance at November 30, 2024	$	17,625		$	289		$	17,914