Restructuring (Tables)

9 Months Ended

Feb. 28, 2026

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		Nine Months Ended		Cumulative Costs			Total Expected
(In thousands)	February 28, 2026		February 28, 2026		to Date			Costs
CPG Segment:
Severance and benefit costs	$	797	$	3,372	$	23,090		$	24,515
Facility closure and other related costs		932		2,816		5,194			8,555
Total Charges	$	1,729	$	6,188	$	28,284		$	33,070
PCG Segment:
Severance and benefit costs	$	63	$	3,638	$	13,976		$	13,976
Facility closure and other related costs		753		1,891		4,883			6,086
Other restructuring costs		-		-		7,092			7,092
Total Charges	$	816	$	5,529	$	25,951		$	27,154
Consumer Segment:
Severance and benefit costs	$	13	$	3,301	$	23,472		$	23,472
Facility closure and other related costs		384		1,269		4,745			4,745
Other restructuring costs		-		-		532			532
Total Charges	$	397	$	4,570	$	28,749		$	28,749
Corporate/Other:
Severance and benefit (credits)	$	-	$	-	$	(50	)	$	(50	)
Total Charges	$	-	$	-	$	(50	)	$	(50	)
Consolidated:
Severance and benefit costs	$	873	$	10,311	$	60,488		$	61,913
Facility closure and other related costs		2,069		5,976		14,822			19,386
Other restructuring costs		-		-		7,624			7,624
Total Charges	$	2,942	$	16,287	$	82,934		$	88,923

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

	Three Months Ended		Nine Months Ended
(In thousands)	February 28, 2025		February 28, 2025
CPG Segment:
Severance and benefit costs	$	759	$	2,587
Facility closure and other related costs		238		908
Total Charges	$	997	$	3,495
PCG Segment:
Severance and benefit costs	$	362	$	2,180
Facility closure and other related costs		205		1,688
Total Charges	$	567	$	3,868
Consumer Segment:
Severance and benefit costs	$	853	$	9,348
Facility closure and other related costs		1,039		1,504
Total Charges	$	1,892	$	10,852
Consolidated:
Severance and benefit costs	$	1,974	$	14,115
Facility closure and other related costs		1,482		4,100
Total Charges	$	3,456	$	18,215

The following is a summary of the charges recorded in connection with this program by reportable segment, as well as the total expected costs related to projects identified to date:

	Three Months Ended		Nine Months Ended		Cumulative Costs		Total Expected
(In thousands)	February 28, 2026		February 28, 2026		to Date		Costs
CPG Segment:
Severance and benefit costs	$	4,221	$	4,221	$	4,221	$	13,203
Facility closure and other related costs		217		217		217		217
Total Charges	$	4,438	$	4,438	$	4,438	$	13,420
PCG Segment:
Severance and benefit costs	$	4,595	$	4,595	$	4,595	$	5,172
Facility closure and other related costs		-		-		-		655
Total Charges	$	4,595	$	4,595	$	4,595	$	5,827
Consumer Segment:
Severance and benefit costs	$	5,595	$	5,595	$	5,595	$	7,454
Facility closure and other related costs		769		769		769		986
Total Charges	$	6,364	$	6,364	$	6,364	$	8,440
Corporate/Other:
Severance and benefit (credits)	$	1,516	$	1,516	$	1,516	$	1,516
Total Charges	$	1,516	$	1,516	$	1,516	$	1,516
Consolidated:
Severance and benefit costs	$	15,927	$	15,927	$	15,927	$	27,345
Facility closure and other related costs		986		986		986		1,858
Total Charges	$	16,913	$	16,913	$	16,913	$	29,203

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 November 30, 2025	$	12,289		$	-		$	12,289
Additions charged to expense		873			2,069			2,942
Cash payments charged against reserve		(4,680	)		(1,858	)		(6,538	)
Non-cash charges and other adjustments		197			-			197
Balance at February 28, 2026	$	8,679		$	211		$	8,890

(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		10,311			5,976			16,287
Cash payments charged against reserve		(14,896	)		(6,154	)		(21,050	)
Non-cash charges and other adjustments		209			(43	)		166
Balance at February 28, 2026	$	8,679		$	211		$	8,890

(In thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Total
Balance at November 30, 2024	$	17,625		$	289		$	17,914
Additions charged to expense		1,974			1,482			3,456
Cash payments charged against reserve		(5,033	)		(1,759	)		(6,792	)
Non-cash charges and other adjustments		(383	)		-			(383	)
Balance at February 28, 2025	$	14,183		$	12		$	14,195

(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		14,115			4,100			18,215
Cash payments charged against reserve		(16,436	)		(4,106	)		(20,542	)
Non-cash charges and other adjustments		(847	)		-			(847	)
Balance at February 28, 2025	$	14,183		$	12		$	14,195