Leases (Tables)

6 Months Ended

Nov. 30, 2019

Schedule of Future Undiscounted Cash Flows and Reconciliation to Lease Liabilities

The following represents our future undiscounted cash flows for each of the next five years and thereafter and reconciliation to the lease liabilities, as of November 30, 2019:

Year ending May 31,	Operating Leases
(In thousands)
2020 (excluding the six months ended November 30)	$	31,980
2021		55,648
2022		44,471
2023		34,573
2024		28,663
Thereafter		162,830
Total lease payments	$	358,165
Less imputed interest		63,300
Total present value of lease liabilities	$	294,865

Future Minimum Lease Commitments under Non-Cancelable Lease Agreements

Following is a summary of our future minimum lease commitments, as determined under ASC 840, for all non-cancelable lease agreements, for each of the next five years and in the aggregate, as of May 31, 2019:

Year ending May 31,	Operating Leases
(In thousands)
2020	$	59,163
2021		49,731
2022		40,339
2023		32,798
2024		27,716
Thereafter		119,607
Total lease payments	$	329,354