Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
Aug. 31, 2020	Aug. 31, 2019
Cash Flows From Operating Activities:
Net Income	$ 180,785	$ 106,496
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization	35,317	35,839
Restructuring charges, net of payments	(1,972)	611
Fair value adjustments to contingent earnout obligations	2,712
Deferred income taxes	1,938	(4,580)
Stock-based compensation expense	10,457	6,560
Net (gain) on marketable securities	(11,784)	(2,854)
Other	(10)	250
Changes in assets and liabilities, net of effect from purchases and sales of businesses:
Decrease in receivables	692	116,349
Decrease (increase) in inventory	43,395	(22,640)
(Increase) in prepaid expenses and other current and long-term assets	(5,526)	(5,801)
Increase (decrease) in accounts payable	4,945	(63,831)
(Decrease) in accrued compensation and benefits	(55,368)	(73,180)
Increase in accrued losses	1,936	404
Increase in other accrued liabilities	109,399	50,588
Other	1,173	928
Cash Provided By Operating Activities	318,089	145,139
Cash Flows From Investing Activities:
Capital expenditures	(41,488)	(36,602)
Acquisition of businesses, net of cash acquired		(30,598)
Purchase of marketable securities	(17,104)	(9,996)
Proceeds from sales of marketable securities	16,070	2,837
Other	244	(97)
Cash (Used For) Investing Activities	(42,278)	(74,456)
Cash Flows From Financing Activities:
Additions to long-term and short-term debt	136	75,718
Reductions of long-term and short-term debt	(213,090)	(874)
Cash dividends	(46,622)	(45,323)
Repurchases of common stock		(100,000)
Shares of common stock returned for taxes	(7,115)	(6,127)
Payments of acquisition-related contingent consideration	(2,217)	(131)
Other		(295)
Cash (Used For) Financing Activities	(268,908)	(77,032)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	11,446	(4,728)
Net Change in Cash and Cash Equivalents	18,349	(11,077)
Cash and Cash Equivalents at Beginning of Period	233,416	223,168
Cash and Cash Equivalents at End of Period	251,765	212,091
Cash paid during the period for:
Interest	17,566	18,485
Income Taxes, net of refunds	$ 16,845	$ 11,295

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No definition available.

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