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Income Taxes	9 Months Ended
Feb. 28, 2021
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 8 — INCOME TAXES The effective income tax rate of 31.1% for the three months ended February 28, 2021 compares to the effective income tax rate of 25.9% for the three months ended February 29, 2020. The effective income tax rate for the three months ended February 28, 2021 and February 29, 2020 reflect variances from the 21% statutory rate due primarily to the unfavorable impact of state and local income taxes, non-deductible business expenses, the net tax on foreign subsidiary income resulting from the global intangible low-taxed income provisions and an increase in valuation allowances related to foreign net operating losses. Additionally, during the three-month period ended February 28, 2021, we recorded a $5.3 million discrete charge for an increase to our deferred income tax liability for withholding taxes on additional unremitted foreign earnings not considered permanently reinvested. The effective income tax rate of 25.2% for the nine months ended February 28, 2021 compares to the effective income tax rate of 24.9% for the nine months ended February 29, 2020. The effective income tax rate for the nine months ended February 28, 2021 and February 29, 2020 reflect variances from the 21% statutory rate due primarily to the unfavorable impact of state and local income taxes, non-deductible business expenses, the net tax on foreign subsidiary income resulting from the global intangible low-taxed income provisions and an increase in valuation allowances related to foreign net operating losses, partially offset by tax benefits associated with equity compensation. The nine- month period ended February 28, 2021 also reflects the above noted $5.3 million charge related to foreign earnings not permanently reinvested. Our deferred tax liability for unremitted foreign earnings was $17.7 million as of February 28, 2021, which represents our estimate of the foreign tax cost associated with the deemed remittance of $620.7 million of foreign earnings that are not considered to be permanently reinvested. We have not provided for foreign withholding or income taxes on the remaining foreign subsidiaries’ undistributed earnings because such earnings have been retained and reinvested by the subsidiaries as of February 28, 2021. Accordingly, no provision has been made for foreign withholding or income taxes, which may become payable if the remaining undistributed earnings of foreign subsidiaries were remitted to us as dividends.

Income Taxes

9 Months Ended

Feb. 28, 2021

NOTE 8 — INCOME TAXES

The effective income tax rate of 31.1% for the three months ended February 28, 2021 compares to the effective income tax rate of 25.9% for the three months ended February 29, 2020. The effective income tax rate for the three months ended February 28, 2021 and February 29, 2020 reflect variances from the 21% statutory rate due primarily to the unfavorable impact of state and local income taxes, non-deductible business expenses, the net tax on foreign subsidiary income resulting from the global intangible low-taxed income provisions and an increase in valuation allowances related to foreign net operating losses. Additionally, during the three-month period ended February 28, 2021, we recorded a $5.3 million discrete charge for an increase to our deferred income tax liability for withholding taxes on additional unremitted foreign earnings not considered permanently reinvested.

The effective income tax rate of 25.2% for the nine months ended February 28, 2021 compares to the effective income tax rate of 24.9% for the nine months ended February 29, 2020. The effective income tax rate for the nine months ended February 28, 2021 and February 29, 2020 reflect variances from the 21% statutory rate due primarily to the unfavorable impact of state and local income taxes, non-deductible business expenses, the net tax on foreign subsidiary income resulting from the global intangible low-taxed income provisions and an increase in valuation allowances related to foreign net operating losses, partially offset by tax benefits associated with equity compensation. The nine- month period ended February 28, 2021 also reflects the above noted $5.3 million charge related to foreign earnings not permanently reinvested.

Our deferred tax liability for unremitted foreign earnings was $17.7 million as of February 28, 2021, which represents our estimate of the foreign tax cost associated with the deemed remittance of $620.7 million of foreign earnings that are not considered to be permanently reinvested. We have not provided for foreign withholding or income taxes on the remaining foreign subsidiaries’ undistributed earnings because such earnings have been retained and reinvested by the subsidiaries as of February 28, 2021. Accordingly, no provision has been made for foreign withholding or income taxes, which may become payable if the remaining undistributed earnings of foreign subsidiaries were remitted to us as dividends.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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