Leases (Tables)

12 Months Ended

May 31, 2021

Leases [Abstract]

Summary of Lease Costs

The following represents our lease costs as of May 31, 2021 and 2020:

May 31,	2021		2020
(In thousands)
Operating lease expense	$	76,581	$	73,665
Variable lease expense		9,292		7,243
Short-term lease expense		2,022		2,583

Summary of Supplemental Cash Flow, Balance Sheet, and Other Required Disclosures

The following represents our supplemental cash flow, balance sheet, and other required disclosures as of May 31, 2021 and 2020:

May 31,	2021			2020
(In thousands)
Operating cash outflows from operating leases	$	71,257		$	69,444
Leased assets obtained in exchange for operating lease obligations		69,375			61,614
Current portion of operating leases within Other Accrued Liabilities	$	58,563		$	52,589
Weighted average remaining lease term for operating leases (in years)	8.6			9.1
Weighted average discount rate for operating leases		3.4	%		3.7	%

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 May 31, 2021:

(In thousands)
Year ending May 31,	Operating Leases
2022	$	67,058
2023		54,667
2024		42,986
2025		34,464
2026		29,655
Thereafter		142,155
Total lease payments	$	370,985
Less imputed interest		55,007
Total present value of lease liabilities	$	315,978