Leases (Tables)

9 Months Ended

Feb. 29, 2020

Leases

Summary of operating lease cost

The summary of our operating lease cost is as follows:

	Three Months		Nine Months
	Ended		Ended
	February 29,		February 29,
	2020		2020
Operating lease cost	$	4.9	$	13.6
Short-term lease cost		1.4		4.0
Variable lease cost		1.5		4.3
	$	7.8	$	21.9

Supplemental cash flow information related to leases for the three- and nine-month period ended February 29, 2020 was as follows:

	Three Months		Nine Months
	Ended		Ended
	February 29,		February 29,
	2020		2020
Cash paid for amounts included in the measurement of lease liabilities	$	2.4	$	10.0
Operating lease liabilities arising from obtaining ROU assets		0.1		13.2

Schedule of maturities of our lease payments

2020 (excluding the nine months ended February 29, 2020)	$	4.1
2021		16.9
2022		14.9
2023		13.1
2024		11.1
Thereafter		51.7
Total undiscounted payments		111.8
Less: Imputed interest		(17.9)
Present value of minimum lease payments		93.9
Less: Operating lease liabilities – current		(13.9)
Operating lease liabilities – non-current	$	80.0

Schedule of future minimum operating lease payments

Prior to the adoption of ASC 842, our future minimum operating lease payments at May 31, 2019 were as follows:

2020	$	21.6
2021		19.3
2022		16.5
2023		13.2
2024		11.0
Thereafter		39.9
	$	121.5