Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Aug. 31, 2025

Equity [Abstract]

Summary of Tax Effects of Each Component of Other Comprehensive Income (Loss)

The following table summarizes the tax effects on each component of other comprehensive income (loss) (“OCI”) for the periods presented:

	Three Months Ended
	August 31, 2025						August 31, 2024
(In millions)	Before-Tax		Tax		Net-of-Tax		Before-Tax		Tax		Net-of-Tax
Foreign currency translation	$	1.1	$	-	$	1.1	$	2.1	$	-	$	2.1
Pension liability adjustment		-		-		-		-		-		-
Cash flow hedges		-		-		-		0.1		-		0.1
Other comprehensive income (loss)	$	1.1	$	-	$	1.1	$	2.2	$	-	$	2.2

Summary of Changes in Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated other comprehensive income (loss) (“AOCI”) for the periods presented:

	Foreign			Pension
	Currency			Liability		Cash Flow
(In millions)	Translation			Adjustment		Hedges			AOCI
Balance at May 31, 2025	$	(10.7	)	$	7.3	$	(0.6	)	$	(4.0	)
Other comprehensive income before reclassifications		1.1			-		0.4			1.5
Reclassification adjustments to net earnings (1)		-			-		(0.4	)		(0.4	)
Income tax effect		-			-		-			-
Balance at August 31, 2025	$	(9.6	)	$	7.3	$	(0.6	)	$	(2.9	)

	Foreign			Pension
	Currency			Liability		Cash Flow
(In millions)	Translation			Adjustment		Hedges			AOCI
Balance at May 31, 2024	$	(11.9	)	$	8.4	$	(2.6	)	$	(6.1	)
Other comprehensive income (loss) before reclassifications		2.1			-		(2.5	)		(0.4	)
Reclassification adjustments to net earnings (1)		-			-		2.6			2.6
Income tax effect		-			-		-			-
Balance at August 31, 2024	$	(9.8	)	$	8.4	$	(2.5	)	$	(3.9	)

(1)The consolidated statement of earnings classification of amounts reclassified to net income include:

a.Cash flow hedges – See the disclosure in “Note 13 – Derivative Financial Instruments and Hedging Activities”.