Derivatives (Tables)

9 Months Ended

Feb. 29, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Other Derivatives Not Designated As Hedging Instruments Statements of Financial Performance And Financial Position Location

Fair Value of Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	February 29, 2024			May 31, 2023
Foreign currency forward contracts, net	Other (payable) receivable	$	(160	)	$	140

Schedule of Gain Loss From Derivatives Not Designated As Hedging Instruments Statements of Financial Performance And Location

The location and amount of gains (losses) from derivatives not designated as hedging instruments in our condensed consolidated statements of operations were as follows:

		Three Months Ended
Derivatives Not Designated as Hedging Instruments	Location in statements of operations	February 29, 2024		February 28, 2023
Foreign currency forward contracts	Other income (expense)	$	150	$	(1,564	)

		Nine Months Ended
Derivatives Not Designated as Hedging Instruments	Location in statements of operations	February 29, 2024			February 28, 2023
Foreign currency forward contracts	Other expense	$	(391	)	$	(9,812	)

Summary of Interest Rate Swaps on Recurring Basis Using Observable Market Inputs for Similar Assets or Liabilities

We record the fair value of our interest rate swaps on a recurring basis using Level 2 observable market inputs for similar assets or liabilities in active markets.

Fair Value of Derivatives Designated as Hedging Instruments	Balance Sheet Location	February 29, 2024			May 31, 2023
Interest rate swap – current	Other current assets	$	2,091		$	2,087
Interest rate swap – non-current	Other non-current liabilities		(1,163	)		(4,770	)

Summary of Pre-tax Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)

The following table summarizes the other comprehensive income before reclassifications of derivative gains and losses:

	Other Comprehensive Income Before Reclassifications During
	Three Months Ended				Nine Months Ended
Derivatives Designated as Hedging Instruments	February 29, 2024		February 28, 2023		February 29, 2024		February 28, 2023
Interest rate swaps	$	731	$	3,083	$	4,439	$	655

The following table summarizes the reclassification of derivative gains and losses into net (loss) income from accumulated other comprehensive income (loss):

		Gain Reclassified During
		Three Months Ended				Nine Months Ended
Derivatives Designated as Hedging Instruments	Location of Gain Reclassified	February 29, 2024		February 28, 2023		February 29, 2024		February 28, 2023
Interest rate swaps	Interest expense	$	592	$	105	$	1,695	$	105