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Long Term Debt (Tables)
12 Months Ended
May 31, 2024
Debt Disclosure [Abstract]  
Summary of Long Term Debt

The Company’s long-term debt consists of the following:

 

 

 

May 31, 2024

 

 

May 31, 2023

 

Term Loan

 

$

550,000

 

 

$

550,000

 

Senior Notes

 

 

350,000

 

 

 

350,000

 

Finance Lease

 

 

2,447

 

 

 

 

Total debt and finance lease

 

 

902,447

 

 

 

900,000

 

Less: Current portion

 

 

(2,447

)

 

 

 

Total non-current debt

 

 

900,000

 

 

 

900,000

 

Less: Unamortized debt issuance costs

 

 

(11,609

)

 

 

(14,561

)

Total non-current debt, net

 

$

888,391

 

 

$

885,439

 

Summary of Expected Maturities Associated With Outstanding Debt The expected maturities associated with the Company’s outstanding debt as of May 31, 2024, were as follows:

 

 

 

Amount

 

Fiscal Year

 

 

 

2025

 

$

2,350

 

2026

 

 

 

2027

 

 

34,063

 

2028

 

 

515,937

 

2029

 

 

 

Thereafter

 

 

350,000

 

Total

 

$

902,350