Fair Value and Derivatives (Tables)

12 Months Ended

May 31, 2024

Fair Value and Derivatives [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	May 31, 2024			May 31, 2023
Foreign currency forward contracts, net	Prepaid expenses and other current assets (Other current liabilities)	$	(265	)	$	140

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

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

	Location in statements	Year Ended May 31,
Derivatives Not Designated as Hedging Instruments	of (loss) income	May 31, 2024		May 31, 2023			May 31, 2022
Foreign currency forward contracts	Other (expense) income	$	88	$	(10,092	)	$	1,218

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	May 31, 2024		May 31, 2023
Interest rate swaps – current	Other current assets	$	2,222	$	2,087
Interest rate swaps – non-current	Other non-current assets (liabilities)		229		(4,770	)

Summary of Fair Value of Term Loan and Senior Notes

Fair values of the Company’s Term Loan and Senior Notes were as follows:

	May 31, 2024
Aggregate fair value		923,170
Aggregate carrying value (1)		900,000

(1) Excludes unamortized debt issuance costs.

Summary of Other Comprehensive (Loss) Income and Accumulated Other Comprehensive (Loss) Income

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

	Other Comprehensive Income (Loss) Before Reclassifications
	Year Ended May 31,
Derivatives Designated as Hedging Instruments	2024		2023			2022
Interest rate swaps	$	6,184	$	(1,599	)	$	—

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

		Gain (Loss) Reclassified
	Location of Gain	Year Ended May 31,
Derivatives Designated as Hedging Instruments	Reclassified	2024		2023		2022
Interest rate swaps	Interest expense	$	2,281	$	440	$	—