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Long Term Debt (Tables)
6 Months Ended
Nov. 30, 2022
Debt Disclosure [Abstract]  
Summary of Long Term Debt
The Company’s long-term debt consists of the following:
 
(in thousands)
   As of
November 30, 2022
     As of
May 31, 2022
 
Term Loan
   $ 590,000      $ —    
Senior Notes
     350,000        —    
    
 
 
    
 
 
 
Total long-term debt
   $ 940,000      $ —    
Less: Unamortized debt issuance costs
     (16,038      —    
    
 
 
    
 
 
 
Total
non-current
debt, net
   $ 923,962      $ —    
    
 
 
    
 
 
 
Summary of Expected Maturities Associated With Outstanding Debt
The expected maturities associated with the Company’s outstanding debt as of November 30, 2022, were as follows:
 
(in thousands)
   Amount  
Fiscal Year
        
Remainder of 2023
   $ —    
2024
     —    
2025
      
2026
     29,375  
2027
     44,688  
Thereafter
     865,937  
    
 
 
 
Total
   $ 940,000