Fair Value Measurements (Tables)

6 Months Ended

Nov. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Instruments Measured on a Recurring Basis

These financial instruments measured at fair value on a recurring basis are summarized below: 

	As of November 30, 2021
(In thousands)	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	113,170	$	—	$	—	$	113,170
Other assets, net:
Interest rate lock agreements	—		16,202		—		16,202
Total assets at fair value	$	113,170	$	16,202	$	—	$	129,372
Current accrued liabilities:
Interest rate lock agreements	$	—	$	71,918	$	—	$	71,918
Total liabilities at fair value	$	—	$	71,918	$	—	$	71,918

	As of May 31, 2021
(In thousands)	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	493,640	$	—	$	—	$	493,640
Other assets, net:
Interest rate lock agreements	—		40,400		—		40,400
Total assets at fair value	$	493,640	$	40,400	$	—	$	534,040
Long-term accrued liabilities:
Interest rate lock agreements	$	—	$	61,567	$	—	$	61,567
Total liabilities at fair value	$	—	$	61,567	$	—	$	61,567