Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Feb. 28, 2022

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following tables summarize the changes in the accumulated balances for each component of accumulated other comprehensive income (loss), net of tax:

(In thousands)	Foreign Currency		Unrealized (Loss) Income on Interest Rate Locks		Other		Total
Balance at June 1, 2021	$	41,839	$	(7,308)	$	(3,643)	$	30,888
Other comprehensive loss before reclassifications	(24,016)		(36,679)		—		(60,695)
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(459)		—		(459)
Net current period other comprehensive loss	(24,016)		(37,138)		—		(61,154)
Balance at August 31, 2021	17,823		(44,446)		(3,643)		(30,266)
Other comprehensive (loss) income before    reclassifications	(7,472)		10,940		—		3,468
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(460)		—		(460)
Net current period other comprehensive (loss) income	(7,472)		10,480		—		3,008
Balance at November 30, 2021	10,351		(33,966)		(3,643)		(27,258)
Other comprehensive income before reclassifications	5,297		34,567		—		39,864
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(459)		—		(459)
Net current period other comprehensive income	5,297		34,108		—		39,405
Balance at February 28, 2022	$	15,648	$	142	$	(3,643)	$	12,147

(In thousands)	Foreign Currency		Unrealized Loss on Interest Rate Locks		Other		Total
Balance at June 1, 2020	$	(26,343)	$	(112,718)	$	(14,319)	$	(153,380)
Other comprehensive income before reclassifications	26,946		10,842		—		37,788
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(358)		—		(358)
Net current period other comprehensive income	26,946		10,484		—		37,430
Balance at August 31, 2020	603		(102,234)		(14,319)		(115,950)
Other comprehensive income before reclassifications	2,960		15,942		—		18,902
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(359)		—		(359)
Net current period other comprehensive income	2,960		15,583		—		18,543
Balance at November 30, 2020	3,563		(86,651)		(14,319)		(97,407)
Other comprehensive income before reclassifications	8,947		75,850		—		84,797
Amounts reclassified from accumulated other    comprehensive income (loss)	—		(358)		—		(358)
Net current period other comprehensive income	8,947		75,492		—		84,439
Balance at February 28, 2021	$	12,510	$	(11,159)	$	(14,319)	$	(12,968)

The following table summarizes the reclassifications out of accumulated other comprehensive income (loss):

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other  Comprehensive Income (Loss)								Affected Line in the Consolidated Condensed Statements of Income
	Three Months Ended				Nine Months Ended
(In thousands)	February 28, 2022		February 28, 2021		February 28, 2022		February 28, 2021
Amortization of interest rate locks	$	608	$	474	$	1,823	$	1,422	Interest expense
Tax expense	(149)		(116)		(445)		(347)		Income taxes
Amortization of interest rate locks, net of tax	$	459	$	358	$	1,378	$	1,075