XML 80 R65.htm IDEA: XBRL DOCUMENT v3.22.2
Income Taxes - Reconciliation of Income Tax Expense (Details) - USD ($)
$ in Thousands
12 Months Ended
May 31, 2022
May 31, 2021
May 31, 2020
Reconciliation of income tax expense for continuing operations using the statutory rate and actual income tax expense is as follows:      
Income taxes at the U.S. federal statutory rate $ 314,741 $ 270,427 $ 222,258
Permanent differences (85,413) (101,870) (67,075)
State and local income taxes, net of federal benefit 33,547 27,304 25,294
Capital loss carryback 0 (14,072) 0
Other 136 (5,008) 1,454
Income taxes $ 263,011 $ 176,781 $ 181,931