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Treasury Stock
9 Months Ended
Feb. 28, 2018
Stockholders' Equity Attributable to Parent [Abstract]  
Treasury Stock
TREASURY STOCK
 
The Board has authorized the Company to repurchase Common Stock, from time to time as conditions allow, on the open market or through negotiated private transactions.

The table below represents the Board authorization at the date indicated:
 
Amount
 
July 2015
$
50.0

 
Less repurchases made under the authorization as of February 28, 2018
(36.6
)
 
Remaining Board authorization at February 28, 2018
$
13.4

 


On July 22, 2015, the Board authorized $50.0 for the share buy-back program, to be funded with available cash. Repurchases of Common Stock were $11.8 and $25.1 during the three and nine months ended February 28, 2018, respectively. See Note 17, "Subsequent Events" for a description of the most recent share buy-back program authorization on March 21, 2018. The Company’s repurchase program may be suspended at any time without prior notice.