Treasury Stock

3 Months Ended

Feb. 28, 2021

Stockholders' Equity Attributable to Parent [Abstract]

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 authorizations at the dates indicated:


Authorizations	Amount
March 2018	$	50.0
March 2020		50.0
Total current Board authorizations at June 1, 2020	$	100.0
Less repurchases made under these authorizations	$	(32.7)
Remaining Board authorization at February 28, 2021	$	67.3

Remaining Board authorization at February 28, 2021 represents the amount remaining under the Board authorization for Common share repurchases on March 21, 2018 and the current $50.0 Board authorization for Common share repurchases announced on March 18, 2020, which is available for further repurchases, from time to time as conditions allow, on the open market or through negotiated private transactions, subject to temporary limitations under the amended credit agreement as defined in Note 5, Debt.

There were no repurchases of the Company's Common Stock for the three and nine months ended February 28, 2021. The Company’s repurchase program is temporarily suspended at this time due to COVID-19 uncertainties.