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 activity in Accumulated other comprehensive income (loss), net of tax, by component, for the periods indicated:

	Three months ended February 28, 2022
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at December 1, 2021	$	(40.3)	$	(4.0)	$	(44.3)
Other comprehensive income (loss) before reclassifications		1.6		—		1.6
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of net actuarial (gain) loss (net of tax of $0.0)		—		0.2		0.2
Amortization of prior service (credit) cost (net of tax of $0.0)		—		(0.2)		(0.2)
Other comprehensive income (loss)		1.6		0.0		1.6
Ending balance at February 28, 2022	$	(38.7)	$	(4.0)	$	(42.7)
	Three months ended February 28, 2021
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at December 1, 2020	$	(38.9)	$	(2.8)	$	(41.7)
Other comprehensive income (loss) before reclassifications		6.3		—		6.3
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of gains and losses (net of tax of $0.0)		—		0.1		0.1
Amortization of prior service credit (net of tax of $0.1)		—		(0.1)		(0.1)
Other comprehensive income (loss)		6.3		0.0		6.3
Ending balance at February 28, 2021	$	(32.6)	$	(2.8)	$	(35.4)

	Nine months ended February 28, 2022
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at June 1, 2021	$	(30.1)	$	(4.6)	$	(34.7)
Other comprehensive income (loss) before reclassifications (net of tax of $0.1)		(8.6)		0.5		(8.1)
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of net actuarial (gain) loss (net of tax of $0.0)		—		0.6		0.6
Amortization of prior service (credit) cost (net of tax of $0.1)		—		(0.5)		(0.5)
Other comprehensive income (loss)		(8.6)		0.6		(8.0)
Ending balance at February 28, 2022	$	(38.7)		(4.0)		(42.7)
	Nine months ended February 28, 2021
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at June 1, 2020	$	(50.0)	$	(8.3)	$	(58.3)
Other comprehensive income (loss) before reclassifications (net of tax of $1.7)		17.4		5.3		22.7
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of gains and losses (net of tax of $0.0)		—		0.4		0.4
Amortization of prior service credit (net of tax of $0.2)		—		(0.2)		(0.2)
Other comprehensive income (loss)		17.4		5.5		22.9
Ending balance at February 28, 2021	$	(32.6)	$	(2.8)	$	(35.4)

The following table presents the impact on earnings of reclassifications out of Accumulated other comprehensive income (loss) for the periods indicated:

	Three months ended				Nine months ended				Condensed Consolidated Statements of Operations line item
	February 28,		February 28,		February 28,		February 28,
	2022		2021		2022		2021
Employee benefit plans:
Amortization of net actuarial (gain) loss	$	0.2	$	0.1	$	0.6	$	0.4	Other components of net periodic benefit (cost)
Amortization of prior service (credit) loss		(0.2)		(0.2)		(0.6)		(0.4)	Other components of net periodic benefit (cost)
Less: Tax effect		0.0		0.1		0.1		0.2	Provision (benefit) for income taxes
Total cost, net of tax	$	0.0	$	0.0	$	0.1	$	0.2