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Leases (Tables)
 12 Months Ended
May 31, 2024
Leases [Abstract]  
Assets And Liabilities
The following table summarizes right-of-use assets and lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal years ended May 31, 2024 and May 31, 2023:

May 31, 2024May 31, 2023Location within Consolidated Balance Sheet
Operating leases$99.1 $85.7 Operating lease right-of-use assets, net
Finance leases5.6 6.1 Property, plant and equipment, net
Total lease assets$104.7 $91.8 
Operating leases:
Current portion$22.4 $21.2 Current portion of operating lease liabilities
Non-current portion89.2 73.8 Long-term operating lease liabilities
Total operating lease liabilities$111.6 $95.0 
Finance leases:
Current portion$1.7 $2.2 Other accrued expenses
Non-current portion4.5 4.6 Other noncurrent liabilities
Total finance lease liabilities$6.2 $6.8 
Total lease liabilities$117.8 $101.8 

In fiscal 2024, the Company recognized a pretax impairment charge of $3.9 related to operating lease right-of-use assets in connection with the cease use of certain leased office space in the U.S. and Canada as part of the Company's efforts to rightsize its real estate footprint to reduce occupancy costs. Refer to Note 4, "Asset Write Down", for further discussion regarding the impairment.
The following table summarizes the lease expense activity for the fiscal years ended May 31:
Location within Consolidated Statements of Operations
202420232022
Operating lease expense$29.7 $26.6 $25.9 Selling, general and administrative expenses
Finance lease costs :
Depreciation of leased assets2.1 2.1 2.2 Depreciation and amortization
Accretion of lease liabilities0.3 0.3 0.4 Interest expense
Total lease expense$32.1 $29.0 $28.5 

The following table summarizes certain cash flows information related to the Company's leases for the fiscal years ended May 31:
202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$30.2 $25.9 $31.4 
Operating cash flows from finance leases0.3 0.3 0.4 
Financing cash flows from finance leases2.3 2.3 2.3 
Noncash transactions:
Lease assets obtained in exchange for new lease liabilities40.4 27.4 31.8 

The following table provides the maturities of the Company's lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal year ended May 31, 2024:

Operating LeasesFinance Leases
Fiscal 2025$28.0 $1.9 
Fiscal 202625.4 1.5 
Fiscal 202721.3 1.4 
Fiscal 202817.5 1.1 
Fiscal 202911.5 0.6 
Thereafter28.6 0.4 
Total lease payments$132.3 $6.9 
Less: interest(20.7)(0.7)
Total lease liabilities$111.6 $6.2 

The following table summarizes the weighted-average remaining lease terms and weighted-average discount rates related to the Company's leases recorded on the Company's Consolidated Balance Sheet for the fiscal years ended May 31, 2024 and May 31, 2023:
20242023
Weighted-average remaining lease term (years):
Operating Leases6.06.1
Finance Leases4.54.2
Weighted-average discount rate:
Operating Leases5.6 %5.1 %
Finance Leases4.5 %4.0 %
Lease Expense, Cash Flow and Weighted Average Information
The following table summarizes the lease expense activity for the fiscal years ended May 31:
Location within Consolidated Statements of Operations
202420232022
Operating lease expense$29.7 $26.6 $25.9 Selling, general and administrative expenses
Finance lease costs :
Depreciation of leased assets2.1 2.1 2.2 Depreciation and amortization
Accretion of lease liabilities0.3 0.3 0.4 Interest expense
Total lease expense$32.1 $29.0 $28.5 

The following table summarizes certain cash flows information related to the Company's leases for the fiscal years ended May 31:
202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$30.2 $25.9 $31.4 
Operating cash flows from finance leases0.3 0.3 0.4 
Financing cash flows from finance leases2.3 2.3 2.3 
Noncash transactions:
Lease assets obtained in exchange for new lease liabilities40.4 27.4 31.8 
The following table summarizes the weighted-average remaining lease terms and weighted-average discount rates related to the Company's leases recorded on the Company's Consolidated Balance Sheet for the fiscal years ended May 31, 2024 and May 31, 2023:
20242023
Weighted-average remaining lease term (years):
Operating Leases6.06.1
Finance Leases4.54.2
Weighted-average discount rate:
Operating Leases5.6 %5.1 %
Finance Leases4.5 %4.0 %
Finance Lease, Maturity
The following table provides the maturities of the Company's lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal year ended May 31, 2024:

Operating LeasesFinance Leases
Fiscal 2025$28.0 $1.9 
Fiscal 202625.4 1.5 
Fiscal 202721.3 1.4 
Fiscal 202817.5 1.1 
Fiscal 202911.5 0.6 
Thereafter28.6 0.4 
Total lease payments$132.3 $6.9 
Less: interest(20.7)(0.7)
Total lease liabilities$111.6 $6.2 
Operating Lease, Maturity
The following table provides the maturities of the Company's lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal year ended May 31, 2024:

Operating LeasesFinance Leases
Fiscal 2025$28.0 $1.9 
Fiscal 202625.4 1.5 
Fiscal 202721.3 1.4 
Fiscal 202817.5 1.1 
Fiscal 202911.5 0.6 
Thereafter28.6 0.4 
Total lease payments$132.3 $6.9 
Less: interest(20.7)(0.7)
Total lease liabilities$111.6 $6.2 
Lessor, Operating Lease, Payment to be Received, Maturity

The following table summarizes the future rental payments to be received by the Company on an annual basis at May 31, 2024:
Amount
Fiscal 2025$10.7 
Fiscal 202611.6 
Fiscal 202712.3 
Fiscal 202812.5 
Fiscal 202912.7 
Thereafter58.9 
Total
$118.7