Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Nov. 30, 2024

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 November 30, 2024
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at September 1, 2024	$	(38.7)	$	(5.4)	$	(44.1)
Other comprehensive income (loss) before reclassifications		(11.9)		—		(11.9)
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of net actuarial loss (net of tax of $0.0)		—		0.4		0.4
Amortization of prior service (credit) cost (net of tax of $0.0)		—		(0.2)		(0.2)
Other comprehensive income (loss)		(11.9)		0.2		(11.7)
Ending balance at November 30, 2024	$	(50.6)	$	(5.2)	$	(55.8)
	Three months ended November 30, 2023
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at September 1, 2023	$	(48.2)	$	(5.6)	$	(53.8)
Other comprehensive income (loss) before reclassifications		0.2		—		0.2
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of net actuarial loss (net of tax of $0.0)		—		0.3		0.3
Amortization of prior service (credit) cost (net of tax of $0.0)		—		(0.2)		(0.2)
Other comprehensive income (loss)		0.2		0.1		0.3
Ending balance at November 30, 2023	$	(48.0)	$	(5.5)	$	(53.5)
	Six months ended November 30, 2024
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at June 1, 2024	$	(46.9)	$	(5.6)	$	(52.5)
Other comprehensive income (loss) before reclassifications		(3.7)		—		(3.7)
Less: amount reclassified from Accumulated other comprehensive income (loss)
Amortization of net actuarial loss (net of tax of $0.0)		—		0.7		0.7
Amortization of prior service (credit) cost (net of tax of $0.1)		—		(0.3)		(0.3)
Other comprehensive income (loss)		(3.7)		0.4		(3.3)
Ending balance at November 30, 2024	$	(50.6)	$	(5.2)	$	(55.8)
	Six months ended November 30, 2023
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at June 1, 2023	$	(50.0)	$	(5.8)	$	(55.8)
Other comprehensive income (loss) before reclassifications		2.0		—		2.0
Less: amount reclassified from Accumulated other comprehensive income (loss)
Amortization of net actuarial loss (net of tax of $0.0)		—		0.6		0.6
Amortization of prior service (credit) cost (net of tax of $0.1)		—		(0.3)		(0.3)
Other comprehensive income (loss)		2.0		0.3		2.3
Ending balance at November 30, 2023	$	(48.0)	$	(5.5)	$	(53.5)

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

	Three months ended				Six months ended				Condensed Consolidated Statements of Operations line item
	November 30,		November 30,		November 30,		November 30,
	2024		2023		2024		2023
Employee benefit plans:
Amortization of net actuarial loss	$	0.4	$	0.3	$	0.7	$	0.6	Other components of net periodic benefit (cost)
Amortization of prior service (credit) loss		(0.2)		(0.2)		(0.4)		(0.4)	Other components of net periodic benefit (cost)
Less: Tax effect		0.0		0.0		0.1		0.1	Provision (benefit) for income taxes
Total cost, net of tax	$	0.2	$	0.1	$	0.4	$	0.3