XML 31 R17.htm IDEA: XBRL DOCUMENT
v3.19.1

Goodwill and Intangible Assets, Net of Accumulated Amortization | 9 Months Ended
--- | ---
Feb. 28, 2019
Goodwill and Intangible Assets, Net of Accumulated Amortization [Abstract] |
Goodwill and Intangible Assets, Net of Accumulated Amortization | Note J: Goodwill and Intangible Assets, Net of Accumulated Amortization ﻿ The Company had goodwill balances on its Consolidated Balance Sheets of $1.8 billion as of February 28, 2019 and $814.0 million as of May 31, 2018. Changes in goodwill balances are the result of the acquisition of Oasis and foreign currency exchange rate fluctuations. ﻿ The Company has certain intangible assets on its Consolidated Balance Sheets. The components of intangible assets, at cost, consisted of the following: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | February 28, |  | May 31,
﻿In millions |  | 2019 |  | 2018
﻿Client lists(1) |  | $ | 608.7 |  | $ | 308.5
﻿Other intangible assets(1) |  |  | 23.4 |  |  | 13.3
﻿Total intangible assets, gross |  |  | 632.1 |  |  | 321.8
﻿Less: Accumulated amortization |  |  | 211.2 |  |  | 180.4
﻿Intangible assets, net of accumulated amortization |  | $ | 420.9 |  | $ | 141.4
﻿ (1) Client lists and other intangible assets include current estimates of amounts acquired from Oasis as of December 20, 2018. Refer to Note D for further details. ﻿ Amortization expense relating to intangible assets was $20.9 million and $34.0 million for the three and nine months ended February 28, 2019, respectively, compared to $5.1 million and $14.3 million for the three and nine months ended February 28, 2018, respectively. ﻿ As of February 28, 2019, the estimated amortization expense relating to intangible asset balances for the full year fiscal 2019 and the following four fiscal years is as follows: ﻿
﻿ |  |  |
﻿In millions |  | Estimated amortization
﻿Year ending May 31, |  | expense
﻿2019 |  | $ | 54.9
﻿2020 |  |  | 80.5
﻿2021 |  |  | 66.6
﻿2022 |  |  | 54.1
﻿2023 |  |  | 43.1

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration