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Debt
 6 Months Ended
Nov. 30, 2023
Debt Disclosure [Abstract]  
Debt Debt
Long-term debt consisted of the following components (in thousands):
Interest RateMaturity DateNovember 30, 2023May 31, 2023
Starion term loan6.50%July 25, 2027$11,428 $12,786 
Vantage Garden City loan6.15%April 26, 202813,427 10,074 
Starion Ellendale loan7.48%February 3, 202817,974 19,728 
Other long-term debt372 354 
Deferred financing costs, net of amortization(421)(3,012)
Less: Current portion of term loan(9,279)(7,950)
Long-term debt, net$33,501 $31,980 
Remaining Principal Payments
Below is a summary of the remaining principal payments due over the life of the term loans as of November 30, 2023 (in thousands):
Remainder of FY24$4,645 
FY259,768 
FY2610,441 
FY2711,150 
FY287,197 
Total$43,201 
Letters of Credit
As of November 30, 2023, the Company had letters of credit totaling $25.4 million. The Company has restricted cash related to its letters of credit and is required to keep these balances in separate accounts for the duration of the letter of credit agreements, which all have terms ending within the 12 months following November 30, 2023.