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Income Taxes
3 Months Ended
Aug. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes

Note J – Income Taxes

 

Income tax expense for the three months ended August 31, 2025 and August 31, 2024 reflected estimated annual ETRs of 23.8% and 24.5%, respectively. Management is required to estimate the annual ETR based upon its forecast of annual pre-tax income for domestic and foreign operations. Our actual ETR for fiscal 2026 could be materially different from the forecasted rate as of August 31, 2025.