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Long-term debt (Tables)

12 Months Ended

May 31, 2021

Long Term Debt [Abstract]

Schedule of Net Carrying Amount of Long-term Debt Instruments

The following table sets forth the net carrying amount of long-term debt instruments:

		May 31,				May 31,
		2021				2020
Credit facility - C$80,000 - Canadian prime interest rate plus an    applicable margin, 3-year term, with a 10-year amortization,    repayable in blended monthly payments, due in November 2022		$	62,964			$	58,026
Term loan - C$25,000 - Canadian 5-year bond interest rate plus 2.73%    with a minimum 4.50%, 5-year term, with a 15-year amortization,    repayable in blended monthly payments, due in July 2023			14,335				13,231
Term loan - C$25,000 - 3.95%, compounded monthly, 5-year term    with a 15-year amortization, repayable in equal monthly instalments    of $188 including interest, due in April 2022			17,117				15,939
Term loan - C$1,250 - 3.99%, 5-year term, with a 10-year    amortization, repayable in equal monthly instalments of $13    including interest, due in July 2021			587				602
Mortgage payable - C$3,750 - 3.95%, 5-year term, with a 20-year    amortization, repayable in equal monthly instalments of $23    including interest, due in July 2021			2,562				2,349
Vendor take-back mortgage - C$2,850 - 6.75%, 5-year term, repayable    in equal monthly instalments of $56 including interest, due in June    2021			92				508
Term loan ‐ €5,000 ‐ Euro Interbank Offered Rate + 1.79%, 5‐year    term, repayable in quarterly instalments of €250 plus interest, due in    December 2023			3,356				4,163
Term loan ‐ €5,000 ‐ Euro Interbank Offered Rate + 2.68%, 5‐year    term, repayable in quarterly instalments of €250 plus interest, due in    December 2023			3,356				4,163
Term loan ‐ €1,500 ‐ Euro Interbank Offered Rate + 2.00%, 5‐year    term, repayable in quarterly instalments of €98 including interest,    due in April 2025			1,831				1,665
Term loan ‐ €1,500 ‐ Euro Interbank Offered Rate + 2.00%, 5‐year    term, repayable in quarterly instalments of €98 including interest,    due in June 2025			1,831				—
Term loan - $100,000 - EUROBIR rate plus an applicable margin,    3-year term, repayable in quarterly instalments beginning March 31,    2021 of $7,500 in its first twelve months and $10,000 in each of the    next two years, due in    March 2024			98,138				—
			206,169				100,646
Deduct - unamortized financing fees			(2,061	)			(477	)
- principal portion included in current liabilities			(36,622	)			(6,141	)
		$	167,486			$	94,028

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- References

No definition available.

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- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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-Name Accounting Standards Codification
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