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Income taxes and deferred income taxes (Tables)

12 Months Ended

May 31, 2022

Income Tax Disclosure [Abstract]

Summary of Loss Before Income Taxes

Loss before income taxes includes the following components:

		For the year ended May 31,
		2022				2021				2020
United States		$	(233,697	)			(7,814	)			—
Canada			(81,772	)			(323,964	)			(88,930	)
Other countries			(125,205	)			(13,208	)			(20,255	)
		$	(440,674	)			(344,986	)			(109,185	)

Summary of (Recoveries) Expense for Income Taxes

The (recoveries) expense for income taxes consists of:

		For the year ended May 31,
		2022				2021				2020
Current:
United States		$	262			$	—			$	—
Canada			23,268				15,227				5,294
Other countries			479				697				375
		$	24,009				15,924				5,669
Deferred:
United States		$	520			$	1,517			$	—
Canada			(17,154	)			(30,111	)			(9,226	)
Other countries			(13,917	)			3,698				(4,795	)
		$	(30,551	)			(24,896	)			(14,021	)
Income tax benefits, net		$	(6,542	)			(8,972	)			(8,352	)

Summary of Reconciliation of Income Taxes at Statutory Rate with Reported Taxes

A reconciliation of income taxes at the statutory rate with the reported taxes is as follows:

		For the year ended May 31,
		2022				2021				2020
Loss before net income taxes:		$	(440,674	)		$	(344,986	)		$	(109,185	)
Income tax benefits at statutory rate			(92,542	)			(72,408	)			(22,929	)
Tax impact of foreign operations			81,316				(19,016	)			(6,310	)
Foreign exchange and other			14,941				1,011				(63	)
Non-deductible expenses			6,404				(1,347	)			2,474
Non-deductible (taxable) losses			748				45,230				13,305
Changes in enacted rates			-				135				-
Change in fair value of warrant liability			(13,359	)			(259	)			-
Stock based and other compensation			994				2,902				4,105
Change in valuation allowance			17,255				46,007				1,066
Non deductible dividend			-				(755	)			-
Impact on convertible debenture and other differences			(22,299	)			-				-
Effect of transaction			-				(10,472	)			-
Income tax benefits, net		$	(6,542	)		$	(8,972	)		$	(8,352	)

Summary of Components of Deferred Tax

The following table summarizes the components of deferred tax:

		May 31,
		2022				2021				2020
Deferred assets
Operating loss carryforwards - United States		$	77,868			$	57,320			$	-
Operating loss carryforwards - Canada			132,293				152,382				20,512
Operating loss carryforwards - Other Countries			15,606				7,801				9,037
Capital loss carryforwards			38,087				1,350				1,854
Intangible assets			150,543				86,541				—
Property and equipment			20,592				17,107				—
Currently nondeductible interest			7,165				9,491				—
Partnership interests			—				34,108				—
Deferred financing costs			1,638				4,237				5,022
Investment tax credits and related pool balance			21,590				526				—
Other			44,393				26,434				1,704
Total Deferred tax assets			509,775				397,297				38,129
Less valuation allowance			(354,071	)			(265,940	)			(4,583	)
Net deferred tax assets			155,704				131,357				33,546
Deferred tax liabilities
Property and equipment			(38,387	)			(15,997	)			(8,356	)
Intangible assets			(305,577	)			(376,228	)			(69,580	)
Convertible Senior Notes Due 2023			(8,378	)			(4,977	)			(4,056	)
Total deferred tax liabilities			(352,342	)			(397,202	)			(81,992	)
Net deferred tax liability		$	(196,638	)			(265,845	)			(48,446	)

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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