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Fair Value and Derivatives (Tables) | 12 Months Ended
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May 31, 2023
Fair Value and Derivatives [Abstract] |
Schedule of Other Derivatives Not Designated As Hedging Instruments Statements of Financial Performance And Financial Position Location |
Fair Value of Derivatives Not Designated as Hedging Instruments |  | Balance Sheet Location |  | May 31, 2023 |  |  | May 31, 2022 |
Foreign currency forward contracts, net |  | Other receivable (Other accruals) |  | $ | 140 |  |  | $ | (78 | )
Schedule of Gain Loss From Derivatives Not Designated As Hedging Instruments Statements of Financial Performance And Location | The location and amount of gains from derivatives not designated as hedging instruments in our consolidated statements of income (loss) were as follows:
|  | Location in statements |  | Year Ended May 31 |
Derivatives Not Designated as Hedging Instruments |  | of (loss) income |  | May 31, 2023 |  |  | May 31, 2022 |  |  | May 31, 2021 |
Foreign currency forward contracts |  | Other (expense) income |  | $ | (10,092 | ) |  | $ | 1,218 |  |  | $ | 2,651 |
Summary of Interest Rate Swaps on Recurring Basis Using Observable Market Inputs for Similar Assets or Liabilities | We record the fair value of our interest rate swaps on a recurring basis using Level 2 observable market inputs for similar assets or liabilities in active markets.
Fair Value of Derivatives Designated as Hedging Instruments |  | Balance Sheet Location |  | May 31, 2023 |  |  | May 31, 2022 |
Interest rate swaps – current |  | Other current assets |  | $ | 2,087 |  |  | $ | - |
Interest rate swaps – non-current |  | Other non-current liabilities |  |  | (4,770 | ) |  |  | - |
Summary of Fair Value of Term Loan and Senior Notes | Fair values of the Company’s Term Loan and Senior Notes were as follows:
|  | May 31, 2023 |
Aggregate fair value |  | $ | 927,720 |
Aggregate carrying value (1) |  |  | 900,000 |
(1) Excludes unamortized debt issuance costs.
Summary of Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss) | The following table summarizes the other comprehensive income (loss) before reclassifications of derivative gains and losses:
|  | Other Comprehensive Income (Loss) Before Reclassifications During |
|  | Year Ended May 31 |
Derivatives Designated as Hedging Instruments |  | 2023 |  |  | 2022 |  |  | 2021 |
Interest rate swaps |  | $ | (1,599 | ) |  | $ | — |  |  | $ | — |
The following table summarizes the reclassification of derivative gains and losses into net income from accumulated other comprehensive income (loss):
|  |  |  | Gain (Loss) Reclassified During |
|  | Location of Gain (Loss) |  | Year Ended May 31 |
Derivatives Designated as Hedging Instruments |  | Reclassified |  | 2023 |  |  | 2022 |  |  | 2021 |
Interest rate swaps |  | Interest expense |  | $ | 440 |  |  | $ | — |  |  | $ | — |

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- Definition Fair value and derivatives. + References No definition available. + Details
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- Definition Schedule of gain loss from derivatives not designated as hedging instruments statements of financial performance and location. + References No definition available. + Details
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- Definition Tabular disclosure of information about asset and liability measured at fair value under fair value option. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14210-108612 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14172-108612 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 32 -URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14217-108612 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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