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Long Term Debt (Tables)
9 Months Ended
Feb. 28, 2023
Debt Disclosure [Abstract]  
Summary of Long Term Debt

The Company’s long-term debt consists of the following:

 

(in thousands)

 

February 28, 2023

 

Term Loan

 

$

550,000

 

Senior Notes

 

 

350,000

 

Total long-term debt

 

 

900,000

 

Less: Unamortized debt issuance costs

 

 

(15,299

)

Total non-current debt, net

 

$

884,701

 

Summary of Expected Maturities Associated With Outstanding Debt The expected maturities associated with the Company’s outstanding debt as of February 28, 2023, were as follows:

 

(in thousands)

 

Amount

 

Fiscal Year

 

 

 

Remainder of 2023

 

$

 

2024

 

 

 

2025

 

 

 

2026

 

 

 

2027

 

 

34,063

 

Thereafter

 

 

865,937

 

Total

 

$

900,000