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Debt (Tables)

12 Months Ended

May 31, 2021

Debt Disclosure [Abstract]

Schedule of debt

The following table summarizes the Company's debt as of May 31: 

			Carrying Value									Fair Value									Carrying Value									Fair Value
						2021																		2020
Loan Agreement:
Revolving Loan			$			175.0						$			175.0						$			200.0						$			200.0
Unsecured Lines of Credit (weighted average interest rates of 4.7% and 4.6%, respectively)						7.9									7.9									7.9									7.9
UK long-term debt						7.3									7.3									10.6									10.6
Total debt			$			190.2						$			190.2						$			218.5						$			218.5
Less: lines of credit and current portion of long-term debt						(182.9)									(182.9)									(7.9)									(7.9)
Total long-term debt			$			7.3						$			7.3						$			210.6						$			210.6

Schedule of Maturities of Long-term Debt

The following table sets forth the maturities of the carrying values of the Company’s debt obligations as of May 31, 2021 for the fiscal years ended May 31:

2022			$			182.9
2023						7.3
2024						—
2025						—
2026						—
Thereafter						—
Total debt			$			190.2

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- References

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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