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Treasury Stock | 6 Months Ended
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Nov. 30, 2023
Equity, Attributable to Parent [Abstract] |
Treasury Stock | TREASURY STOCK The Board has authorized the Company to repurchase Common Stock, from time to time as conditions allow, on the open market or through privately negotiated transactions. The table below represents the Board authorization at the dates indicated:
Authorization | Amount |
March 2023 | $ | 50.0 |  |  |
July 2023 |  | 100.0 |  |  |
Total current Board authorizations | $ | 150.0 |  |  |
Less repurchases made under these authorizations | $ | (116.2) |  |  |
Remaining Board authorization at November 30, 2023 | $ | 33.8 |  |  |
Remaining Board authorization at November 30, 2023 represents the amount remaining under the current $100.0 Board authorization for Common share repurchases announced on July 19, 2023, which is available for further repurchases, from time to time as conditions allow, on the open market or through privately negotiated transactions. See Note 18, "Subsequent Events", for additional Board authorization for Common share repurchases. Repurchases of the Company's Common Stock were $52.3 and $88.5, including excise tax on share repurchases of $0.4 and $0.7, during the three and six months ende d November 30, 2023, respectively. The Company's repurchase program may be suspended at any time without prior notice.

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//505-30/tableOfContent + Details
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