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Leases (Tables)
12 Months Ended
May 31, 2025
Leases [Abstract]  
Assets And Liabilities
The following table summarizes right-of-use assets and lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal years ended May 31, 2025 and May 31, 2024:

May 31, 2025May 31, 2024Location within Consolidated Balance Sheet
Operating leases$103.9 $99.1 Operating lease right-of-use assets, net
Finance leases6.0 5.6 Property, plant and equipment, net
Total lease assets$109.9 $104.7 
Operating leases:
Current portion$26.8 $22.4 
Operating lease liabilities, current
Noncurrent portion
91.5 89.2 
Operating lease liabilities, noncurrent
Total operating lease liabilities$118.3 $111.6 
Finance leases:
Current portion$1.7 $1.7 Other accrued expenses
Noncurrent portion
4.9 4.5 Other noncurrent liabilities
Total finance lease liabilities$6.6 $6.2 
Total lease liabilities$124.9 $117.8 
Lease Expense, Cash Flow and Weighted Average Information
The following table summarizes the lease expense activity for the fiscal years ended May 31:
Location within Consolidated Statements of Operations
202520242023
Operating lease expense$31.7 $29.7 $26.6 Selling, general and administrative expenses
Finance lease costs :
Depreciation of leased assets1.4 2.1 2.1 Depreciation and amortization
Accretion of lease liabilities0.6 0.3 0.3 Interest expense
Total lease expense$33.7 $32.1 $29.0 

The following table summarizes certain cash flows information related to the Company's leases for the fiscal years ended May 31:
202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$28.6 $30.2 $25.9 
Operating cash flows from finance leases0.6 0.3 0.4 
Financing cash flows from finance leases1.7 2.3 2.3 
Noncash transactions:
Lease assets obtained in exchange for new lease liabilities$25.0 $40.4 $27.4 
The following table summarizes the weighted-average remaining lease terms and weighted-average discount rates related to the Company's leases recorded on the Company's Consolidated Balance Sheets for the fiscal years ended May 31, 2025 and May 31, 2024:
20252024
Weighted-average remaining lease term (years):
Operating Leases5.36.0
Finance Leases4.54.5
Weighted-average discount rate:
Operating Leases5.6 %5.6 %
Finance Leases5.0 %4.5 %
Finance Lease, Maturity
The following table provides the maturities of the Company's lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal year ended May 31, 2025:

Operating LeasesFinance Leases
Fiscal 2026$32.4 $2.1 
Fiscal 202730.0 1.8 
Fiscal 202823.7 1.4 
Fiscal 202915.8 0.9 
Fiscal 203010.5 0.7 
Thereafter25.3 0.5 
Total lease payments$137.7 $7.4 
Less: interest(19.4)(0.8)
Total lease liabilities$118.3 $6.6 
Operating Lease, Maturity
The following table provides the maturities of the Company's lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal year ended May 31, 2025:

Operating LeasesFinance Leases
Fiscal 2026$32.4 $2.1 
Fiscal 202730.0 1.8 
Fiscal 202823.7 1.4 
Fiscal 202915.8 0.9 
Fiscal 203010.5 0.7 
Thereafter25.3 0.5 
Total lease payments$137.7 $7.4 
Less: interest(19.4)(0.8)
Total lease liabilities$118.3 $6.6 
Lessor, Operating Lease, Payment to be Received, Maturity The following table summarizes the future rental payments to be received by the Company on an annual basis at May 31, 2025:
Amount
Fiscal 2026$11.6 
Fiscal 202712.3 
Fiscal 202812.5 
Fiscal 202912.8 
Fiscal 203013.5 
Thereafter45.0 
Total
$107.7