v3.25.2
Long Term Debt (Tables)
12 Months Ended
May 31, 2025
Debt Disclosure [Abstract]  
Summary of Long Term Debt

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

 

 

 

May 31, 2025

 

 

May 31, 2024

 

Term Loan

 

$

450,000

 

 

$

550,000

 

Senior Notes

 

 

350,000

 

 

 

350,000

 

Revolver Facility

 

 

100,000

 

 

 

 

Finance Lease

 

 

2,426

 

 

 

 

Total debt and finance lease

 

 

902,426

 

 

 

900,000

 

Less: Current portion

 

 

(19,301

)

 

 

 

Total non-current debt

 

 

883,125

 

 

 

900,000

 

Less: Unamortized debt issuance costs

 

 

(8,315

)

 

 

(11,609

)

Total non-current debt, net

 

$

874,810

 

 

$

888,391

 

Summary of Expected Maturities Associated With Outstanding Debt The expected maturities associated with the Company’s outstanding debt and finance lease as of May 31, 2025, were as follows:

 

Fiscal Year

 

Amount

 

2026

 

$

19,225

 

2027

 

 

22,500

 

2028

 

 

22,500

 

2029

 

 

22,500

 

2030

 

 

465,625

 

Thereafter

 

 

350,000

 

Total

 

$

902,350