LEASES |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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May 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lessee Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| LEASES | LEASES Our lease portfolio primarily consists of operating lease arrangements for certain warehouse and distribution space, office space, retail shops, production facilities, rail cars, production and distribution equipment, automobiles, and office equipment. Our lease costs associated with finance leases and sale-leaseback transactions and our lease income associated with lessor and sublease arrangements are not material to our Consolidated Financial Statements. Components of our lease cost are as follows:
Maturities of our operating and finance lease obligations by fiscal year are as follows:
The lease payments presented in the table above exclude $95.5 million of minimum lease payments for operating leases we have committed to but have not yet commenced as of May 31, 2026. The weighted-average remaining lease term and weighted-average discount rate for our operating leases are as follows:
In addition, we had $12.3 million of right of use assets and $12.3 million of related lease liabilities classified as held for sale as of May 31, 2026. Supplemental operating cash flow information and non-cash activity related to our operating leases, including those classified as held- for-sale, are as follows:
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| LEASES | LEASES Our lease portfolio primarily consists of operating lease arrangements for certain warehouse and distribution space, office space, retail shops, production facilities, rail cars, production and distribution equipment, automobiles, and office equipment. Our lease costs associated with finance leases and sale-leaseback transactions and our lease income associated with lessor and sublease arrangements are not material to our Consolidated Financial Statements. Components of our lease cost are as follows:
Maturities of our operating and finance lease obligations by fiscal year are as follows:
The lease payments presented in the table above exclude $95.5 million of minimum lease payments for operating leases we have committed to but have not yet commenced as of May 31, 2026. The weighted-average remaining lease term and weighted-average discount rate for our operating leases are as follows:
In addition, we had $12.3 million of right of use assets and $12.3 million of related lease liabilities classified as held for sale as of May 31, 2026. Supplemental operating cash flow information and non-cash activity related to our operating leases, including those classified as held- for-sale, are as follows:
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