v3.26.1
CREDIT LOSSES
 12 Months Ended
May 31, 2026
Credit Loss [Abstract]  
CREDIT LOSSES CREDIT LOSSES
We are exposed to credit losses primarily through our trade receivables. We assess ability to pay for certain customers by conducting a credit review, which considers the customer’s established credit rating and our assessment of creditworthiness. We determine the allowance for credit losses on accounts receivable using a combination of specific reserves for accounts that are deemed to exhibit credit loss indicators and general reserves that are determined using loss rates based on historical write-offs by geography and recent forecast information, including underlying economic expectations. During the year, changes in macroeconomic conditions, including the impact of tariffs, contributed to higher bad‑debt write‑offs compared to the prior year. These factors were considered in our assessment of expected credit losses and the determination of the allowance. We update our estimate of credit loss reserves monthly.
Changes in the allowance for credit losses for the years ended May 31 were as follows:
20262025
Allowance, beginning of period$438$436
Current period provision for expected credit losses946521
Write-offs charged against allowance(1,896)(1,422)
Recoveries collected1,022903
Allowance, end of period$510$438