Restricted Cash |
3 Months Ended |
|---|---|
Aug. 31, 2026 | |
| Restricted Cash | |
| Restricted Cash | 4. Restricted Cash Restricted cash represents cash on hand that is legally restricted as to withdrawal or usage. As of August 31, 2026, restricted cash includes $5.7 million on deposit with escrow agents related to our recent acquisitions and $2.9 million required to be set aside by a contractual agreement to provide servicing related to receivable securitization arrangements. The restrictions related to our acquisitions lapse at the time of resolution of certain contingencies including tax contingencies. The restrictions related to the receivable securitization arrangements lapse at the time we remit the customer payments collected by us as servicer of previously sold customer receivables to the purchaser. |