Annual report pursuant to Section 13 and 15(d)

Related Parties

v3.19.2
Related Parties
12 Months Ended
May 31, 2019
Related Parties [Abstract]  
Related Parties

Note R — Related Parties

During the fiscal years 2019, 2018, and 2017, the Company purchased approximately $2.0 million, $0.5 million, and $0.6 million, respectively, of data processing equipment and software from EMC Corporation. The former Chairman, President, and Chief Executive Officer of EMC Corporation is a member of the Company’s Board.

During the fiscal years 2019,  2018, and 2017, the Company purchased approximately $3.1 million, $2.7 million, and $2.9 million, respectively, of office supplies from Staples, Inc. The former Vice Chairman of Staples, Inc. is a member of the Company’s Board.

During the fiscal year 2019, the Company purchased through negotiated transactions approximately $1.6 million of computer consulting and advisory services from Cognizant Technology Solutions Corporation.  A board member of Cognizant Technology Solutions Corporation is a member of the Company’s Board.