Annual report pursuant to Section 13 and 15(d)

Description of Business, Basis of Presentation, and Significant Accounting Policies (Tables)

v3.23.2
Description of Business, Basis of Presentation, and Significant Accounting Policies (Tables)
12 Months Ended
May 31, 2023
Accounting Policies [Abstract]  
Estimated Useful Lives of Depreciable Assets The estimated useful lives of depreciable assets are generally as follows:

 

Category

 

Depreciable life

Buildings and improvements

 

10 to 35 years or the remaining life, whichever is shorter

Data processing equipment

 

3 to 4 years

Furniture, fixtures, and equipment

 

2 to 7 years

Leasehold improvements

 

10 years or the life of the lease, whichever is shorter

Software

 

3 to 12 years