Accumulated Other Comprehensive Income/(Loss)
|12 Months Ended|
May 31, 2020
|Accumulated Other Comprehensive Income/(Loss) [Abstract]|
|Accumulated Other Comprehensive Income/(Loss)||
Note M — Accumulated Other Comprehensive Income/(Loss)
The changes in accumulated other comprehensive income/(loss) on the Company’s Consolidated Balance Sheets are as follows:
Reclassification adjustments out of accumulated other comprehensive income/(loss) are for realized gains and losses on the sale of available-for-sale securities and are reflected in interest on funds held for clients and other (expense)/income, net on the Consolidated Statements of Income and Comprehensive Income.
The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef