Note 11 - Fair Value of Financial Instruments |
6 Months Ended |
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Nov. 30, 2025 | |
| Notes to Financial Statements | |
| Financial Instruments Disclosure [Text Block] |
Note 11. Fair Value of Financial Instruments
The following methods and assumptions are used in estimating the fair-value disclosures for financial instruments:
Debt: The carrying amount of notes with floating rates of interest approximate fair value. Fixed rate notes are valued based on cash flows using estimated rates of comparable notes. The carrying amounts reported on the unaudited consolidated balance sheets approximate fair value.
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