| Fair value of financial instruments |
| |
|
Fair Value Measurements as at May 31, 2020 |
|
| |
|
Carrying Amount |
|
|
Fair Value |
|
|
Level in the hierarchy |
|
| Instruments measured at fair value on a recurring basis: |
|
|
|
|
|
|
|
|
|
| Foreign exchange contracts |
|
$ |
125,951 |
|
|
$ |
125,951 |
|
|
|
Level 1 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Instruments measured at amortized cost: |
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term debt |
|
$ |
2,236,221 |
|
|
$ |
2,246,745 |
|
|
|
Level 2 |
|
| |
|
Fair Value Measurements at February 29, 2020 |
|
| |
|
Carrying Amount |
|
|
Fair Value |
|
|
Level in the hierarchy |
|
| Instruments measured at fair value on a recurring basis: |
|
|
|
|
|
|
|
|
|
| Foreign exchange contracts |
|
$ |
26,840 |
|
|
$ |
26,840 |
|
|
|
Level 1 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Instruments measured at amortized cost: |
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term debt |
|
$ |
2,290,152 |
|
|
$ |
2,291,109 |
|
|
|
Level 2 |
|
|