v3.25.2
Consolidated Balance Sheets - USD ($)
May 31, 2025
May 31, 2024
Current Assets    
Cash and cash equivalents $ 129,004,000 $ 170,611,000
Marketable securities 0 325,000
Accounts receivable, net 153,384,000 173,005,000
Inventory, net 190,859,000 189,267,000
Assets held for sale 50,402,000 0
Prepaid expenses and other current assets 53,288,000 56,025,000
Total Current Assets 576,937,000 589,233,000
Property and Equipment    
Land and improvements 10,816,000 10,497,000
Building and improvements 108,721,000 108,298,000
Machinery and equipment 180,820,000 176,369,000
Furniture and fixtures 7,963,000 8,260,000
Construction in progress 186,242,000 113,968,000
Total Property and Equipment 494,562,000 417,392,000
Less accumulated depreciation (155,431,000) (140,288,000)
Property and Equipment, net 339,131,000 277,104,000
Other Assets    
Right of use assets (note 5) 17,152,000 14,785,000
Goodwill (note 6) 1,064,902,000 2,135,632,000
Amortizable intangible assets, net (note 6) 1,410,485,000 1,511,653,000
Other non-current assets 35,229,000 20,426,000
Total Other Assets 2,527,768,000 3,682,496,000
Total Assets 3,443,836,000 4,548,833,000
Current Liabilities    
Current portion of debt 19,301,000 2,447,000
Accounts payable 79,605,000 83,061,000
Accrued compensation 14,134,000 19,949,000
Income tax payable (note 11) 5,599,000 10,449,000
Accrued interest 11,078,000 10,985,000
Deferred revenue 5,558,000 4,632,000
Liabilities held for sale 6,556,000  
Other current liabilities 32,180,000 22,800,000
Total Current Liabilities 174,011,000 154,323,000
Deferred Income Tax Liability (note 11) 280,907,000 326,718,000
Non-Current Debt (note 9) 874,810,000 888,391,000
Other Non-Current Liabilities 42,854,000 35,259,000
Total Liabilities 1,372,582,000 1,404,691,000
Commitments and Contingencies (note 12)
Stockholders' Equity    
Preferred stock, $1.00 par value - shares authorized 100,000; none issued and outstanding
Common stock, $0.16 par value - shares authorized 315,000,000; 217,044,498 and 216,614,407 shares issued and outstanding at May 31, 2025 and 2024, respectively 34,728,000 34,658,000
Additional paid-in capital 2,601,848,000 2,583,885,000
Accumulated other comprehensive loss (28,898,000) (30,021,000)
Retained earnings (accumulated deficit) (536,424,000) 555,620,000
Total Stockholders' Equity 2,071,254,000 3,144,142,000
Total Liabilities and Stockholders' Equity $ 3,443,836,000 $ 4,548,833,000