v3.25.2
Acquisitions - Schedule of Consideration Transferred and the Preliminary Fair Value Assigned to Assets Acquired And Liabilities Assumed (Detail) - USD ($)
$ in Thousands
12 Months Ended
Jun. 03, 2024
Feb. 01, 2024
Jun. 02, 2022
May 31, 2024
May 31, 2025
May 31, 2023
Business Acquisition [Line Items]            
Goodwill       $ 331,595 $ 376,480 $ 336,178
Less: Fair value of earnout $ (7,139)     $ 2,000 [1]    
Ragasco            
Business Acquisition [Line Items]            
Cash and cash equivalents 1,925          
Accounts receivable 8,554          
Inventories 16,403          
Other current assets 990          
Property, plant, and equipment 27,325          
Intangible assets 31,698          
Operating lease assets 8,834          
Deferred income taxes 365          
Total identifiable assets 96,094          
Accounts payable (4,885)          
Accrued expenses (6,344)          
Current operating lease liabilities (980)          
Noncurrent operating lease liabilities (7,886)          
Deferred income taxes (8,975)          
Other liabilities (100)          
Net identifiable assets 66,924          
Goodwill 41,639          
Cash purchase price 108,563          
Ragasco | Preliminary Valuation            
Business Acquisition [Line Items]            
Cash and cash equivalents 1,925          
Accounts receivable 8,554          
Inventories 16,403          
Other current assets 990          
Property, plant, and equipment 27,325          
Intangible assets 32,840          
Operating lease assets 8,834          
Deferred income taxes 365          
Total identifiable assets 97,236          
Accounts payable (4,885)          
Accrued expenses (6,344)          
Current operating lease liabilities (980)          
Noncurrent operating lease liabilities (7,886)          
Deferred income taxes (9,226)          
Other liabilities (100)          
Net identifiable assets 67,815          
Goodwill 40,748          
Cash purchase price 108,563          
Ragasco | Measurement Period Adjustments            
Business Acquisition [Line Items]            
Intangible assets (1,142)          
Total identifiable assets (1,142)          
Deferred income taxes 251          
Net identifiable assets (891)          
Goodwill $ 891          
Halo            
Business Acquisition [Line Items]            
Cash and cash equivalents   $ 73        
Accounts receivable   255        
Inventories   5,780        
Property, plant, and equipment   1,732        
Intangible assets   4,500        
Total identifiable assets   12,340        
Accounts payable   (7,346)        
Other accrued items   (1,099)        
Net identifiable assets   3,895        
Goodwill   8,090        
Net assets   11,985        
Noncontrolling interest   (2,397)        
Total cash consideration   9,588        
Halo | Preliminary Valuation            
Business Acquisition [Line Items]            
Cash and cash equivalents   73        
Accounts receivable   255        
Inventories   5,511        
Property, plant, and equipment   1,732        
Intangible assets   4,500        
Total identifiable assets   12,071        
Accounts payable   (7,363)        
Other accrued items   (1,099)        
Net identifiable assets   3,609        
Goodwill   8,302        
Net assets   11,911        
Noncontrolling interest   (2,392)        
Total cash consideration   9,519        
Halo | Measurement Period Adjustments            
Business Acquisition [Line Items]            
Inventories   269        
Total identifiable assets   269        
Accounts payable   17        
Net identifiable assets   286        
Goodwill   (212)        
Net assets   74        
Noncontrolling interest   (5)        
Total cash consideration   $ 69        
Level5 Tools, LLC            
Business Acquisition [Line Items]            
Cash and cash equivalents     $ 1,515      
Accounts receivable     2,860      
Inventories     9,161      
Prepaid expenses     64      
Property, plant, and equipment     273      
Intangible assets     33,580      
Operating lease assets     377      
Total identifiable assets     47,830      
Accounts payable     (3,175)      
Accrued expenses     (753)      
Current operating lease liabilities     (111)      
Noncurrent operating lease liabilities     (266)      
Net identifiable assets     43,525      
Goodwill     15,947      
Total cash consideration     59,472      
Less: Fair value of earnout     (2,000)      
Plus: Net working capital deficit     131      
Cash purchase price     57,603      
Level5 Tools, LLC | Preliminary Valuation            
Business Acquisition [Line Items]            
Cash and cash equivalents     1,515      
Accounts receivable     2,860      
Inventories     9,161      
Prepaid expenses     64      
Property, plant, and equipment     273      
Intangible assets     33,580      
Operating lease assets     377      
Total identifiable assets     47,830      
Accounts payable     (3,175)      
Accrued expenses     (904)      
Current operating lease liabilities     (111)      
Noncurrent operating lease liabilities     (266)      
Net identifiable assets     43,374      
Goodwill     15,947      
Total cash consideration     59,321      
Less: Fair value of earnout     (2,000)      
Plus: Net working capital deficit     282      
Cash purchase price     57,603      
Level5 Tools, LLC | Measurement Period Adjustments            
Business Acquisition [Line Items]            
Accrued expenses     151      
Net identifiable assets     151      
Total cash consideration     151      
Plus: Net working capital deficit     $ (151)      
[1] During fiscal 2024, we reversed amounts accrued for the anticipated payout under the final earnout opportunity associated with the Level5 acquisition.