v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2025
May 31, 2024
Current assets:    
Cash and cash equivalents $ 250,075 $ 244,225
Receivables, less allowances of $907 and $343 , respectively 215,824 199,798
Inventories:    
Raw materials 80,522 66,040
Work in process 9,408 11,668
Finished products 79,463 86,907
Total inventories 169,393 164,615
Income taxes receivable 12,720 17,319
Prepaid expenses and other current assets 37,358 47,936
Total current assets 685,370 673,893
Investments in unconsolidated affiliates 129,262 144,863
Operating lease assets 22,699 18,667
Goodwill 376,480 331,595
Other intangible assets, net of accumulated amortization of $88,887 and $83,242 respectively 190,398 221,071
Other assets 20,717 21,342
Property, plant and equipment:    
Land 8,703 8,657
Buildings and improvements 132,742 123,478
Machinery and equipment 372,798 321,836
Construction in progress 33,326 24,504
Total property, plant and equipment 547,569 478,475
Less: accumulated depreciation 277,343 251,269
Total property, plant and equipment, net 270,226 227,206
Total assets 1,695,152 1,638,637
Current liabilities:    
Accounts payable 103,205 91,605
Accrued compensation, contributions to employee benefit plans and related taxes 43,864 41,974
Dividends payable 9,172 9,038
Other accrued items 34,478 29,061
Current operating lease liabilities 6,014 6,228
Income taxes payable 109 470
Total current liabilities 196,842 178,376
Other liabilities 53,364 62,243
Distributions in excess of investment in unconsolidated affiliate 103,767 111,905
Long-term debt 302,868 298,133
Noncurrent operating lease liabilities 17,173 12,818
Deferred income taxes, net 82,901 84,150
Total liabilities 756,915 747,625
Shareholders' equity - controlling interest:    
Preferred shares, without par value; authorized - 1,000,000 shares; issued and outstanding - none
Common shares, without par value; authorized - 150,000,000 shares; issued and outstanding, 2024 - 49,512,937 shares, 2023 - 48,659,323 shares
Additional paid-in capital 308,608 299,033
Accumulated other comprehensive income (loss), net of taxes of $(911) and $(5) May 31, 2024 and May 31, 2023, respectively 4,050 454
Retained earnings 624,529 589,392
Total shareholders' equity - controlling interest 937,187 888,879
Noncontrolling interests 1,050 2,133
Total equity 938,237 891,012
Total liabilities and equity $ 1,695,152 $ 1,638,637