v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2026
May 31, 2025
Current Assets    
Cash and cash equivalents $ 53,864 $ 55,893
Accounts receivable, net of allowances of $1,851 and $2,215 respectively 48,325 42,890
Inventories 52,436 62,006
Prepaid expenses and other 8,769 7,535
Total current assets 163,394 168,324
Property, plant and equipment, Net 27,097 32,300
Intangible assets, net 67,209 69,116
Other assets 9,463 10,404
Total Assets 267,163 280,144
Current Liabilities    
Accounts payable 31,513 33,291
Accrued liabilities 38,909 35,518
Other current liabilities 4,295 7,388
Total current liabilities 74,717 76,197
Deferred income taxes 5,316 4,073
Other long-term liabilities 16,305 16,904
Total Liabilities 96,338 97,174
Commitments and Contingencies (Note 17)
Stockholders’ Equity    
Preferred stock, par value $0.01 per share, 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, par value $0.01 per share, 75,000,000 shares authorized; 42,314,266 and 41,607,877 shares issued and 41,700,419 and 40,994,030 shares outstanding at May 31, 2026 and 2025, respectively 387 385
Additional paid-in capital 636,083 621,186
Accumulated deficit (465,939) (429,197)
Treasury stock, 613,847 shares, at cost at May 31, 2026 and 2025, respectively (7,381) (7,381)
Accumulated other comprehensive loss 7,675 (2,023)
Total Stockholders' Equity 170,825 182,970
Total Liabilities and Stockholders' Equity $ 267,163 $ 280,144
Treasury stock, shares (shares) 613,847 613,847