v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2026
May 31, 2025
Current assets:    
Cash and cash equivalents $ 27,725 $ 250,075
Receivables, less allowances of $1,310 and $907, respectively 228,168 215,824
Inventories:    
Raw materials 110,536 80,522
Work in process 9,490 9,408
Finished products 87,270 79,463
Total inventories 207,296 169,393
Income taxes receivable 20,016 12,720
Prepaid expenses and other current assets 41,269 37,358
Total current assets 524,474 685,370
Investments in unconsolidated affiliates 118,048 129,262
Operating lease assets 42,888 22,699
Goodwill 500,784 376,480
Other intangible assets, net of accumulated amortization of $106,944 and $88,887, respectively 322,761 190,398
Other assets 28,215 20,717
Property, plant and equipment:    
Land 8,732 8,703
Buildings and improvements 136,441 132,742
Machinery and equipment 411,030 372,798
Construction in progress 66,509 33,326
Total property, plant and equipment 622,712 547,569
Less: accumulated depreciation 311,818 277,343
Total property, plant and equipment, net 310,894 270,226
Total assets 1,848,064 1,695,152
Current liabilities:    
Accounts payable 115,203 103,205
Accrued compensation, contributions to employee benefit plans and related taxes 41,728 43,864
Dividends payable 9,814 9,172
Other accrued items 45,832 34,478
Current operating lease liabilities 7,982 6,014
Income taxes payable 867 109
Total current liabilities 221,426 196,842
Other liabilities 56,657 53,364
Distributions in excess of investment in unconsolidated affiliate 105,349 103,767
Long-term debt 305,896 302,868
Noncurrent operating lease liabilities 35,883 17,173
Deferred income taxes, net 95,813 82,901
Total liabilities 821,024 756,915
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, 2026 - 48,684,701 shares, 2025 - 49,236,449 shares
Additional paid-in capital 311,997 308,608
Accumulated other comprehensive income, net of taxes of $(951) and $(173) at May 31, 2026 and May 31, 2025, respectively 10,906 4,050
Retained earnings 704,137 624,529
Total shareholders' equity - controlling interest 1,027,040 937,187
Noncontrolling interests 0 1,050
Total equity 1,027,040 938,237
Total liabilities and equity $ 1,848,064 $ 1,695,152