Acquisition, restructuring and other items, net, consisted of:


	Three Months Ended
(in thousands)	Aug 31, 2026		Aug 31, 2025
Legal (1)	$	406	$	213


Plant closure (2)	617		2,345

Transition service agreement (3)	—		(302)

CEO transition(4)	770		—
Other	388		502
Total	$	2,181	$	2,758

(1) Legal expenses related to litigation that is outside the normal course of business.

(2) Plant closure expense, related to the restructuring of our manufacturing footprint which was announced on January 5, 2024.

(4) CEO retirement and transition expenses related to the CEO search and retention agreements with the Company's executive leadership team.

The Company evaluates its performance and looks for opportunities to improve the overall operations of the Company on an ongoing basis. As a result of this evaluation, certain restructuring initiatives are taken to enhance the Company’s overall operations. On January 5, 2024, the Company announced a restructuring to optimize its manufacturing efficiency, capabilities and footprint (the "Plan").

In the second quarter of fiscal year 2025, the Company announced a modification to the Plan to maintain a presence in Queensbury, NY for the manufacturing of select products, customer service, logistics, shipping, quality and regulatory operations. The restructuring activities associated with the modified Plan are still expected to be completed in the second quarter of fiscal year 2027.

The following table provides a summary of our estimated costs associated with the plan:


Type of cost (in thousands)	Total modified estimated amount expected to be incurred
Facilities closeout fees (1)		$	16,000	to	$	17,000
Termination benefits		6,200		to	7,200
Outside consultants		7,500		to	8,500
Validation expenses		3,400		to	4,400
Regulatory filings		150		to	650
Other		150		to	650
		$	33,400	to	$	38,400

(1) Included in the original and modified estimate is approximately $13.6 million and $13.3 million of non-cash charges for accelerated depreciation and building impairment.

The Company recorded restructuring charges related to the plan during the three months ended August 31, 2026 of $0.6 million. Total restructuring charges recorded to date are $37.0 million. Termination benefits are only earned if an employee stays until their termination date; therefore, the expenses related to termination benefits are being recorded ratably over the service period.


	Three Months Ended Aug 31, 2026
	Termination Benefits		Outside Consultants		Validation Expenses		Facilities Closeout Fees		Regulatory Filings		Other		Total
(in thousands)
Balance at May 31, 2026	$	584	$	594	$	93	$	—	$	—	$	1,055	$	2,326
Charges	—		359		79		—		21		158		617
Non-cash adjustments	—		—		—		—		—		—		—
Cash payments	(455)		(796)		(167)		—		(12)		(1,185)		(2,615)
Balance at August 31, 2026	$	129	$	157	$	5	$	—	$	9	$	28	$	328