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Debt (Tables)

3 Months Ended

Aug. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

Long-term debt consisted of the following components (in thousands):

			August 31, 2023						May 31, 2023
6.50% Starion term loan			$	12,109					$	12,786
6.15% Vantage Garden City loan			13,154						10,074
7.48% Starion Ellendale loan			18,859						19,728
Other long-term debt			386						354
Debt issuance costs, net of amortization			(463)						(3,012)
Less: Current portion of term loan			(9,163)						(7,950)
Long-term debt, net			$	34,882					$	31,980

Schedule of Maturities of Long-Term Debt

Below is a summary of the remaining principal payments due over the life of the term loans as of August 31, 2023 (in thousands):

Remainder of FY24			$	6,930
FY25			9,831
FY26			10,508
FY27			11,221
FY28			6,018
Total			$	44,508

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