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Inventories
6 Months Ended
Nov. 30, 2013
Inventories

2. INVENTORIES

Inventories are stated at the lower of cost, determined on the first-in, first-out method, or market. The components of inventories follow:

 

     November 30,
2013
     May 31,
2013
 
     (In thousands)  

Raw Materials

   $ 20,516       $ 16,587   

Work-in-process

     3,935         3,583   

Finished and purchased goods

     22,879         18,145   
  

 

 

    

 

 

 
   $ 47,330       $ 38,315