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Inventories
9 Months Ended
Feb. 28, 2015
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:

 

     February 28,
2015
     May 31,
2014
 
     (In thousands)  

Raw Materials

   $ 23,178       $ 21,515   

Work-in-process

     4,363         3,681   

Finished and purchased goods

     27,555         25,982   
  

 

 

    

 

 

 
$ 55,096    $ 51,178