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Inventories
6 Months Ended
Nov. 30, 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:

 

     November 30,
2015
     May 31,
2015
 
     (In thousands)  

Raw Materials

   $ 26,574       $ 21,605   

Work-in-process

     4,219         3,972   

Finished and purchased goods

     30,692         26,024   
  

 

 

    

 

 

 
   $ 61,485       $ 51,601