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Inventories
9 Months Ended
Feb. 29, 2016
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 29,
2016
     May 31,
2015
 
     (In thousands)  

Raw Materials

   $ 27,874       $ 21,605   

Work-in-process

     5,019         3,972   

Finished and purchased goods

     32,555         26,024   
  

 

 

    

 

 

 
   $ 65,448       $ 51,601