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Inventories
9 Months Ended
Feb. 28, 2017
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,
2017
     May 31,
2016
 
     (in thousands)  

Raw materials

   $ 33,375      $ 29,501  

Work-in-process

     5,588        4,498  

Finished and purchased goods

     36,433        30,372  
  

 

 

    

 

 

 
   $ 75,396      $ 64,371