XML 21 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Cash Flows From Operating Activities    
Net Income $ 31,288 $ 29,089
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 8,597 8,268
Share-based compensation 2,831 2,666
Change in operating assets and liabilities, net of business acquisitions:    
Accounts receivable (3,615) (5,859)
Inventories (3,787) (218)
Prepaid expenses and other current assets (2,025) (7,916)
Accounts payable, accruals and other changes (706) 1,377
Net Cash From Operating Activities 32,583 27,407
Cash Flows From Investing Activities    
Purchases of property, equipment and other non-current intangible assets (6,720) (10,409)
Proceeds from the sale of marketable securities 179,839 123,601
Purchases of marketable securities (191,488) (168,943)
Business acquisitions, net of cash acquired (4,903) (468)
Net From Investing Activities (23,272) (56,219)
Cash Flows From Financing Activities    
Exercise of stock options and issuance of employee stock purchase plan shares 10,268 16,395
Net Cash From Financing Activities 10,268 16,395
Effect of Exchange Rate on Cash (1,068) (725)
Net Increase (decrease) In Cash and Cash Equivalents 18,511 (13,142)
Cash and Cash Equivalents, Beginning of Period 83,074 77,567
Cash and Cash Equivalents, End of Period $ 101,585 $ 64,425