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Accounting Policies (Tables) | 6 Months Ended
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Nov. 30, 2019
Supplemental balance sheet information related to operating leases | Supplemental balance sheet information related to operating leases was as follows:
|  | November 30, 2019 |
|  | (in thousands) |
Right of use - assets |  | $ | 2,034 |
Lease liabilities - current |  |  | 585 |
Lease liabilities - non-current |  |  | 1,456 |
Weighted average remaining lease term and weighted average discount rate | The weighted average remaining lease term and weighted average discount rate were as follows:
|  | November 30, 2019 |
Weighted average remaining lease term |  |  | 2.5 years |
Weighted average discount rate |  |  | 3.5 | %
Components of lease expense | The components of lease expense were as follows:
|  | Three Months Ended November 30, 2019 |  |  | Six Months Ended November 30, 2019 |
|  | (in thousands) |  |  | (in thousands) |
Operating leases |  | $ | 333 |  |  | $ | 573 |
Short term leases |  |  | 34 |  |  |  | 81 |
Total lease expense |  | $ | 367 |  |  | $ | 654 |
Undiscounted minimum lease payments | Undiscounted minimum lease payments as of November 30, 2019 were as follows:
|  | Amount |
|  | (in thousands) |
Years ending May 31, |  |  |  |
2020 (1) |  | $ | 589 |
2021 |  |  | 917 |
2022 |  |  | 358 |
2023 |  |  | 169 |
2024 |  |  | 95 |
2025 and thereafter |  |  | 26 |
Total lease payments |  |  | 2,154 |
Less: imputed interest |  |  | 114 |
Total lease liabilities |  | $ | 2,040 |
(1) | Excluding the six months ended November 30, 2019 .
Disaggregated Revenue | The following table presents the Company’s revenue disaggregated by geographic location:
|  | Three months ended |  |  | Six months ended |
|  | November 30, |  |  | November 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
|  | (in thousands) |  |  | (in thousands) |
Revenues by Geographic Location |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 63,317 |  |  | $ | 65,033 |  |  | $ | 126,657 |  |  | $ | 124,879 |
International |  |  | 44,486 |  |  |  | 42,065 |  |  |  | 82,570 |  |  |  | 81,845 |
Total revenue |  |  | 107,803 |  |  |  | 107,098 |  |  |  | 209,227 |  |  |  | 206,724 |
Operating Segments |
Disaggregated Revenue | The following table presents disaggregated revenue by major product and service categories for the three and six month periods ended November 30, 2019 and 2018:
|  | Three Months ended November 30, |  |  | Six Months ended November 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
|  | (in thousands) |
Food Safety |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Natural Toxins, Allergens & Drug Residues |  | $ | 20,681 |  |  | $ | 20,571 |  |  | $ | 40,796 |  |  | $ | 39,409 |
Bacterial & General Sanitation |  |  | 11,615 |  |  |  | 10,822 |  |  |  | 21,931 |  |  |  | 21,288 |
Culture Media & Other |  |  | 12,757 |  |  |  | 12,191 |  |  |  | 24,037 |  |  |  | 24,408 |
Rodenticides, Insecticides & Disinfectants |  |  | 7,447 |  |  |  | 5,943 |  |  |  | 12,896 |  |  |  | 12,569 |
Genomics Services |  |  | 4,354 |  |  |  | 4,223 |  |  |  | 8,216 |  |  |  | 8,259 |
|  | $ | 56,854 |  |  | $ | 53,750 |  |  | $ | 107,876 |  |  | $ | 105,933 |
Animal Safety |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Life Sciences |  | $ | 1,803 |  |  | $ | 1,891 |  |  | $ | 3,525 |  |  | $ | 3,971 |
Veterinary Instruments & Disposables |  |  | 10,486 |  |  |  | 11,683 |  |  |  | 21,822 |  |  |  | 22,087 |
Animal Care & Other |  |  | 7,787 |  |  |  | 8,948 |  |  |  | 14,193 |  |  |  | 15,346 |
Rodenticides, Insecticides & Disinfectants |  |  | 16,186 |  |  |  | 18,789 |  |  |  | 32,904 |  |  |  | 35,935 |
Genomics Services |  |  | 14,687 |  |  |  | 12,037 |  |  |  | 28,907 |  |  |  | 23,452 |
|  | $ | 50,949 |  |  | $ | 53,348 |  |  | $ | 101,351 |  |  | $ | 100,791 |
Total Revenues |  | $ | 107,803 |  |  | $ | 107,098 |  |  | $ | 209,227 |  |  | $ | 206,724 |

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