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Summary of Quarterly Data (Unaudited)
 12 Months Ended
May 31, 2020
Quarterly Financial Information [Text Block]
11. Summary of Quarterly Data (Unaudited)
 
Quarter Ended
 
(in thousands, except per share)
  
August
2019
 
  
November
2019
 
  
February
2020
 
  
May 2020
  
Total Revenue
  $
101,424
    $
107,803
    $
99,869
    $
109,074
 
Gross Margin
   
48,194
     
51,026
     
45,330
     
51,729
 
Net income
   
14,652
     
16,276
     
12,200
     
16,347
 
Basic net income per share
 
$
0.28
   
$
0.31
   
$
0.23
   
$
0.31
 
Diluted net income per share
 
$
0.28
   
$
0.31
   
$
0.23
   
$
0.31
 
       
 
Quarter Ended
 
(in thousands, except per share)
  
August
2018
 
  
November
2018
 
  
February
2019
 
  
May 2019
  
Total Revenue
  $
99,626
    $
107,098
    $
97,700
    $
109,762
 
Gross Margin
   
46,729
     
50,033
     
44,628
     
50,530
 
Net income
   
15,237
     
16,051
     
13,073
     
15,815
 
Basic net income per share
 
$
0.29
   
$
0.31
   
$
0.25
   
$
0.31
 
Diluted net income per share
 
$
0.29
   
$
0.31
   
$
0.25
   
$
0.30
 
Quarterly net income per share is based on weighted-average shares outstanding and potentially dilutive stock options for the specific period and as a result, will not necessarily aggregate to total net income per share as computed for the year as disclosed in the consolidated statements of income.