XML 17 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Cash Flows From Operating Activities    
Net income $ 15,860 $ 14,652
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 4,720 4,435
Share-based compensation 1,681 1,543
Changes in operating assets and liabilities, net of business acquisitions:    
Accounts receivable 8,350 3,390
Inventories (1,319) (2,132)
Prepaid expenses and other assets (1,045) (1,929)
Accruals and other changes (3,113) 3,760
Net Cash From Operating Activities 25,134 23,719
Cash Flows For Investing Activities    
Purchases of property, equipment and other non-current intangible assets (4,248) (6,469)
Proceeds from the sales of marketable securities 139,184 94,540
Purchase of marketable securities (168,318) (103,432)
Business acquisitions, net of cash acquired (2,350)  
Net Cash For Investing Activities (35,732) (15,361)
Cash Flows From Financing Activities    
Exercise of stock options and other 5,095 8,708
Net Cash From Financing Activities 5,095 8,708
Effect of Foreign Exchange Rate on Cash 181 (2,465)
Net Increase (Decrease) in Cash and Cash Equivalents (5,322) 14,601
Cash and Cash Equivalents, Beginning of Year 66,269 41,688
Cash and Cash Equivalents, End of Year $ 60,947 $ 56,289