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Consolidated Balance Sheets - USD ($)
Feb. 28, 2021
May 31, 2020
Current Assets    
Cash and cash equivalents $ 73,482,000 $ 66,269,000
Marketable securities 279,865,000 277,404,000
Accounts receivable, net of allowance of $1,400 and $1,350 at February 28, 2021 and May 31, 2020, respectively 87,241,000 84,681,000
Inventories 99,267,000 95,053,000
Prepaid expenses and other current assets 15,449,000 13,999,000
Total Current Assets 555,304,000 537,406,000
Net Property and Equipment 97,981,000 78,671,000
Other Assets    
Right of use assets 1,269,000 1,952,000
Goodwill 133,029,000 110,340,000
Other non-amortizable intangible assets 15,441,000 15,217,000
Amortizable intangible and other assets, net of accumulated amortization of $50,998 and $44,690 at February 28, 2021 and May 31, 2020, respectively 77,192,000 53,596,000
Total Assets 880,216,000 797,182,000
Current Liabilities    
Accounts payable 23,257,000 25,650,000
Accrued compensation 7,928,000 7,735,000
Income taxes 0 1,456,000
Other accruals 14,757,000 13,648,000
Total Current Liabilities 45,942,000 48,489,000
Deferred Income Taxes 21,276,000 18,125,000
Other Non-Current Liabilities 5,315,000 5,391,000
Total Liabilities 72,533,000 72,005,000
Commitments and Contingencies (note 11)
Equity    
Preferred stock, $1.00 par value, 100,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.16 par value, 120,000,000 shares authorized, 53,511,262 and 52,945,841 shares issued and outstanding at February 28, 2021 and May 31, 2020, respectively 8,562,000 8,471,000
Additional paid-in capital 290,118,000 257,693,000
Accumulated other comprehensive loss (14,841,000) (19,709,000)
Retained earnings 523,844,000 478,722,000
Total Stockholders' Equity 807,683,000 725,177,000
Total Liabilities and Stockholders' Equity $ 880,216,000 $ 797,182,000