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Segment Information and Geographic Data (Tables) | 6 Months Ended
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Nov. 30, 2022
Schedule of Segment Information | Segment information follows:
(in thousands) |  | Food Safety |  |  | Animal Safety |  |  | Corporate and Eliminations (1) |  |  | Total |
As of and for the three months ended November 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenues to external customers |  | $ | 154,223 |  |  | $ | 49,094 |  |  | $ | — |  |  | $ | 203,317 |
Service revenues to external customers |  |  | 7,120 |  |  |  | 19,596 |  |  |  | — |  |  |  | 26,716 |
Total revenues to external customers |  | $ | 161,343 |  |  | $ | 68,690 |  |  | $ | — |  |  | $ | 230,033 |
Operating income (loss) |  | $ | 21,446 |  |  | $ | 12,806 |  |  | $ | (41,908 | ) |  | $ | (7,656 | )
Total assets |  | $ | 3,955,488 |  |  | $ | 329,177 |  |  | $ | 278,577 |  |  | $ | 4,563,242 |
As of and for the three months ended November 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenues to external customers |  | $ | 60,112 |  |  | $ | 45,999 |  |  | $ | — |  |  | $ | 106,111 |
Service revenues to external customers |  |  | 7,020 |  |  |  | 17,386 |  |  |  | — |  |  |  | 24,406 |
Total revenues to external customers |  | $ | 67,132 |  |  | $ | 63,385 |  |  | $ | — |  |  | $ | 130,517 |
Operating income (loss) |  | $ | 10,894 |  |  | $ | 12,701 |  |  | $ | (11,126 | ) |  | $ | 12,469 |
Total assets |  | $ | 298,437 |  |  | $ | 278,994 |  |  | $ | 390,503 |  |  | $ | 967,934 |
(1) | Includes corporate assets, consisting principally of cash and cash equivalents, marketable securities, current and deferred tax accounts and overhead expenses not allocated to specific business segments. Also includes the elimination of intersegment transactions.
(in thousands) |  | Food Safety |  |  | Animal Safety |  |  | Corporate and Eliminations (1) |  |  | Total |
As of and for the six months ended November 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenues to external customers |  | $ | 212,013 |  |  | $ | 98,096 |  |  | $ | — |  |  | $ | 310,109 |
Service revenues to external customers |  |  | 13,973 |  |  |  | 38,300 |  |  |  | — |  |  |  | 52,273 |
Total revenues to external customers |  | $ | 225,986 |  |  | $ | 136,396 |  |  | $ | — |  |  | $ | 362,382 |
Operating income (loss) |  | $ | 30,042 |  |  | $ | 24,687 |  |  | $ | (56,323 | ) |  | $ | (1,594 | )
As of and for the six months ended November 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenues to external customers |  | $ | 116,057 |  |  | $ | 94,067 |  |  | $ | — |  |  | $ | 210,124 |
Service revenues to external customers |  |  | 13,797 |  |  |  | 34,901 |  |  |  | — |  |  |  | 48,698 |
Total revenues to external customers |  | $ | 129,854 |  |  | $ | 128,968 |  |  | $ | — |  |  | $ | 258,822 |
Operating income (loss) |  | $ | 21,026 |  |  | $ | 25,463 |  |  | $ | (12,275 | ) |  | $ | 34,214 |
(1) | Includes elimination of intersegment transactions.
Summary of Disaggregated Revenue by Geographic Location | The following table presents the Company’s revenue disaggregated by geographic location:
|  | Three months ended November 30, |  |  | Six months ended November 30, |
(in thousands) |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Domestic |  | $ | 114,413 |  |  | $ | 76,378 |  |  | $ | 195,055 |  |  | $ | 154,156 |
International |  |  | 115,620 |  |  |  | 54,139 |  |  |  | 167,327 |  |  |  | 104,666 |
Total revenue |  | $ | 230,033 |  |  | $ | 130,517 |  |  |  | 362,382 |  |  |  | 258,822 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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