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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2023
May 31, 2023
Current Assets    
Cash and cash equivalents $ 178,832 $ 163,240
Marketable securities 60,424 82,329
Accounts receivable, net of allowance of $3,205 and $2,827 137,669 153,253
Inventories, net 140,692 133,812
Prepaid expenses and other current assets 66,176 53,297
Total Current Assets 583,793 585,931
Net Property and Equipment 221,090 198,749
Other Assets    
Right of use assets 14,505 11,933
Goodwill 2,137,602 2,137,496
Intangible assets, net 1,588,066 1,605,103
Other non-current assets 16,049 15,220
Total Assets 4,561,105 4,554,432
Current Liabilities    
Current portion of finance lease 2,642  
Accounts payable 90,210 76,669
Accrued compensation 14,863 25,153
Income tax payable 5,399 6,951
Accrued interest 3,438 11,149
Deferred revenue 3,789 4,616
Other accruals 17,789 20,934
Total Current Liabilities 138,130 145,472
Deferred Income Tax Liability 354,792 353,427
Non-current debt 886,177 885,439
Other non-current liabilities 35,831 35,877
Total Liabilities 1,414,930 1,420,215
Commitments and Contingencies (note 12)
Equity    
Preferred stock, $1.00 par value, 100,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.16 par value, 315,000,000 shares authorized, 216,310,582 and 216,245,501 shares issued and outstanding at August 31, 2023 and May 31, 2023, respectively 34,610 34,599
Additional paid-in capital 2,571,517 2,567,828
Accumulated other comprehensive loss (26,496) (33,251)
Retained earnings 566,544 565,041
Total Stockholders' Equity 3,146,175 3,134,217
Total Liabilities and Stockholders' Equity $ 4,561,105 $ 4,554,432