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Asset Held for Sale | 12 Months Ended
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May 31, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Assets Held for Sale | 4. Assets Held for Sale In April 2025, the Company announced that it has entered into a definitive agreement to sell its global Cleaners and Disinfectants ("C&D") business to Kersia Group. The transaction is expected to close in the first quarter of the Company's 2026 fiscal year, subject to regulatory approval and customary conditions. The C&D business and the associated assets and liabilities met the criteria for presentation as held for sale as of May 31, 2025. The Company determined that the fair value less cost to sell exceeded the carrying value. Therefore, no impairment charge was recognized. The planned divestiture did not meet the criteria for presentation as a discontinued operation. The major classes of assets and liabilities held for sale of the C&D business were as followed:
| Year Ended May 31, 2025 |
Accounts receivable, net | $ | 7,229 |
Inventory, net |  | 8,707 |
Prepaid expenses and other current assets |  | 874 |
Property and equipment, net |  | 7,081 |
Right of use assets |  | 273 |
Goodwill |  | 12,977 |
Amortizable intangible assets, net |  | 13,261 |
Total assets held for sale | $ | 50,402 |
Accounts payable | $ | 2,287 |
Accrued compensation |  | 553 |
Other current liabilities |  | 1,156 |
Deferred income tax liability |  | 2,151 |
Other non-current liabilities |  | 409 |
Total liabilities held for sale | $ | 6,556 |
Subsequent Event On July 18, 2025, the Company completed the divestiture of its global C&D business to Kersia Group for $130,000 in cash at closing, plus contingent consideration tied to future performance of the business.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/205-20/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent + Details
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