XML 9 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2025
May 31, 2024
Current Assets    
Cash and cash equivalents $ 127,705 $ 170,611
Marketable securities 0 325
Accounts receivable, net of allowance of $5,305 and $4,140 160,068 173,005
Inventories    
Raw materials 75,047 78,799
Work-in-process 14,305 10,990
Finished goods 136,250 111,839
Inventory, Gross, Total 225,602 201,628
Less inventory reserve (20,160) (12,361)
Inventories, net 205,442 189,267
Prepaid expenses and other current assets 58,498 56,025
Total Current Assets 551,713 589,233
Net Property and Equipment 327,838 277,104
Other Assets    
Right of use assets 17,314 14,785
Goodwill (note 5) 1,671,705 2,135,632
Intangible assets, net 1,439,237 1,511,653
Other non-current assets 28,529 20,426
Total Assets 4,036,336 4,548,833
Current Liabilities    
Current portion of finance lease 2,501 2,447
Accounts payable 72,240 83,061
Accrued compensation 18,335 19,949
Income tax payable 12,924 10,449
Accrued interest 3,438 10,985
Deferred revenue 5,769 4,632
Other current liabilities 25,993 22,800
Total Current Liabilities 141,200 154,323
Deferred Income Tax Liability 301,053 326,718
Non-Current Debt 890,605 888,391
Other Non-Current Liabilities 43,131 35,259
Total Liabilities 1,375,989 1,404,691
Commitments and Contingencies (note 8)
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, 217,038,267 and 216,614,407 shares issued and outstanding 34,725 34,658
Additional paid-in capital 2,597,540 2,583,885
Accumulated other comprehensive loss (47,690) (30,021)
Retained earnings 75,772 555,620
Total Stockholders' Equity 2,660,347 3,144,142
Total Liabilities and Stockholders' Equity $ 4,036,336 $ 4,548,833