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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
May 31, 2014
May 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 16,105us-gaap_CashAndCashEquivalentsAtCarryingValue $ 21,802us-gaap_CashAndCashEquivalentsAtCarryingValue
Marketable securities, at fair value 1,809us-gaap_AvailableForSaleSecuritiesDebtSecuritiesCurrent 2,153us-gaap_AvailableForSaleSecuritiesDebtSecuritiesCurrent
Accounts receivable, net of allowances of $1,736 and $1,272, respectively 61,968us-gaap_AccountsReceivableNetCurrent 47,681us-gaap_AccountsReceivableNetCurrent
Inventories 61,234us-gaap_InventoryNet 55,079us-gaap_InventoryNet
Deferred income taxes 4,625us-gaap_DeferredTaxAssetsNetCurrent 6,591us-gaap_DeferredTaxAssetsNetCurrent
Prepaid income taxes 510us-gaap_PrepaidTaxes 563us-gaap_PrepaidTaxes
Prepaid expenses and other 5,471us-gaap_PrepaidExpenseAndOtherAssetsCurrent 7,285us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 151,722us-gaap_AssetsCurrent 141,154us-gaap_AssetsCurrent
PROPERTY, PLANT AND EQUIPMENT, net 66,590us-gaap_PropertyPlantAndEquipmentNet 62,391us-gaap_PropertyPlantAndEquipmentNet
OTHER ASSETS 3,926us-gaap_OtherAssetsNoncurrent 4,908us-gaap_OtherAssetsNoncurrent
INTANGIBLE ASSETS, net 205,256us-gaap_IntangibleAssetsNetExcludingGoodwill 214,673us-gaap_IntangibleAssetsNetExcludingGoodwill
GOODWILL 360,473us-gaap_Goodwill 355,637us-gaap_Goodwill
DEFERRED INCOME TAXES, long term 10,403us-gaap_DeferredTaxAssetsNetNoncurrent 11,425us-gaap_DeferredTaxAssetsNetNoncurrent
PREPAID ROYALTIES 521us-gaap_PrepaidRoyalties 546us-gaap_PrepaidRoyalties
TOTAL ASSETS 798,891us-gaap_Assets 790,734us-gaap_Assets
CURRENT LIABILITIES    
Accounts payable 32,895us-gaap_AccountsPayableCurrent 24,470us-gaap_AccountsPayableCurrent
Accrued liabilities 16,652us-gaap_AccruedLiabilitiesCurrent 16,356us-gaap_AccruedLiabilitiesCurrent
Income taxes payable 689us-gaap_TaxesPayableCurrent 0us-gaap_TaxesPayableCurrent
Current portion of long-term debt 5,000us-gaap_LongTermDebtCurrent 7,500us-gaap_LongTermDebtCurrent
Current portion of contingent consideration 10,918us-gaap_BusinessCombinationContingentConsiderationLiabilityCurrent 9,207us-gaap_BusinessCombinationContingentConsiderationLiabilityCurrent
Other current liabilities 599us-gaap_OtherLiabilitiesCurrent 5,782us-gaap_OtherLiabilitiesCurrent
Total current liabilities 66,753us-gaap_LiabilitiesCurrent 63,315us-gaap_LiabilitiesCurrent
LONG-TERM DEBT, revolving credit facility 46,410us-gaap_LineOfCredit 0us-gaap_LineOfCredit
LONG-TERM DEBT, term loan, net of current portion 91,250us-gaap_LongTermLoansPayable 135,000us-gaap_LongTermLoansPayable
DEFERRED INCOME TAXES, long term 1,146us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent 0us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
CONTINGENT CONSIDERATION, net of current portion 56,413us-gaap_BusinessCombinationContingentConsiderationLiabilityNoncurrent 65,842us-gaap_BusinessCombinationContingentConsiderationLiabilityNoncurrent
OTHER LONG TERM LIABILITIES 84us-gaap_OtherLiabilitiesNoncurrent 475us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 262,056us-gaap_Liabilities 264,632us-gaap_Liabilities
COMMITMENTS AND CONTINGENCIES (NOTE N)      
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $.01 per share, 5,000,000 shares authorized; no shares issued and outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, par value $.01 per share, 45,000,000 shares authorized; issued and outstanding 35,442,004 and 35,060,351 shares, respectively 353us-gaap_CommonStockValue 351us-gaap_CommonStockValue
Additional paid-in capital 508,354us-gaap_AdditionalPaidInCapitalCommonStock 500,554us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 31,501us-gaap_RetainedEarningsAccumulatedDeficit 28,835us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, 142,305 shares, at cost (2,104)us-gaap_TreasuryStockValue (2,104)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss (1,269)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (1,534)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 536,835us-gaap_StockholdersEquity 526,102us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 798,891us-gaap_LiabilitiesAndStockholdersEquity $ 790,734us-gaap_LiabilitiesAndStockholdersEquity