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Leases (Tables)
 9 Months Ended
Feb. 28, 2021
Leases [Abstract]  
Supplemental balance sheet information
The following table presents supplemental balance sheet information related to leases:
(in thousands)Balance Sheet LocationFeb 28, 2021May 31, 2020
Assets
Operating lease ROU assetOther assets$9,945 $10,146 
Liabilities
Current operating lease liabilitiesOther current liabilities2,363 2,077 
Non-current operating lease liabilitiesOther long-term liabilities7,940 8,345 
Total lease liabilities$10,303 $10,422 
The following table presents the weighted average remaining lease term and discount rate:
Feb 28, 2021
Weighted average remaining term (in years)4.35
Weighted average discount rate3.8 %
Lease liability schedule
The maturities of the lease liabilities for each of the following fiscal years is:
(in thousands)Feb 28, 2021
Remainder of 2021$675 
20222,733 
20232,784 
20242,206 
20251,451 
2026 and thereafter1,318 
Total lease payments$11,167 
Less: Imputed Interest864 
Total lease obligations$10,303 
Less: Current portion of lease obligations2,363 
Long-term lease obligations$7,940 
Supplemental cash flow information During the nine months ended February 28, 2021 and February 29, 2020, the Company recognized $2.4 million and $2.5 million of operating lease expense, respectively, which includes immaterial short-term leases. The expenses on the Consolidated Statement of Operations were classified as follows:
Three Months Ended
Nine Months Ended
(in thousands)
Feb 28, 2021
Feb 29, 2020Feb 28, 2021Feb 29, 2020
Cost of sales$209 $297 $602 $856 
Research and development197 192 682 388 
Sales and marketing111 100 304 298 
General and administrative277 336 828 927 
$794 $925 $2,416 $2,469 
The following table presents supplemental cash flow and other information related to leases for the nine months ended:
(in thousands)Feb 28, 2021Feb 29, 2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$2,020 $1,767 
ROU assets obtained in exchange for lease liabilities
Operating leases$1,585 $5,595