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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2024
May 31, 2024
Current assets:    
Cash and cash equivalents $ 193,805 $ 244,225
Receivables, less allowances of $2,553 and $343, respectively 184,925 199,798
Inventories:    
Raw materials 74,921 66,040
Work in process 10,577 11,668
Finished products 93,965 86,907
Total inventories 179,463 164,615
Income taxes receivable 9,417 17,319
Prepaid expenses and other current assets 35,389 47,936
Total current assets 602,999 673,893
Investments in unconsolidated affiliates 135,218 144,863
Operating lease assets 23,015 18,667
Goodwill 369,799 331,595
Other intangible assets, net of accumulated amortization of $89,638 and $83,242, respectively 244,102 221,071
Other assets 22,309 21,342
Property, plant and equipment:    
Land 8,632 8,657
Buildings and improvements 129,684 123,478
Machinery and equipment 356,678 321,836
Construction in progress 27,330 24,504
Total property, plant and equipment 522,324 478,475
Less: accumulated depreciation 262,749 251,269
Total property, plant and equipment, net 259,575 227,206
Total assets 1,657,017 1,638,637
Current liabilities:    
Accounts payable 83,262 91,605
Accrued compensation, contributions to employee benefit plans and related taxes 28,499 41,974
Dividends payable 9,040 9,038
Other accrued items 42,357 29,061
Current operating lease liabilities 5,396 6,228
Income taxes payable 910 470
Total current liabilities 169,464 178,376
Other liabilities 60,305 62,243
Distributions in excess of investment in unconsolidated affiliate 110,763 111,905
Long-term debt 295,721 298,133
Noncurrent operating lease liabilities 18,090 12,818
Deferred income taxes, net 89,716 84,150
Total liabilities 744,059 747,625
Shareholders' equity - controlling interest 911,321 888,879
Noncontrolling interests 1,637 2,133
Total equity 912,958 891,012
Total liabilities and equity $ 1,657,017 $ 1,638,637