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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2025
May 31, 2024
Current assets:    
Cash and cash equivalents $ 222,844 $ 244,225
Receivables, less allowances of $3,651 and $343, respectively 202,848 199,798
Inventories:    
Raw materials 78,186 66,040
Work in process 10,025 11,668
Finished products 77,124 86,907
Total inventories 165,335 164,615
Income taxes receivable 3,543 17,319
Prepaid expenses and other current assets 39,394 47,936
Total current assets 633,964 673,893
Investments in unconsolidated affiliates 131,800 144,863
Operating lease assets 21,757 18,667
Goodwill 368,047 331,595
Other intangible assets, net of accumulated amortization of $92,675 and $83,242, respectively 239,852 221,071
Other assets 23,779 21,342
Property, plant and equipment:    
Land 8,613 8,657
Buildings and improvements 130,230 123,478
Machinery and equipment 363,762 321,836
Construction in progress 31,048 24,504
Total property, plant and equipment 533,653 478,475
Less: accumulated depreciation 270,848 251,269
Total property, plant and equipment, net 262,805 227,206
Total assets 1,682,004 1,638,637
Current liabilities:    
Accounts payable 83,905 91,605
Accrued compensation, contributions to employee benefit plans and related taxes 37,329 41,974
Dividends payable 9,102 9,038
Other accrued items 41,578 29,061
Current operating lease liabilities 5,644 6,228
Income taxes payable 2,830 470
Total current liabilities 180,388 178,376
Other liabilities 59,301 62,243
Distributions in excess of investment in unconsolidated affiliate 110,402 111,905
Long-term debt 293,921 298,133
Noncurrent operating lease liabilities 16,595 12,818
Deferred income taxes, net 82,876 84,150
Total liabilities 743,483 747,625
Shareholders' equity - controlling interest 937,208 888,879
Noncontrolling interests 1,313 2,133
Total equity 938,521 891,012
Total liabilities and equity $ 1,682,004 $ 1,638,637