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Related Party Transactions
12 Months Ended
May 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions

Note U – Related Party Transactions

We purchase from, and sell to, affiliated companies certain raw materials and services at prevailing market prices.  Net sales to affiliated companies for fiscal 2021, fiscal 2020 and fiscal 2019 totaled $41,426,000, $33,826,000, and $53,125,000, respectively.  Purchases from affiliated companies for fiscal 2021, fiscal 2020 and fiscal 2019 totaled $5,000,000, $2,461,000, and $2,906,000, respectively. Accounts receivable from affiliated companies were $3,891,000 and $8,688,000 at May 31, 2021 and 2020, respectively.  Accounts payable to affiliated companies were $9,000 and $4,736,000 at May 31, 2021 and 2020, respectively.