Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2023	May 31, 2022
Current assets
Cash and cash equivalents	$ 30,111	$ 28,825
Accounts receivable, net of allowances of $2,030 and $1,939 respectively	50,892	52,304
Inventories	63,532	51,392
Prepaid expenses and other	8,039	10,824
Total current assets	152,574	143,345
Property, plant and equipment, net	45,559	45,005
Intangible assets, net	134,011	152,380
Goodwill	199,976	201,058
Other assets	10,729	10,963
Total assets	542,849	552,751
Current liabilities
Accounts payable	35,600	28,047
Accrued liabilities	21,775	34,842
Current portion of contingent consideration	9,877	8,783
Other current liabilities	2,380	2,652
Total current liabilities	69,632	74,324
Long-term debt	49,807	25,000
Deferred income taxes	13,490	16,037
Contingent consideration, net of current portion	9,182	8,165
Other long-term liabilities	3,083	4,736
Total liabilities	145,194	128,262
Commitments and contingencies (Note 14)
Stockholders' equity
Preferred stock, par value $0.01 per share, 5,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock, par value $0.01 per share, 75,000,000 shares authorized; 39,976,422 and 39,541,173 shares issued and 39,606,422 and 39,171,173 shares outstanding at February 28, 2023 and May 31, 2022, respectively	382	380
Additional paid-in capital	596,225	586,879
Accumulated deficit	(189,388)	(158,413)
Treasury stock, 370,000 shares at February 28, 2023 and May 31, 2022, respectively	(5,714)	(5,714)
Accumulated other comprehensive income	(3,850)	1,357
Total Stockholders’ Equity	397,655	424,489
Total Liabilities and Stockholders' Equity	$ 542,849	$ 552,751