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Assets Held For Sale
 12 Months Ended
May 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
ASSETS HELD FOR SALE ASSETS HELD FOR SALE
During the fourth quarter of fiscal year 2023, the Company was in discussions with Merit to sell the dialysis product portfolio and BioSentry tract sealant system biopsy businesses. This qualified for held for sale accounting and the Company determined that the fair value of the net assets being sold exceeded the carrying value as of May 31, 2023. The transaction was finalized on June 8, 2023.
The following table summarizes the major classes of assets held for sale:
(in thousands)As of May 31, 2023
Current assets:
Inventories $4,154 
Prepaid expenses and other2,000 
   Total current assets held for sale$6,154 
Non-current assets:
Property, plant and equipment, net$44 
Intangible assets, net17,629 
Goodwill25,980 
   Total non-current assets held for sale$43,653