Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2023	May 31, 2022
Current Assets
Cash and cash equivalents	$ 44,620	$ 28,825
Accounts receivable, net of allowances of $2,150 and $1,939, respectively	52,826	52,304
Inventories	55,325	51,392
Prepaid expenses and other	4,617	10,824
Current assets held for sale	6,154	0
Total current assets	163,542	143,345
Property, plant and equipment, net	44,384	45,005
Intangible assets, net	111,144	152,380
Goodwill	159,238	201,058
Other assets	10,676	10,963
Non-current assets held for sale	43,653	0
Total Assets	532,637	552,751
Current Liabilities
Accounts payable	40,445	28,047
Accrued liabilities	26,617	34,842
Current portion of contingent consideration	14,761	8,783
Other current liabilities	2,002	2,652
Total current liabilities	83,825	74,324
Long-term debt	49,818	25,000
Deferred income taxes	12,813	16,037
Contingent consideration, net of current portion	4,535	8,165
Other long-term liabilities	3,350	4,736
Total Liabilities	154,341	128,262
Commitments and Contingencies (Note 17)
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; 39,981,422 and 39,541,173 shares issued and 39,611,422 and 39,171,173 shares outstanding at May 31, 2023 and 2022, respectively	382	380
Additional paid-in capital	599,206	586,879
Accumulated deficit	(210,855)	(158,413)
Treasury stock, 370,000 shares, at cost at May 31, 2023 and 2022, respectively	(5,714)	(5,714)
Accumulated other comprehensive income (loss)	(4,723)	1,357
Total Stockholders' Equity	378,296	424,489
Total Liabilities and Stockholders' Equity	$ 532,637	$ 552,751