XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
Income Statement [Abstract]        
Net sales $ 75,182 $ 80,712 $ 232,934 $ 247,678
Cost of sales (exclusive of intangible amortization) 39,321 40,208 116,751 119,791
Gross profit 35,861 40,504 116,183 127,887
Operating expenses:        
Research and development 8,189 6,852 24,788 22,023
Sales and marketing 25,405 25,406 78,237 77,956
General and administrative 10,578 8,839 30,723 29,775
Amortization of intangibles 3,287 4,739 10,474 14,384
Goodwill impairment 159,476 0 159,476 0
Change in fair value of contingent consideration 112 227 203 2,084
Acquisition, restructuring and other items, net 35,367 3,369 44,767 12,009
Total operating expenses 242,414 49,432 348,668 158,231
Gain on sale of assets 6,657 0 54,499 0
Operating loss (199,896) (8,928) (177,986) (30,344)
Other expense:        
Interest income (expense), net 394 (736) 1,047 (1,801)
Other expense, net (238) 0 (558) (427)
Total other income (expense), net 156 (736) 489 (2,228)
Loss before income tax benefit (199,740) (9,664) (177,497) (32,572)
Income tax benefit (12,004) (179) (6,597) (1,597)
Net loss $ (187,736) $ (9,485) $ (170,900) $ (30,975)
Loss per share        
Loss per share, basic (USD per share) $ (4.67) $ (0.24) $ (4.26) $ (0.79)
Loss per share, diluted (USD per share) $ (4.67) $ (0.24) $ (4.26) $ (0.79)
Weighted average shares outstanding        
Basic weighted average shares outstanding (in shares) 40,234 39,509 40,098 39,436
Diluted weighted average shares outstanding (in shares) 40,234 39,509 40,098 39,436