Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2024	May 31, 2024
Current assets
Cash and cash equivalents	$ 55,005	$ 76,056
Accounts receivable, net of allowances of $2,363 and $2,141 respectively	39,563	43,610
Inventories	64,700	60,616
Prepaid expenses and other	13,326	12,971
Total current assets	172,594	193,253
Property, plant and equipment, net	34,377	35,666
Intangible assets, net	75,774	77,383
Other assets	10,883	11,369
Total assets	293,628	317,671
Current liabilities
Accounts payable	31,272	37,751
Accrued liabilities	34,108	41,098
Current portion of contingent consideration	4,804	4,728
Other current liabilities	6,515	7,578
Total current liabilities	76,699	91,155
Deferred income taxes	4,626	4,852
Other long-term liabilities	15,721	16,078
Total liabilities	97,046	112,085
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; 41,446,390 and 40,801,597 shares issued and 41,004,249 and 40,431,597 shares outstanding at August 31, 2024 and May 31, 2024, respectively	386	385
Additional paid-in capital	613,730	610,484
Accumulated deficit	(408,002)	(395,204)
Treasury stock, 442,141 and 370,000 shares at August 31, 2024 and May 31, 2024, respectively	(6,265)	(5,714)
Accumulated other comprehensive loss	(3,267)	(4,365)
Total Stockholders’ Equity	196,582	205,586
Total Liabilities and Stockholders' Equity	$ 293,628	$ 317,671