Inventories

6 Months Ended

Nov. 30, 2023

Inventories

3. INVENTORIES

Inventories are stated at the lower of cost, determined by the first-in, first-out method, or net realizable value. The components of inventories follow:

	November 30, 2023			May 31, 2023
Raw materials	$	67,768		$	66,617
Work-in-process		6,645			5,369
Finished and purchased goods		94,157			68,100
Inventory reserve		(8,041	)		(6,274	)
	$	160,529		$	133,812