Segment Information and Geographic Data (Tables)

6 Months Ended

Nov. 30, 2023

Schedule of Segment Information

Segment information follows:

	Food Safety		Animal Safety		Corporate and Eliminations (1)			Total
As of and during the three months ended November 30, 2023
Product revenues to external customers	$	156,317	$	47,552	$	—		$	203,869
Service revenues to external customers		8,086		17,674		—			25,760
Total revenues to external customers	$	164,403	$	65,226	$	—		$	229,629
Operating income (loss)	$	24,329	$	7,739	$	(17,603	)	$	14,465
Total assets	$	4,029,108	$	341,919	$	231,388		$	4,602,415
As of and during the three months ended November 30, 2022
Product revenues to external customers	$	154,223	$	49,094	$	—		$	203,317
Service revenues to external customers		7,120		19,596		—			26,716
Total revenues to external customers	$	161,343	$	68,690	$	—		$	230,033
Operating income (loss)	$	21,446	$	12,806	$	(41,908	)	$	(7,656	)
Total assets	$	3,955,488	$	329,177	$	278,577		$	4,563,242

(1)Includes corporate assets, consisting principally of cash and cash equivalents, marketable securities, current and deferred tax accounts and overhead expenses not allocated to specific business segments. Also includes the elimination of intersegment transactions.

	Food Safety		Animal Safety		Corporate and Eliminations (1)			Total
As of and during the six months ended November 30, 2023
Product revenues to external customers	$	315,264	$	93,006	$	—		$	408,270
Service revenues to external customers		15,417		34,929		—			50,346
Total revenues to external customers	$	330,681	$	127,935	$	—		$	458,616
Operating income (loss)	$	46,570	$	16,095	$	(29,065	)	$	33,600
As of and during the six months ended November 30, 2022
Product revenues to external customers	$	212,013	$	98,096	$	—		$	310,109
Service revenues to external customers		13,973		38,300		—			52,273
Total revenues to external customers		225,986		136,396		-			362,382
Operating income (loss)		30,042		24,687		(56,323	)		(1,594	)

(1)Includes the elimination of intersegment transactions.

Summary of Disaggregated Revenue by Geographic Location

The following table presents the Company’s revenue disaggregated by geographic location:

	Three Months Ended November 30,				Six Months Ended November 30,
	2023		2022		2023		2022
Domestic	$	113,554	$	114,413	$	224,622	$	195,055
International		116,075		115,620		233,994		167,327
Total revenue	$	229,629	$	230,033	$	458,616	$	362,382