Inventories

9 Months Ended

Feb. 29, 2024

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:

	February 29, 2024			May 31, 2023
Raw materials	$	70,143		$	66,617
Work-in-process		11,391			5,369
Finished and purchased goods		110,395			68,100
Inventory reserve		(9,539	)		(6,274	)
	$	182,390		$	133,812