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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2024
May 31, 2023
Current Assets    
Cash and cash equivalents $ 161,437 $ 163,240
Marketable securities 7,010 82,329
Accounts receivable, net of allowance of $4,099 and $2,827 173,592 153,253
Inventories, net 182,390 133,812
Prepaid expenses and other current assets 78,042 53,297
Total Current Assets 602,471 585,931
Net Property and Equipment 272,282 198,749
Other Assets    
Right of use assets 15,301 11,933
Goodwill 2,136,338 2,137,496
Intangible assets, net 1,539,744 1,605,103
Other non-current assets 16,356 15,220
Total Assets 4,582,492 4,554,432
Current Liabilities    
Current portion of finance lease 2,521  
Accounts payable 89,748 76,669
Accrued compensation 20,305 25,153
Income tax payable 11,573 6,951
Accrued interest 3,438 11,149
Deferred revenue 5,486 4,616
Other accruals 24,773 20,934
Total Current Liabilities 157,844 145,472
Deferred Income Tax Liability 353,853 353,427
Non-Current Debt 887,653 885,439
Other Non-Current Liabilities 36,968 35,877
Total Liabilities 1,436,318 1,420,215
Commitments and Contingencies (note 12)
Equity    
Preferred stock, $1.00 par value, 100,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.16 par value, 315,000,000 shares authorized, 216,607,746 and 216,245,501 shares issued and outstanding at February 29, 2024, and May 31, 2023, respectively 34,657 34,599
Additional paid-in capital 2,579,955 2,567,828
Accumulated other comprehensive loss (29,473) (33,251)
Retained earnings 561,035 565,041
Total Stockholders' Equity 3,146,174 3,134,217
Total Liabilities and Stockholders' Equity $ 4,582,492 $ 4,554,432