Segment Information (Tables)

12 Months Ended

May 31, 2024

Segment Information

Segment information is as follows:

	Food Safety		Animal Safety		Corporate and Eliminations (1)			Total
Fiscal 2024
Total revenues to external customers	$	655,341	$	268,881		—		$	924,222
Operating income (loss)		82,446		39,320		(63,103	)		58,663
Depreciation and amortization		102,328		14,389		—			116,717
Interest expense		—		—		73,394			73,394
Total assets		4,035,257		342,640		170,936			4,548,833
Expenditures for long-lived assets		93,036		18,385		—			111,421
Fiscal 2023
Total revenues to external customers	$	546,797	$	275,650		—		$	822,447
Operating income (loss)		60,414		43,332		(66,231	)		37,515
Depreciation and amortization		76,841		11,536		—			88,377
Interest expense		—		—		55,961			55,961
Total assets		3,970,356		338,507		245,569			4,554,432
Expenditures for long-lived assets		52,169		13,588		—			65,757
Fiscal 2022
Total revenues to external customers	$	259,979	$	267,180		—		$	527,159
Operating income (loss)		38,581		52,546		(32,509	)		58,618
Depreciation and amortization		13,386		10,308		—			23,694
Interest expense		—		—		72			72
Total assets		304,461		307,417		381,051			992,929
Expenditures for long-lived assets		7,842		16,939		—			24,781

(1)Includes corporate assets, including 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.

Disaggregated Revenue

The following table presents the Company’s revenue disaggregated by geographical location.

	Year Ended May 31,
	2024		2023		2022
Domestic	$	465,242	$	424,005	$	317,820
International		458,980		398,442		209,339
Total Revenue	$	924,222	$	822,447	$	527,159

Disaggregated Property and Equipment Net

The following table presents the Company's net property and equipment amounts disaggregated by country.

	Year Ended May 31,
	2024		2023
United States	$	209,778	$	130,967
United Kingdom		19,231		20,123
Other		48,095		47,659
Total Property, Plant, and Equipment	$	277,104	$	198,749