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Consolidated Balance Sheets - USD ($)
Nov. 30, 2022
May 31, 2022
Current Assets    
Cash and cash equivalents $ 100,000,000 $ 44,473,000
Marketable securities 176,338,000 336,578,000
Accounts receivable, net of allowance of $1,950 and $1,650 at November 30, 2022 and May 31, 2022, respectively 142,711,000 99,674,000
Inventories 136,069,000 122,313,000
Prepaid expenses and other current assets 88,215,000 23,760,000
Total Current Assets 643,333,000 626,798,000
Net Property and Equipment 148,170,000 110,584,000
Other Assets    
Right of use assets 3,707,000 3,184,000
Goodwill 2,122,397,000 142,704,000
Other non-amortizable intangible assets 15,216,000 15,397,000
Amortizable intangible and other assets, net of accumulated amortization of $78,046 and $55,416 at November 30, 2022 and May 31, 2022, respectively 1,626,514,000 92,106,000
Other non-current assets 3,905,000 2,156,000
Total Assets 4,563,242,000 992,929,000
Current Liabilities    
Accounts payable 79,251,000 34,614,000
Accrued compensation 15,014,000 11,123,000
Income tax payable 9,049,000 2,126,000
Accrued interest 13,974,000 0
Deferred revenue 5,083,000 5,460,000
Other accruals 30,187,000 24,521,000
Total Current Liabilities 152,558,000 77,844,000
Deferred Income Tax Liability 364,252,000 17,011,000
Non-current debt 923,962,000 0
Other non-current liabilities 16,207,000 10,700,000
Total Liabilities 1,456,979,000 105,555,000
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, 216,154,283 and 107,801,094 shares issued and outstanding at November 30, 2022 and May 31, 2022, respectively 34,584,000 17,248,000
Additional paid-in capital 2,560,898,000 309,984,000
Accumulated other comprehensive loss (40,498,000) (27,769,000)
Retained earnings 551,279,000 587,911,000
Total Stockholders' Equity 3,106,263,000 887,374,000
Total Liabilities and Stockholders' Equity $ 4,563,242,000 $ 992,929,000