Note 5 - Inventories, Net

6 Months Ended

Nov. 30, 2015

Notes to Financial Statements

Inventory Disclosure [Text Block]

5. INVENTORIES, net

Inventories, net are stated at the lower of cost (first-in, first-out basis) or market (net realizable value).

Inventories, net consist of the following (in thousands):

	As of
	November 30, 2015		May 31, 2015
Raw materials and supplies	$	13,690		10,816
Work in process		9,953		9,197
Finished goods		21,041		21,834
	$	44,684		41,847