|
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Nov. 30, 2011
|
May 31, 2011
|
| ASSETS |
|
|
| Cash and cash equivalents |
$ 42,955 |
$ 45,984 |
| Marketable securities, at fair value |
93,364 |
85,558 |
| Total cash, cash equivalents and marketable securities |
136,319 |
131,542 |
| Accounts receivable, net of allowances of $690 and $485, respectively |
31,451 |
27,141 |
| Inventories |
29,427 |
28,126 |
| Deferred income taxes |
2,851 |
2,821 |
| Prepaid expenses and other |
5,788 |
4,675 |
| Total current assets |
205,836 |
194,305 |
| PROPERTY, PLANT AND EQUIPMENT-AT COST, less accumulated depreciation |
23,196 |
23,804 |
| OTHER ASSETS |
3,763 |
2,823 |
| INTANGIBLE ASSETS, less accumulated amortization |
43,691 |
48,037 |
| GOODWILL |
161,951 |
161,951 |
| DEFERRED INCOME TAXES, long term |
4,870 |
5,835 |
| PREPAID ROYALTIES |
283 |
666 |
| TOTAL ASSETS |
443,590 |
437,421 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
| Accounts payable |
11,808 |
11,391 |
| Accrued liabilities |
14,522 |
13,841 |
| Current portion of long-term debt |
290 |
275 |
| Total current liabilities |
26,620 |
25,507 |
| LONG-TERM DEBT, net of current portion |
6,125 |
6,275 |
| Total liabilities |
32,745 |
31,782 |
| COMMITMENTS AND CONTINGENCIES |
|
|
| STOCKHOLDERS' EQUITY |
|
|
| Preferred stock, par value $.01 per share, 5,000,000 shares authorized; no shares issued and outstanding |
|
|
| Common stock, par value $.01 per share, 45,000,000 shares authorized; issued and outstanding 25,103,357 and 24,985,657 shares at November 30, 2011 and May 31, 2011, respectively |
251 |
250 |
| Additional paid-in capital |
373,219 |
371,393 |
| Retained earnings |
38,971 |
35,269 |
| Accumulated other comprehensive loss |
(1,596) |
(1,273) |
| Total stockholders' equity |
410,845 |
405,639 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
$ 443,590 |
$ 437,421 |