Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Nov. 30, 2015 |
Nov. 30, 2014 |
Nov. 30, 2015 |
Nov. 30, 2014 |
|
| NET SALES | $ 96,249 | $ 96,277 | $ 192,961 | $ 198,717 |
| COST OF SALES (exclusive of amortization shown separately below) | 37,888 | 35,773 | 72,529 | 72,600 |
| GROSS PROFIT | 58,361 | 60,504 | 120,432 | 126,117 |
| OPERATING EXPENSES: | ||||
| Research and development | 6,760 | 7,115 | 13,590 | 14,194 |
| Selling and marketing | 14,819 | 15,373 | 28,806 | 30,429 |
| Distribution | 4,395 | 5,316 | 8,814 | 10,356 |
| General and administrative | 10,608 | 10,698 | 21,354 | 21,581 |
| Amortization expense | 13,591 | 13,651 | 27,169 | 27,332 |
| Total operating expenses | 50,173 | 52,153 | 99,733 | 103,892 |
| INCOME FROM OPERATIONS | 8,188 | 8,351 | 20,699 | 22,225 |
| NON-OPERATING (EXPENSE) INCOME: | ||||
| Interest income | 41 | 32 | 83 | 88 |
| Interest expense | (22,454) | (22,822) | (44,946) | (45,120) |
| Other, net | 78 | 214 | (50) | 289 |
| Total non-operating net expense | (22,335) | (22,576) | (44,913) | (44,743) |
| LOSS BEFORE INCOME TAXES | (14,147) | (14,225) | (24,214) | (22,518) |
| BENEFIT FOR INCOME TAXES | (2,351) | (5,148) | (5,201) | (7,961) |
| NET LOSS | (11,796) | (9,077) | (19,013) | (14,557) |
| NET SALES | 96,249 | 96,277 | 192,961 | 198,717 |
| COST OF SALES (exclusive of amortization shown separately below) | 37,888 | 35,773 | 72,529 | 72,600 |
| GROSS PROFIT | $ 58,361 | $ 60,504 | $ 120,432 | $ 126,117 |