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Related Party Transactions
12 Months Ended
May. 31, 2015
Related Party Transactions

Note S – Related Party Transactions

We purchase from, and sell to, affiliated companies certain raw materials and services at prevailing market prices. Net sales to affiliated companies for fiscal 2015, fiscal 2014 and fiscal 2013 totaled $32,277,000, $31,441,000, and $19,568,000, respectively. Purchases from affiliated companies for fiscal 2015, fiscal 2014 and fiscal 2013 totaled $8,021,000, $9,387,000, and $4,930,000, respectively. Accounts receivable from affiliated companies were $5,826,000 and $4,124,000 at May 31, 2015 and 2014, respectively. Accounts payable to affiliated companies were $11,528,000 and $12,716,000 at May 31, 2015 and 2014, respectively.