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14. RELATED PARTY TRANSACTIONS	12 Months Ended
May 31, 2013
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	14. RELATED PARTY TRANSACTIONS: The Company has entered into transactions with ESA Electronics Pte Ltd., or ESA, in which the Company owned a 12.5% interest at May 31, 2011. In June 2011, the Company sold its investment in ESA for approximately $1.4 million, recording a gain of $990,000. ESA purchased goods from the Company for $11,000 during fiscal 2011. There were no goods purchased from ESA in fiscal 2011. At May 31, 2011 the Company had no amounts payable to ESA. At May 31, 2011 the Company had no amounts receivable from ESA. Mario M. Rosati, one of the Company’s directors, is also a member of Wilson Sonsini Goodrich & Rosati, Professional Corporation, which has served as the Company’s outside corporate counsel and has received compensation at normal commercial rates for these services. At May 31, 2013, the Company had $60,000 payable to Wilson Sonsini Goodrich & Rosati.

14. RELATED PARTY TRANSACTIONS

12 Months Ended

May 31, 2013

14. RELATED PARTY TRANSACTIONS:

The Company has entered into transactions with ESA Electronics Pte Ltd., or ESA, in which the Company owned a 12.5% interest at May 31, 2011. In June 2011, the Company sold its investment in ESA for approximately $1.4 million, recording a gain of $990,000. ESA purchased goods from the Company for $11,000 during fiscal 2011. There were no goods purchased from ESA in fiscal 2011. At May 31, 2011 the Company had no amounts payable to ESA. At May 31, 2011 the Company had no amounts receivable from ESA.

Mario M. Rosati, one of the Company’s directors, is also a member of Wilson Sonsini Goodrich & Rosati, Professional Corporation, which has served as the Company’s outside corporate counsel and has received compensation at normal commercial rates for these services. At May 31, 2013, the Company had $60,000 payable to Wilson Sonsini Goodrich & Rosati.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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