Restructuring and Other Expense (Tables)

9 Months Ended

Feb. 28, 2013

Schedule of Progression of Liabilities Created as Part of Transformation Plan, Combined with Reconciliation to Restructuring and Other Expense

A progression of the liabilities created as part of the Transformation Plan during the nine months ended February 28, 2013, combined with a reconciliation to the restructuring and other expense financial statement caption in our consolidated statement of earnings is summarized as follows:


(in thousands)	Beginning Balance		Expense/ (Income)			Payments			Adjustments			Ending Balance
Early retirement and severance	$	4,892	$	(254	)	$	(1,756	)	$	297		$	3,179
Facility exit and other costs		691		2,763			(1,589	)		(460	)		1,405

	$	5,583		2,509		$	(3,345	)	$	(163	)	$	4,584

Net gain on asset disposals				(1,886	)
Less: joint venture transactions				1,188

Restructuring and other expense			$	1,811

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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