Comprehensive Income (Tables)

3 Months Ended

Aug. 31, 2013

Summary of Each Component of Other Comprehensive Income or Loss

The following table summarizes each component of other comprehensive income for the three months ended August 31, 2013:

(in thousands)	Before-Tax Amount			Tax Expense			Net-of-Tax Amount
Foreign currency translation	$	(486	)	$	-		$	(486	)
Pension liability adjustment		-			-			-
Cash flow hedges		4,820			(1,469	)		3,351
Other comprehensive income	$	4,334		$	(1,469	)	$	2,865

The following table summarizes the tax effects of each component of other comprehensive income for the three months ended August 31, 2012:

(in thousands)	Before-Tax Amount			Tax Expense			Net-of-Tax Amount
Foreign currency translation	$	3,908		$	-		$	3,908
Pension liability adjustment		(255	)		83			(172	)
Cash flow hedges		1,224			(240	)		984
Other comprehensive income	$	4,877		$	(157	)	$	4,720