Comprehensive Income (Tables)

6 Months Ended

Nov. 30, 2013

Summary of Tax Effects of Each Component of Other Comprehensive Income

The following table summarizes the tax effects of each component of other comprehensive income for the three months ended November 30, 2013 and 2012:

	2013							2012
(in thousands)	Before-Tax Amount		Tax Expense			Net-of-Tax Amount		Before-Tax Amount		Tax Expense			Net-of-Tax Amount
Foreign currency translation	$	3,037		-		$	3,037	$	4,167	$	-		$	4,167
Pension liability adjustment		-		-			-		-		-			-
Cash flow hedges		661		(308	)		353		553		(882	)		(329	)
Other comprehensive income	$	3,698	$	(308	)	$	3,390	$	4,720	$	(882	)	$	3,838

The following table summarizes the tax effects of each component of other comprehensive income for the six months ended November 30, 2013 and 2012:

	2013							2012
(in thousands)	Before-Tax Amount		Tax Expense			Net-of-Tax Amount		Before-Tax Amount			Tax Expense			Net-of-Tax Amount
Foreign currency translation	$	2,551	$	-		$	2,551	$	8,075		$	-		$	8,075
Pension liability adjustment		-		-			-		(255	)		83			(172	)
Cash flow hedges		5,481		(1,777	)		3,704		1,777			(1,122	)		655
Other comprehensive income	$	8,032	$	(1,777	)	$	6,255	$	9,597		$	(1,039	)	$	8,558