Comprehensive Income (Tables)

9 Months Ended

Feb. 28, 2014

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 February 28, 2014 and 2013:

	2014									2013
(in thousands)	Before-Tax Amount			Tax Expense			Net-of-Tax Amount			Before-Tax Amount			Tax Expense		Net-of-Tax Amount
Foreign currency translation	$	3,043			-		$	3,043		$	(1,675	)	$	-	$	(1,675	)
Pension liability adjustment		691			(241	)		450			(43	)		15		(28	)
Cash flow hedges		(62	)		(32	)		(94	)		724			113		837
Other comprehensive income (loss)	$	3,672		$	(273	)	$	3,399		$	(994	)	$	128	$	(866	)

The following table summarizes the tax effects of each component of other comprehensive income for the nine months ended February 28, 2014 and 2013:

	2014							2013
(in thousands)	Before-Tax Amount		Tax Expense			Net-of-Tax Amount		Before-Tax Amount			Tax Expense			Net-of-Tax Amount
Foreign currency translation	$	5,594	$	-		$	5,594	$	6,400		$	-		$	6,400
Pension liability adjustment		691		(241	)		450		(298	)		97			(201	)
Cash flow hedges		5,419		(1,809	)		3,610		2,501			(1,008	)		1,493
Other comprehensive income	$	11,704	$	(2,050	)	$	9,654	$	8,603		$	(911	)	$	7,692