Comprehensive Income (Loss) (Tables)

9 Months Ended

Feb. 28, 2015

Summary of Tax Effects of Each Component of Other Comprehensive Income (Loss)

The following table summarizes the tax effects on each component of other comprehensive income (loss) for the three months ended February 28, 2015 and 2014:

	2015								2014
	Before-Tax Amount			Tax Benefit		Net-of-Tax Amount			Before-Tax Amount			Tax Expense			Net-of-Tax Amount
(in thousands)
Foreign currency translation		(14,873	)	$	-	$	(14,873	)	$	3,043			-		$	3,043
Pension liability adjustment		(1,072	)		371		(701	)		691			(241	)		450
Cash flow hedges		(15,253	)		5,715		(9,538	)		(62	)		(32	)		(94	)
Other comprehensive income (loss )	$	(31,198	)	$	6,086	$	(25,112	)	$	3,672		$	(273	)	$	3,399

The following table summarizes the tax effects on each component of other comprehensive income (loss) for the nine months ended February 28, 2015 and 2014:

	2015								2014
	Before-Tax Amount			Tax Benefit		Net-of-Tax Amount			Before-Tax Amount		Tax Expense			Net-of-Tax Amount
(in thousands)
Foreign currency translation	$	(31,735	)	$	-	$	(31,735	)	$	5,594	$	-		$	5,594
Pension liability adjustment		(1,072	)		371		(701	)		691		(241	)		450
Cash flow hedges		(16,683	)		6,225		(10,458	)		5,419		(1,809	)		3,610
Other comprehensive income (loss)	$	(49,490	)	$	6,596	$	(42,894	)	$	11,704	$	(2,050	)	$	9,654