Comprehensive Income (Loss) (Tables)

6 Months Ended

Nov. 30, 2015

Summary of Tax Effects of Each Component of Other Comprehensive Loss

The following table summarizes the tax effects on each component of other comprehensive loss for the three months ended November 30:

	2015								2014
	Before-Tax			Tax		Net-of-Tax			Before-Tax			Tax		Net-of-Tax
(in thousands)
Foreign currency translation	$	(9,214	)	$	-	$	(9,214	)	$	(7,270	)	$	-	$	(7,270	)
Pension liability adjustment		-			-		-			-			-		-
Cash flow hedges		(3,805	)		1,282		(2,523	)		(2,973	)		1,092		(1,881	)
Other comprehensive income (loss )	$	(13,019	)	$	1,282	$	(11,737	)	$	(10,243	)	$	1,092	$	(9,151	)

The following table summarizes the tax effects on each component of other comprehensive loss for the six months ended November 30:

	2015								2014
	Before-Tax			Tax		Net-of-Tax			Before-Tax			Tax		Net-of-Tax
(in thousands)
Foreign currency translation	$	(7,391	)	$	-	$	(7,391	)	$	(16,862	)	$	-	$	(16,862	)
Pension liability adjustment		(8	)		-		(8	)		-			-		-
Cash flow hedges		(2,567	)		674		(1,893	)		(1,430	)		510		(920	)
Other comprehensive income (loss)	$	(9,966	)	$	674	$	(9,292	)	$	(18,292	)	$	510	$	(17,782	)