Comprehensive Income (Loss) (Tables)

9 Months Ended

Feb. 29, 2016

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 29, 2016									February 28, 2015
	Before-Tax			Tax			Net-of-Tax			Before-Tax			Tax		Net-of-Tax
(in thousands)
Foreign currency translation	$	8,646		$	-		$	8,646		$	(14,873	)	$	-	$	(14,873	)
Pension liability adjustment		(90	)		-			(90	)		(1,072	)		371		(701	)
Cash flow hedges		8,505			(3,075	)		5,430			(15,253	)		5,715		(9,538	)
Other comprehensive income (loss)	$	17,061		$	(3,075	)	$	13,986		$	(31,198	)	$	6,086	$	(25,112	)

The following table summarizes the tax effects on each component of other comprehensive income (loss) for the nine months ended:

	February 29, 2016									February 28, 2015
	Before-Tax			Tax			Net-of-Tax			Before-Tax			Tax		Net-of-Tax
(in thousands)
Foreign currency translation	$	1,255		$	-		$	1,255		$	(31,735	)	$	-	$	(31,735	)
Pension liability adjustment		(98	)		-			(98	)		(1,072	)		371		(701	)
Cash flow hedges		5,938			(2,401	)		3,537			(16,683	)		6,225		(10,458	)
Other comprehensive income (loss)	$	7,095		$	(2,401	)	$	4,694		$	(49,490	)	$	6,596	$	(42,894	)