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Consolidated Condensed Balance Sheets (USD $)
In Thousands
Aug. 31, 2011
May 31, 2011
ASSETS    
Cash and cash equivalents $ 21,324 $ 14,078
Receivables, net of allowance of $4,532 and $4,222 128,168 143,120
Inventory 22,209 21,335
Deferred income taxes 1,828 3,795
Prepaid expenses and other current assets 7,674 7,946
Total Current Assets 181,203 190,274
Property, plant and equipment, net 59,996 58,567
Intangible assets, net of accumulated amortization of $3,703 and $3,218 14,300 14,819
Goodwill 89,554 89,520
Other assets, net 3,271 2,189
Deferred income taxes 214 117
Total Assets 348,538 355,486
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt 133 212
Accounts payable 16,214 24,371
Other accrued liabilities 27,450 32,511
Income taxes payable 3,024 2,641
Deferred income taxes 73 6
Total Current Liabilities 46,894 59,741
Deferred income taxes 10,890 10,431
Long-term debt 72,699 75,868
Total Liabilities 130,483 146,040
Commitments And Contingencies    
Stockholders' Equity:    
Preferred stock, 500,000 shares authorized, none issued    
Common stock, par value $0.30 per share, 30,000,000 shares authorized; 19,608,276 and 19,571,138 shares issued 5,881 5,871
Non-controlling interest 5,007 4,983
Additional paid-in capital 79,386 77,867
Retained earnings 125,932 119,138
Accumulated other comprehensive income 3,193 2,931
Treasury stock at cost, 89,569 and 89,569 shares (1,344) (1,344)
Total Stockholders' Equity 218,055 209,446
Total Liabilities And Stockholders' Equity $ 348,538 $ 355,486