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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2012
May 31, 2012
Current assets:    
Cash and cash equivalents $ 22,714 $ 22,477
Receivables, net of allowance of $5,034 and $4,405 156,794 157,625
Inventory 25,982 24,986
Deferred income taxes 3,137 5,157
Prepaid expenses and other current assets 8,561 8,430
Total current assets 217,188 218,675
Property, plant and equipment, net 64,958 62,041
Assets held for sale 5,830 5,830
Intangible assets, net of accumulated amortization of $6,446 and $5,658 19,786 18,508
Goodwill 95,631 95,002
Other assets, net 3,461 3,081
Deferred income taxes 463 651
Total assets 407,317 403,788
Current liabilities:    
Accounts payable 14,122 18,427
Other accrued liabilities 33,486 38,492
Income taxes payable 5,080 4,737
Deferred income taxes 4   
Total current liabilities 52,692 61,656
Deferred income taxes 11,129 11,259
Long-term debt 87,034 85,872
Total liabilities 150,865 158,787
Commitments and contingencies      
Equity:    
Preferred stock, 500,000 shares authorized, none issued      
Common stock, par value $0.30 per share, 30,000,000 shares authorized; 20,012,828 and 19,954,996 shares issued 6,003 5,985
Additional paid-in capital 87,527 85,801
Retained earnings 159,610 152,049
Accumulated other comprehensive loss (542) (2,587)
Treasury stock at cost, 89,569 and 89,569 shares (1,344) (1,344)
Total Team shareholders' equity 251,254 239,904
Non-controlling interest      
Total equity 256,462 245,001
Total liabilities and equity $ 407,317 $ 403,788