LONG-TERM DEBT, DERIVATIVES AND LETTERS OF CREDIT (Tables)

6 Months Ended

Nov. 30, 2012

Other comprehensive income, and reclassified into income

The amounts recognized in other comprehensive income, and reclassified into income, for the three and six months ended November 30, 2012 and 2011, are as follows (in thousands):

	Gain (Loss) Recognized in Other Comprehensive Income					Gain (Loss) Reclassified from Other Comprehensive Income to Earnings				Gain (Loss) Recognized  in Other Comprehensive Income					Gain (Loss) Reclassified from Other Comprehensive Income to Earnings
	Three Months Ended November 30,					Three Months Ended November 30,				Six Months Ended November 30,					Six Months Ended November 30,
	(unaudited)					(unaudited)				(unaudited)					(unaudited)
	2012			2011		2012		2011		2012			2011		2012		2011
Euro denominated long-term debt	$	(536	)	$	1,315	$	—	$	—	$	(648	)	$	1,281	$	—	$	—
Total	$	(536	)	$	1,315	$	—	$	—	$	(648	)	$	1,281	$	—	$	—

Fair value totals and balance sheet classification for derivatives designated as hedges

The following table presents the fair value totals and balance sheet classification for derivatives designated as hedges under ASC 815 (in thousands):

November 30, 2012

May 31, 2012

(unaudited)

Classification

Balance  Sheet Location

Fair Value

Classification

Balance  Sheet Location

Fair Value

Euro denominated long-term debt

Liability

Long-term debt

$

2,030

Liability

Long-term debt

$

2,678

Total

$

2,030

$

2,678