OTHER COMPREHENSIVE INCOME (Tables)

6 Months Ended

Nov. 30, 2012

A summary of other comprehensive income included within shareholders’ equity as of November 30, 2012 and May 31, 2012 is as follows (in thousands):


	November 30, 2012			May 31, 2012
	(unaudited)
Foreign currency translation adjustments	$	(331	)	$	(4,593	)
Foreign currency hedge		2,030			2,678
Tax provision on other comprehensive income		(1,048	)		(672	)

Total	$	651		$	(2,587	)

The following table represents the related tax effects allocated to each component of other comprehensive income (in thousands):


	Six Months Ended November 30, 2012									Six Months Ended November 30, 2011
	(unaudited)									(unaudited)
	Gross Amount			Tax Effect			Net Amount			Gross Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	4,290		$	(629	)	$	3,661		$	(6,330	)	$	1,294		$	(5,036	)
Foreign currency hedge		(648	)		253			(395	)		1,281			(499	)		782

	$	3,642		$	(376	)	$	3,266		$	(5,049	)	$	795		$	(4,254	)