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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2013
May 31, 2012
Current assets:    
Cash and cash equivalents $ 36,422 $ 22,477
Receivables, net of allowance of $5,352 and $4,405 154,974 157,625
Inventory 26,811 24,986
Prepaid income taxes 4,588  
Deferred income taxes 4,660 5,157
Prepaid expenses and other current assets 6,643 8,430
Total current assets 234,098 218,675
Property, plant and equipment, net 72,503 62,041
Assets held for sale 5,757 5,830
Intangible assets, net of accumulated amortization of $8,118 and $5,658 26,899 18,508
Goodwill 104,787 95,002
Other assets, net 2,834 3,081
Deferred income taxes 259 651
Total assets 447,137 403,788
Current liabilities:    
Accounts payable 15,805 18,427
Other accrued liabilities 37,935 38,492
Income taxes payable 1,396 4,737
Deferred income taxes 107  
Total current liabilities 55,243 61,656
Deferred income taxes 15,563 11,259
Long-term debt 89,063 85,872
Other long-term liabilities 6,661  
Total liabilities 166,530 158,787
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; 20,586,397 and 19,954,996 shares issued 6,175 5,985
Additional paid-in capital 98,357 85,801
Retained earnings 173,011 152,049
Accumulated other comprehensive income (loss) (878) (2,587)
Treasury stock at cost, 89,569 and 89,569 shares (1,344) (1,344)
Total Team shareholders' equity 275,321 239,904
Non-controlling interest 5,286 5,097
Total equity 280,607 245,001
Total liabilities and equity $ 447,137 $ 403,788