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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
May 31, 2013
May 31, 2012
Current assets:    
Cash and cash equivalents $ 34,201 $ 22,477
Receivables, net of allowance of $5,438 and $4,405 172,108 157,625
Inventory 26,507 24,986
Deferred income taxes 5,321 5,157
Prepaid expenses and other current assets 8,781 8,430
Total current assets 246,918 218,675
Property, plant and equipment, net 74,939 62,041
Assets held for sale 5,207 5,830
Intangible assets, net of accumulated amortization of $9,039 and $5,658 25,950 18,508
Goodwill 103,466 95,002
Other assets, net 2,907 3,081
Deferred income taxes 816 651
Total assets 460,203 403,788
Current liabilities:    
Accounts payable 22,411 18,427
Other accrued liabilities 49,165 38,492
Income taxes payable 1,228 4,737
Total current liabilities 72,804 61,656
Deferred income taxes 17,166 11,259
Long-term debt 72,946 85,872
Other long-term liabilities 5,097  
Total liabilities 168,013 158,787
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; 20,587,808 and 19,954,996 shares issued 6,176 5,985
Additional paid-in capital 99,278 85,801
Retained earnings 184,485 152,049
Accumulated other comprehensive (loss) income (1,789) (2,587)
Treasury stock at cost, 89,569 and 89,569 shares (1,344) (1,344)
Total Team shareholders' equity 286,806 239,904
Non-controlling interest 5,384 5,097
Total equity 292,190 245,001
Total liabilities and equity $ 460,203 $ 403,788