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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
May 31, 2013
May 31, 2012
May 31, 2011
Revenues $ 714,311 $ 623,740 $ 508,020
Operating expenses 501,346 428,689 350,877
Gross margin 212,965 195,051 157,143
Selling, general and administrative expenses 158,355 139,737 115,698
Earnings from unconsolidated affiliates 992 1,183 1,030
Operating income 55,602 56,497 42,475
Interest expense, net 2,734 2,380 2,156
Write-down of property costs (see Note 5)   1,658  
Foreign currency loss (gain) 943 (31) 147
Earnings before income taxes 51,925 52,490 40,172
Less: Provision for income taxes (see Note 8) 19,211 19,422 13,548
Net income 32,714 33,068 26,624
Less: Income attributable to non-controlling interest 278 157 39
Net income available to Team shareholders $ 32,436 $ 32,911 $ 26,585
Net income per share: Basic $ 1.61 $ 1.67 $ 1.38
Net income per share: Diluted $ 1.53 $ 1.59 $ 1.32