Intangible Assets

3 Months Ended

Aug. 31, 2013

Intangible Assets

7. INTANGIBLE ASSETS

A summary of intangible assets as of August 31, 2013 and May 31, 2013 is as follows (in thousands):

	August 31, 2013							May 31, 2013
	(unaudited)
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	27,349	$	(4,858	)	$	22,491	$	21,418	$	(4,168	)	$	17,250
Non-compete agreements		3,676		(3,275	)		401		3,701		(3,232	)		469
Trade names		4,075		(487	)		3,588		4,075		(424	)		3,651
Technology		5,112		(1,299	)		3,813		5,112		(1,166	)		3,946
Licenses		683		(66	)		617		683		(49	)		634
Total	$	40,895	$	(9,985	)	$	30,910	$	34,989	$	(9,039	)	$	25,950

Amortization expense for the three months ended August 31, 2013 and 2012 was $1.0 million and $0.7 million, respectively.