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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2013
May 31, 2013
Current assets:    
Cash and cash equivalents $ 33,672 $ 34,201
Receivables, net of allowance of $5,742 and $5,438 167,015 172,108
Inventory 26,830 26,507
Deferred income taxes 3,313 5,321
Prepaid expenses and other current assets 8,412 8,781
Total current assets 239,242 246,918
Property, plant and equipment, net 76,724 74,939
Assets held for sale 5,207 5,207
Intangible assets, net of accumulated amortization of $9,985 and $9,039 30,910 25,950
Goodwill 108,977 103,466
Other assets, net 3,292 2,907
Deferred income taxes 1,038 816
Total assets 465,390 460,203
Current liabilities:    
Accounts payable 16,782 22,411
Other accrued liabilities 38,147 49,165
Income taxes payable 984 1,228
Deferred income taxes 129  
Total current liabilities 56,042 72,804
Deferred income taxes 16,828 17,166
Long-term debt 88,178 72,946
Other long-term liabilities 6,944 5,097
Total liabilities 167,992 168,013
Commitments and contingencies      
Equity:    
Preferred stock, 500,000 shares authorized, none issued      
Common stock, par value $0.30 per share, 60,000,000 and 30,000 shares authorized; 20,611,041 and 20,587,808 shares issued 6,182 6,176
Additional paid-in capital 100,780 99,278
Retained earnings 188,995 184,485
Accumulated other comprehensive (loss) income (2,548) (1,789)
Treasury stock at cost, 89,569 and 89,569 shares (1,344) (1,344)
Total Team shareholders' equity 292,065 286,806
Non-controlling interest 5,333 5,384
Total equity 297,398 292,190
Total liabilities and equity $ 465,390 $ 460,203