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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
May 31, 2014
May 31, 2013
May 31, 2012
Revenues $ 749,527 $ 714,311 $ 623,740
Operating expenses 527,611 501,346 428,689
Gross margin 221,916 212,965 195,051
Selling, general and administrative expenses 171,455 158,355 139,737
Earnings from unconsolidated affiliates 822 992 1,183
Gain on revaluation of contingent consideration 2,138    
Operating income 53,421 55,602 56,497
Interest expense, net 2,851 2,734 2,380
Write-down of property costs     1,658
Foreign currency loss (gain) 4,185 943 (31)
Earnings before income taxes 46,385 51,925 52,490
Less: Provision for income taxes (see Note 9) 16,236 19,211 19,422
Net income 30,149 32,714 33,068
Less: Income attributable to non-controlling interest 294 278 157
Net income available to Team shareholders $ 29,855 $ 32,436 $ 32,911
Net income per share: Basic $ 1.46 $ 1.61 $ 1.67
Net income per share: Diluted $ 1.40 $ 1.53 $ 1.59