OTHER COMPREHENSIVE INCOME (Tables)

12 Months Ended

May 31, 2014

Summary of Changes in Other Comprehensive Income Included Within Shareholders' Equity

A summary of changes in other comprehensive income included within shareholders’ equity is as follows (in thousands):

	Twelve Months Ended May 31, 2014												Twelve Months Ended May 31, 2013
	Foreign Currency Translation Adjustments			Foreign Currency Hedge			Tax Provision			Total			Foreign Currency Translation Adjustments			Foreign Currency Hedge			Tax Provision			Total
Balance at beginning of year	$	(3,532	)	$	2,004		$	(261	)	$	(1,789	)	$	(4,593	)	$	2,678		$	(672	)	$	(2,587	)
Other comprehensive income before tax		(1,613	)		(775	)		1,498			(890	)		1,070			(674	)		411			807
Non-controlling interest		—			—			—			—			(9	)		—			—			(9	)
Balance at end of year	$	(5,145	)	$	1,229		$	1,237		$	(2,679	)	$	(3,532	)	$	2,004		$	(261	)	$	(1,789	)

Related Tax Effects Allocated to Each Component of Other Comprehensive Income

The following table represents the related tax effects allocated to each component of other comprehensive income (in thousands):

	Twelve Months Ended May 31, 2014								Twelve Months Ended May 31, 2013								Twelve Months Ended May 31, 2012
	Gross Amount			Tax Effect		Net Amount			Gross Amount			Tax Effect		Net Amount			Gross Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	(1,613	)	$	1,213	$	(400	)	$	1,070		$	130	$	1,200		$	(8,264	)	$	1,246		$	(7,018	)
Foreign currency hedge		(775	)		285		(490	)		(674	)		281		(393	)		2,385			(928	)		1,457
Total	$	(2,388	)	$	1,498	$	(890	)	$	396		$	411	$	807		$	(5,879	)	$	318		$	(5,561	)