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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2014
May 31, 2014
Current assets:    
Cash and cash equivalents $ 31,478 $ 34,656
Receivables, net of allowance of $4,854 and $4,784 173,249 175,601
Inventory 26,461 25,537
Deferred income taxes 3,303 4,717
Prepaid expenses and other current assets 9,040 8,303
Total current assets 243,531 248,814
Property, plant and equipment, net 91,407 89,961
Assets held for sale 5,207 5,207
Intangible assets, net of accumulated amortization of $13,585 and $12,698 23,213 23,513
Goodwill 113,141 113,763
Other assets, net 921 1,248
Deferred income taxes 2,979 2,435
Total assets 480,399 484,941
Current liabilities:    
Accounts payable 21,437 21,755
Other accrued liabilities 38,966 48,391
Income taxes payable 3,417 4,997
Total current liabilities 63,820 75,143
Deferred income taxes 15,178 15,655
Long-term debt 71,114 73,721
Other long-term liabilities 4,451 3,377
Total liabilities 154,563 167,896
Commitments and contingencies      
Equity:    
Preferred stock, 500,000 shares authorized, none issued      
Common stock, par value $0.30 per share, 60,000,000 shares authorized; 20,573,288 and 20,477,938 shares issued 6,171 6,142
Additional paid-in capital 108,625 105,872
Retained earnings 209,063 202,032
Accumulated other comprehensive loss (3,717) (2,679)
Total Team shareholders' equity 320,142 311,367
Non-controlling interest 5,694 5,678
Total equity 325,836 317,045
Total liabilities and equity $ 480,399 $ 484,941