OTHER COMPREHENSIVE INCOME

6 Months Ended

Nov. 30, 2014

OTHER COMPREHENSIVE INCOME

12. OTHER COMPREHENSIVE INCOME

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

	Six Months Ended November 30, 2014										Six Months Ended November 30, 2013
	(unaudited)										(unaudited)
	Foreign Currency Translation Adjustments			Foreign Currency Hedge		Tax Provision		Total			Foreign Currency Translation Adjustments			Foreign Currency Hedge			Tax Provision			Total
Balance, beginning of period	$	(5,145	)	$	1,229	$	1,237	$	(2,679	)	$	(3,532	)	$	2,004		$	(261	)	$	(1,789	)
Other comprehensive income (loss) before tax		(6,939	)		1,439		777		(4,723	)		(210	)		(762	)		833			(139	)
Non-controlling interest		37			—		—		37			8			—			—			8
Balance, end of period	$	(12,047	)	$	2,668	$	2,014	$	(7,365	)	$	(3,734	)	$	1,242		$	572		$	(1,920	)

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

	Six Months Ended November 30, 2014									Six Months Ended November 30, 2013
	(unaudited)									(unaudited)
	Gross Amount			Tax Effect			Net Amount			Gross Amount			Tax Effect		Net Amount
Foreign currency translation adjustments	$	(6,939	)	$	1,336		$	(5,603	)	$	(210	)	$	542	$	332
Foreign currency hedge		1,439			(559	)		880			(762	)		291		(471	)
Total	$	(5,500	)	$	777		$	(4,723	)	$	(972	)	$	833	$	(139	)