XML 79 R23.htm IDEA: XBRL DOCUMENT v3.2.0.727
UNCONSOLIDATED SUBSIDIARIES
12 Months Ended
May. 31, 2015
UNCONSOLIDATED SUBSIDIARIES

16. UNCONSOLIDATED SUBSIDIARIES

Our earnings from unconsolidated affiliates consisted entirely of our joint venture (50% ownership) to perform non-destructive testing and inspection services in Alaska. At December 31, 2013 the joint venture was dissolved and the net assets were liquidated resulting in no material gain or loss. However, the operations of the joint venture have been continued by our IHT division. Revenues from the joint venture not reflected in our consolidated revenues were zero and $8.5 million for the fiscal years ended May 31, 2015 and 2014, respectively.