Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2015	May. 31, 2015
Current assets:
Cash and cash equivalents	$ 46,502	$ 33,211
Restricted cash	5,000
Receivables, net of allowance of $3,582 and $2,775	244,062	212,934
Inventory	28,466	26,005
Deferred income taxes	5,655	5,926
Prepaid expenses and other current assets	12,467	10,620
Total current assets	342,152	288,696
Property, plant and equipment, net	123,221	97,926
Assets held for sale		5,207
Intangible assets, net of accumulated amortization of $20,384 and $15,957	96,518	20,268
Goodwill	253,677	107,773
Other assets, net	2,384	467
Deferred income taxes	1,916	3,496
Total assets	819,868	523,833
Current liabilities:
Accounts payable	31,605	32,854
Other accrued liabilities	62,989	54,185
Income taxes payable		4,185
Total current liabilities	94,594	91,224
Deferred income taxes	10,228	15,631
Long-term debt	370,979	78,484
Other long-term liabilities	1,541	3,119
Total liabilities	$ 477,342	$ 188,458
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; 21,836,694 and 20,909,402 shares issued	$ 6,550	$ 6,273
Additional paid-in capital	119,746	115,642
Retained earnings	255,019	242,102
Accumulated other comprehensive loss	(17,651)	(13,538)
Treasury stock at cost, 546,977 and 546,977 shares	(21,138)	(21,138)
Total Team shareholders' equity	342,526	329,341
Non-controlling interest		6,034
Total equity	342,526	335,375
Total liabilities and equity	$ 819,868	$ 523,833