LONG-TERM DEBT, DERIVATIVES AND LETTERS OF CREDIT (Tables)

6 Months Ended

Nov. 30, 2015

Amounts Recognized In Other Comprehensive Income, and Reclassified Into Income

The amounts recognized in other comprehensive income, and reclassified into income, for the three and six months ended November 30, 2015 and 2014, are as follows (in thousands):

	Gain Recognized in Other Comprehensive Income				Gain Reclassified from Other Comprehensive Income to Earnings				Gain Recognized in Other Comprehensive Income				Gain Reclassified from Other Comprehensive Income to Earnings
	Three Months Ended November 30,				Three Months Ended November 30,				Six Months Ended November 30,				Six Months Ended November 30,
	(unaudited)				(unaudited)				(unaudited)				(unaudited)
	2015		2014		2015		2014		2015		2014		2015		2014
Net investment hedge	$	743	$	842	$	—	$	—	$	505	$	1,439	$	—	$	—

Fair Value Totals and Balance Sheet Classification for Derivatives Designated As Hedges

The following table presents the fair value totals and balance sheet classification for derivatives designated as hedges under ASC 815 (in thousands):

November 30, 2015

May 31, 2015

(unaudited)

Classification

Balance Sheet Location

Fair Value

Classification

Balance Sheet Location

Fair Value

Net investment hedge

Liability

Long-term debt

$

(4,971)

Liability

Long-term debt

$

(4,466)