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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Nov. 30, 2015
Nov. 30, 2014
Revenues $ 280,859 $ 240,619 $ 503,553 $ 428,740
Operating expenses 196,664 161,777 356,247 293,571
Gross margin 84,195 78,842 147,306 135,169
Selling, general and administrative expenses 64,796 50,168 122,936 94,670
Loss on revaluation of contingent consideration     522  
Operating income 19,399 28,674 23,848 40,499
Interest expense, net 2,336 603 4,048 1,226
Foreign currency loss 131 635 624 816
Earnings before income taxes 16,932 27,436 19,176 38,457
Less: Provision for income taxes 5,440 9,876 6,259 13,844
Net income 11,492 17,560 12,917 24,613
Less: Income attributable to non-controlling interest   194   216
Net income available to Team shareholders $ 11,492 $ 17,366 $ 12,917 $ 24,397
Net income per share: Basic $ 0.54 $ 0.84 $ 0.62 $ 1.19
Net income per share: Diluted $ 0.54 $ 0.80 $ 0.60 $ 1.12