Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	May 31, 2014	May 31, 2013
Assets
Cash and cash equivalents	$ 5,946	$ 10,402
Accounts receivable, net of allowance for doubtful accounts of $555 and $457	34,970	34,350
Rental and lease equipment, net of accumulated depreciation of $237,150 and $224,397	221,888	234,856
Other property, net of accumulated depreciation and amortization of $18,983 and $18,873	13,122	13,826
Goodwill	3,109	3,109
Intangibles, net of amortization of $1,632 and $1,468	873	1,037
Other assets	22,150	21,346
Total assets	302,058	318,926
Liabilities:
Bank borrowings	0	10,000
Accounts payable	7,279	7,479
Accrued expenses	14,472	15,866
Deferred revenue	7,537	7,292
Deferred tax liability	41,812	49,740
Total liabilities	71,100	90,377
Commitments and contingencies (Note 11)
Shareholders’ equity:
Preferred stock, $1 par—shares authorized 1,000,000; none issued
Common stock, no par—shares authorized 40,000,000; issued and outstanding 2014—24,007,709; 2013—23,995,626	39,252	37,724
Retained earnings	191,706	190,825
Total shareholders’ equity	230,958	228,549
Total liabilities and shareholders' equity	$ 302,058	$ 318,926