CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Aug. 31, 2014	May 31, 2014
ASSETS
Cash	$ 3,974	$ 5,946
Accounts receivable, net of allowance for doubtful accounts of $559 and $555	33,887	34,970
Rental and lease equipment, net of accumulated depreciation of $241,584 and $237,151	222,071	221,888
Other property, net of accumulated depreciation and amortization of $19,168 and $18,983	12,971	13,122
Goodwill	3,109	3,109
Intangibles, net of accumulated amortization of $1,673 and $1,632	832	873
Other assets	23,842	22,150
Total assets	300,686	302,058
Liabilities:
Bank borrowings	0	0
Accounts payable	7,719	7,279
Accrued expenses	13,735	14,472
Deferred revenue	7,457	7,537
Deferred tax liability	40,577	41,812
Total liabilities	69,488	71,100
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $1 par - shares authorized 1,000,000, none issued	0	0
Common stock, no par - shares authorized 40,000,000; issued and outstanding August 31, 2014 - 24,008,489; May 31, 2014 - 24,007,709	39,612	39,252
Retained earnings	191,586	191,706
Total shareholders’ equity	231,198	230,958
Total liabilities and shareholders' equity	$ 300,686	$ 302,058