Commitments and Contingencies

12 Months Ended

May. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

We lease certain facilities under various operating leases. Most of the lease agreements provide us with the option of renewing our leases at the end of the initial lease term, at fair market rates, for periods of up to five years. In most cases, we expect that in the normal course of business, facility leases will be renewed or replaced by other leases.

Minimum payments over the next five years under these leases as of May 31, 2015, exclusive of property taxes and insurance, are as follows:



Year ending May 31,	Minimum Payments
2016	$	838
2017	416
2018	92
2019	—
2020	—
	$	1,346

Rent expense was $1,197, $1,169 and $1,125 for fiscal 2015, 2014 and 2013, respectively.

We are subject to legal proceedings and business disputes involving ordinary routine legal matters and claims incidental to our business. The ultimate legal and financial liability with respect to such matters generally cannot be estimated with certainty and requires the use of estimates in recording liabilities for potential litigation settlements or awards against us. Estimates for losses from litigation are made after consultation with outside counsel. If estimates of potential losses increase or the related facts and circumstances change in the future, we may be required to record either more or less litigation expense. We are not involved in any pending or threatened legal proceedings that we believe could reasonably be expected to have a material adverse effect on our financial condition, results of operations or cash flows.

Agreement with Keysight Technologies, Inc.

In fiscal 2010, we became a reseller of Agilent Technologies, Inc.’s ("Agilent") new T&M equipment in the U.S. and

Canada. As of November 1, 2014, Agilent spun off Keysight Technologies, Inc., its wholly-owned subsidiary that manufactures T&M equipment, into a separate publicly traded company. Sales of new T&M equipment represented approximately 66.8%, 63.5% and 66.8% of our sales of equipment and other revenues for fiscal 2015, 2014 and 2013, respectively. Nearly all of our sales of new T&M equipment were in connection with our reseller agreement with Keysight. Our reseller agreement with Keysight was not renewed after its May 31, 2015 expiration date.