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EMPLOYEE RETIREMENT PLANS
12 Months Ended
May 31, 2016
EMPLOYEE RETIREMENT PLANS  
EMPLOYEE RETIREMENT PLANS

D. EMPLOYEE RETIREMENT PLANS

 

The Company has an Internal Revenue Code Section 401(k) plan covering substantially all U.S. based employees and offers an employer match of a portion of an employee’s voluntary contributions. The aggregate expense related to this employer match for fiscal years 2016 and 2015 was approximately $31,000 and $52,000, respectively.