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Fair Value Measurements (Tables)
6 Months Ended
Nov. 30, 2012
Fair Value Disclosures [Abstract]  
Schedule of fair value of financial instruments measured on a recurring basis
These financial instruments measured at fair value on a recurring basis are summarized below: 
(In thousands)
As of November 30, 2012
 
Level 1
 
Level 2
 
Level 3
 
Fair Value
Cash and cash equivalents
$
242,487

 
$

 
$

 
$
242,487

Marketable securities:
 

 
 

 
 

 
 

U.S. municipal bonds

 
9,781

 

 
9,781

Canadian treasury securities

 
24,081

 

 
24,081

Total assets at fair value
$
242,487

 
$
33,862

 
$

 
$
276,349

(In thousands)
As of May 31, 2012
 
Level 1
 
Level 2
 
Level 3
 
Fair Value
Cash and cash equivalents
$
339,825

 
$

 
$

 
$
339,825

Total assets at fair value
$
339,825

 
$

 
$

 
$
339,825