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Property and Equipment
12 Months Ended
May 31, 2011
Property and Equipment  
Property and Equipment

3.  Property and Equipment

 

(In thousands)

    2011     2010  
 
 
 
 

Land

  $ 103,838   $ 101,374  
 

Buildings and improvements

    484,254     471,592  
 

Equipment

    1,334,943     1,178,181  
 

Leasehold improvements

    21,763     17,176  
 

Construction in progress

    97,598     88,769  
         
 

 

    2,042,396     1,857,092  
 

Less: accumulated depreciation

    1,096,178     962,570  
         
 

 

  $ 946,218   $ 894,522  
         

Interest expense is net of capitalized interest of $2.2 million, $2.2 million and $2.3 million for the fiscal years ended May 31, 2011, 2010 and 2009, respectively.