Restructuring and Other Expense (Tables)

3 Months Ended

Aug. 31, 2012

Schedule of Progression of Liabilities Created as Part of Transformation Plan, Combined with Reconciliation to Restructuring and Other Expense

A progression of the liabilities created as part of the Transformation Plan, combined with a reconciliation to the restructuring and other expense line item in our consolidated statement of earnings for the three months ended August 31, 2012 is summarized as follows:


(in thousands)	Beginning Balance		Expense			Payments			Adjustments			Ending Balance
Early retirement and severance	$	4,892	$	(165	)	$	(510	)	$	(3	)	$	4,214
Facility exit and other costs		691		564			(500	)		(333	)		422

	$	5,583		399		$	(1,010	)	$	(336	)	$	4,636

Net gain on asset disposals				(1,158	)
Less: joint venture transactions				1,162

Restructuring and other expense			$	403

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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