Comprehensive Income

9 Months Ended

Feb. 28, 2013

Comprehensive Income

NOTE H – Comprehensive Income

The following table summarizes the tax effects of each component of other comprehensive income for the three months ended February 28, 2013:

(in thousands)	Before-Tax Amount			Tax Expense		Net-of-Tax Amount
Foreign currency translation	$	(1,675	)		-	$	(1,675	)
Pension liability adjustment		(43	)		15		(28	)
Cash flow hedges		724			113		837
Other comprehensive income	$	(994	)	$	128	$	(866	)

The following table summarizes the tax effects of each component of other comprehensive income for the nine months ended February 28, 2013:

(in thousands)	Before-Tax Amount			Tax Expense			Net-of-Tax Amount
Foreign currency translation	$	6,400			-		$	6,400
Pension liability adjustment		(298	)		97			(201	)
Cash flow hedges		2,501			(1,008	)		1,493
Other comprehensive income	$	8,603		$	(911	)	$	7,692