Comprehensive Income (Tables)

9 Months Ended

Feb. 28, 2013

Summary of Tax Effects of Each Component of Other 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

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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