Restructuring and Other Expense (Income) (Tables)

3 Months Ended

Aug. 31, 2013

Schedule of Progression of Liabilities Associated with Restructuring Activities, Combined with Reconciliation to Restructuring and Other Expense (Income)

A progression of the liabilities associated with our restructuring activities, combined with a reconciliation to the restructuring and other expense (income) financial statement caption in our consolidated statement of earnings for the three months ended August 31, 2013 is summarized as follows:

(in thousands)	Beginning Balance		Expense			Payments			Adjustments		Ending Balance
Early retirement and severance	$	5,029	$	402		$	(441	)	$	-	$	4,990
Facility exit and other costs		1,200		505			(380	)		-		1,325
	$	6,229		907		$	(821	)	$	-	$	6,315
Gain on asset disposal				(4,762	)
Less: joint venture transactions				(142	)
Restructuring and other expense (income)			$	(3,997	)