Goodwill and Other Long-Lived Assets (Tables)

12 Months Ended

May 31, 2014

The following table summarizes the changes in the carrying amount of goodwill during fiscal 2014 and fiscal 2013 by reportable business segment:


	Pressure Cylinders			Engineered Cabs			Other			Total
(in thousands)
Balance at May 31, 2012
Goodwill	$	105,800		$	45,230		$	127,245		$	278,275
Accumulated impairment losses		-			-			(121,594	)		(121,594	)

		105,800			45,230			5,651			156,681

Acquisitions and purchase accounting adjustments		57,010			(297	)		-			56,713
Divestitures		(1,131	)		-			-			(1,131	)
Translation adjustments		1,595			-			-			1,595

Balance at May 31, 2013
Goodwill		163,274			44,933			127,245			335,452
Accumulated impairment losses		-			-			(121,594	)		(121,594	)

		163,274			44,933			5,651			213,858

Acquisitions and purchase accounting adjustments		36,033			-			-			36,033
Translation adjustments		1,202			-			-			1,202

Balance at May 31, 2014
Goodwill		200,509			44,933			127,245			372,687
Accumulated impairment losses		-			-			(121,594	)		(121,594	)

	$	200,509		$	44,933		$	5,651		$	251,093

The following table summarizes other intangible assets by class as of May 31, 2014 and 2013:


	2014				2013
(in thousands)	Cost		Accumulated Amortization		Cost		Accumulated Amortization
Indefinite-lived intangible assets:
Trademarks	$	8,481	$	-	$	27,581	$	-

Total indefinite-lived intangible assets		8,481		-		27,581		-
Definite-lived intangible assets:
Patents and trademarks	$	4,696		148	$	15,111		2,201
Customer relationships		143,585		28,257		113,098		18,967
Non-compete agreements		10,733		4,263		11,669		3,427
Other		14,004		2,838		6,354		2,074

Total definite-lived intangible assets		173,018		35,506		146,232		26,669

Total intangible assets	$	181,499	$	35,506	$	173,813	$	26,669

Amortization expense for each of the next five fiscal years is estimated to be: