Restructuring and Other Expense (Income) (Tables)

12 Months Ended

May. 31, 2015

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 fiscal 2015, is summarized below:

(in thousands)	Beginning Balance		Expense			Payments			Adjustments		Ending Balance
Early retirement and severance	$	6,495	$	3,323		$	(7,694	)	$	46	$	2,170
Facility exit and other costs		534		1,266			(1,568	)		139		371
	$	7,029		4,589		$	(9,262	)	$	185	$	2,541
Net loss on sale of assets				2,338
Less: joint venture transactions				(413	)
Restructuring and other expense			$	6,514

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 fiscal 2014, is summarized as follows:

(in thousands)	Beginning Balance		Expense			Payments			Adjustments			Ending Balance
Early retirement and severance	$	5,029	$	6,236		$	(4,703	)	$	(67	)	$	6,495
Facility exit and other costs		1,200		2,477			(3,021	)		(122	)		534
	$	6,229		8,713		$	(7,724	)	$	(189	)	$	7,029
Net gain on sale of assets				(10,589	)
Less: joint venture transactions				(1,036	)
Restructuring and other income			$	(2,912	)