Comprehensive Income

3 Months Ended

Aug. 31, 2015

Comprehensive Income

NOTE H – Comprehensive Income

The following table summarizes the tax effects on each component of other comprehensive income (loss) for the three months ended August 31:

	2015									2014
	Before-Tax			Tax			Net-of-Tax			Before-Tax			Tax			Net-of-Tax
(in thousands)
Foreign currency translation	$	1,823		$	-		$	1,823		$	(9,592	)	$	-		$	(9,592	)
Pension liability adjustment		(8	)		-			(8	)		-			-			-
Cash flow hedges		1,238			(608	)		630			1,543			(582	)		961
Other comprehensive income (loss )	$	3,053		$	(608	)	$	2,445		$	(8,049	)	$	(582	)	$	(8,631	)