Comprehensive Income

3 Months Ended

Aug. 31, 2016

Comprehensive Income

NOTE H – Comprehensive Income

The following table summarizes the tax effects on each component of OCI for the three months ended August 31:

	2016									2015
	Before-Tax			Tax			Net-of-Tax			Before-Tax			Tax			Net-of-Tax
(in thousands)
Foreign currency translation	$	(665	)	$	-		$	(665	)	$	1,823		$	-		$	1,823
Pension liability adjustment		-			-			-			(8	)		-			(8	)
Cash flow hedges		1,088			(463	)		625			1,238			(608	)		630
Other comprehensive income (loss)	$	423		$	(463	)	$	(40	)	$	3,053		$	(608	)	$	2,445