Non-controlling Interests

12 Months Ended

May 31, 2019

Noncontrolling Interest [Abstract]

Non-controlling Interests

23. NON-CONTROLLING INTERESTS

	Non-controlling interests
	US$
Balance as of June 1, 2017		39,130
Capital contribution from non-controlling interests and new non-controlling interests recognized in acquisitions		2,015
Capital reduction of non-controlling interests		(28,652	)
Dividend declared		(231	)
Unrealized gain on available-for-sale investments		164
Foreign currency translation adjustment		2,949
Net income attributed to non-controlling interests		1,107
Balance as of May 31, 2018		16,482
New non-controlling interests recognized in an acquisition		288
Purchase of non-controlling interests		(1,696	)

	Non-controlling interests
	US$
Disposal of a subsidiary	80
Capital contribution from non-controlling interests	5,317
Change in non-controlling interests resulting from Koolean Holding’s IPO, net of issuance cost	94,136
Reclassification of redeemable non-controlling interests	60,934
Unrealized gain on available-for-sale investments	465
Foreign currency translation adjustment	(1,376	)
Net loss attributed to non-controlling interests	(10,219	)
Balance as of May 31, 2019	164,411

The effects of changes in the Company’s ownership interest on the Company’s equity were as follows:

	For the years ended May 31,
	2018			2019
	US$			US$
Net income attribute to New Oriental Education & Technology Group Inc.’s shareholders		296,130			238,065
Decrease in the Group’s additional paid-in capital resulting from disposal of a subsidiary		—			(371	)
(Decrease) Increase in the Group’s additional paid-in capital resulting from reclassification and capital injection of non-controlling interests		(113,784	)		160,871
Increase in the Group’s additional paid-in capital resulting from the change in non-controlling interests resulting from Koolearn Holding’s IPO		—			139,211
Decrease in the Group’s additional paid-in capital resulting from repurchase shares from non-controlling interests		(63,721	)		(15,190	)
Changes from net income attributable to New Oriental Education & Technology Group Inc.’s shareholders and transfers to non-controlling interests		118,625			522,586