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Stock-Based Compensation (Tables)
12 Months Ended
May 31, 2012
Stock-Based Compensation  
Assumptions used in the Black-Scholes option pricing model to estimate the fair value of each stock option grant

 

 
  Stock Options Granted
In Fiscal Year
 
 
  2012   2011   2010  

Risk-free interest rate

    1.5 %   1.8 %   2.3 %

Expected volatility of common stock

    46.1 %   47.0 %   49.1 %

Dividend yield

    1.1 %   0.0 %   0.0 %

Expected option term in years

    5.7     5.8     6.0  

  

Summary of stock option activity

 

 
  2012   2011   2010  
 
  Shares   Weighted
Average
Exercise Price
  Shares   Weighted
Average
Exercise Price
  Shares   Weighted
Average
Exercise Price
 

Outstanding at beginning of year

    1,994   $ 18.56     1,543   $ 19.28     1,225   $ 21.18  

Granted

    169   $ 28.45     721   $ 17.54     695   $ 15.21  

Exercised

    (339 ) $ 19.95     (128 ) $ 15.85     (217 ) $ 12.47  

Cancelled

    (121 ) $ 19.73     (142 ) $ 21.79     (160 ) $ 22.60  
                                 

Outstanding at end of year

    1,703   $ 17.96     1,994   $ 18.56     1,543   $ 19.28  
                                 

Options exercisable at end of year

    880   $ 17.10     935   $ 19.40     663   $ 20.92  
                                 

 

Schedule of additional information regarding stock options outstanding

 

 
  Options Outstanding   Options Exercisable  
Option
Exercise
Price Range
  Number
Outstanding as
of 5/31/12
  Weighted-Average
Remaining Contractual
Life in Years
  Weighted-
Average Exercise
Price
  Number
Exercisable as
of 5/31/12
  Weighted-
Average Exercise
Price
 

$  3.50 - $13.00

    69     1.3   $ 7.27     69   $ 7.27  

$13.01 - $18.50

    1,289     6.7   $ 16.25     655   $ 15.95  

$18.51 - $24.50

    135     5.2   $ 20.62     81   $ 21.47  

$24.51 - $34.50

    210     8.1   $ 30.24     75   $ 31.27  
                             

    1,703     6.5   $ 17.96     880   $ 17.10  
                             
Schedule of restricted share activity

 

 
  Number of
Shares
  Weighted Average
Fair Value
on Grant Date
 

Nonvested at May 31, 2011

    1,374   $ 23.06  

Granted

    707   $ 24.20  

Vested

    (370 ) $ 26.60  

Forfeited

    (134 ) $ 24.47  
             

Nonvested at May 31, 2012

    1,577   $ 22.65