Employee Benefit Plans (Tables)

12 Months Ended

May 31, 2012

Employee Benefit Plans

Schedule of changes in projected benefit obligations and plan assets

	May 31,
	2012			2011
Change in benefit obligation:
Benefit obligation at beginning of year	$	105,091		$	104,530
Benefit obligations from acquired companies		4,651			—
Service cost		1,619			2,143
Interest cost		5,453			5,376
Plan participants' contributions		400			385
Net actuarial (gain) loss		17,387			(6,415	)
Benefits paid		(5,455	)		(5,248	)
Plan change		351			—
Curtailment		—			(1,277	)
Translation		(6,537	)		5,597
Benefit obligation at end of year	$	122,960		$	105,091
Change in plan assets:
Fair value of plan assets at beginning of year	$	94,422		$	78,892
Actual return on plan assets		(8	)		9,987
Employer contributions		4,528			4,653
Plan participants' contributions		400			385
Benefits paid		(5,455	)		(5,248	)
Translation		(6,218	)		5,753
Fair value of plan assets at end of year	$	87,669		$	94,422
Funded status at end of year	$	(35,291	)	$	(10,669	)

Schedule of amounts recognized in the consolidated balance sheets

	May 31,
	2012			2011
Other assets	$	—		$	5,498
Accrued liabilities		(1,887	)		(1,610	)
Other liabilities and deferred income		(33,404	)		(14,557	)
	$	(35,291	)	$	(10,669	)

Schedule of amounts recognized in accumulated other comprehensive loss

	May 31,
	2012		2011
Actuarial loss	$	37,281	$	22,131
Prior service cost		747		564
Total	$	38,028	$	22,695

Schedule of pension plans with an accumulated benefit obligation in excess of plan assets

	May 31,
	2012		2011
Projected benefit obligation	$	85,158	$	71,057
Accumulated benefit obligation		85,049		70,903
Fair value of plan assets		50,171		54,890

Schedule of components of pension expense charged to results of operations

	For the Year Ended May 31,
	2012			2011			2010
Service cost	$	1,619		$	2,143		$	1,528
Interest cost		5,453			5,376			5,578
Expected return on plan assets		(6,559	)		(5,871	)		(5,936	)
Amortization of prior service cost		150			138			132
Recognized net actuarial loss		990			1,219			1,148
	$	1,653		$	3,005		$	2,450

Schedule of key assumptions used in the measurement of our benefit obligations

	May 31,
	2012			2011
Domestic plans:
Discount rate		4.14	%		5.26	%
Rate of compensation increase		2.50			3.50

	May 31,
	2012			2011
Non-domestic plans:
Discount rate		4.11	%		5.80	%
Rate of compensation increase		3.00			3.00

Summary of the weighted average assumptions used to determine net periodic pension expense

	For the Year Ended May 31,
	2012			2011			2010
Domestic plans:
Discount rate		5.26	%		5.60	%		6.82	%
Rate of compensation increase		3.50			3.50			3.50
Expected long-term return on plan assets		8.00			8.00			8.50
Non-domestic plans:
Discount rate		5.54	%		4.50	%		5.90	%
Rate of compensation increase		3.00			3.00			3.00
Expected long-term return on plan assets		5.80			4.50			6.50

Schedule of actual asset allocation and target allocations

	May 31,
							Target Asset Allocation
	2012			2011
Equity securities		59	%		60	%	45 – 75%
Fixed income securities		22			22		15 – 45%
Other (fund-of-funds hedge fund)		19			18		0 – 25%
		100	%		100	%

Schedule of fair value of pension plan assets

	Level 11		Level 22		Level 33		Total
Equity securities:
Large/medium capitalization	$	17,500	$	—	$	—	$	17,500
Small capitalization		6,379		—		—		6,379
International		5,452		7,460		—		12,912
Fixed income		11,338		25,952		—		37,290
Hedge funds		—		3,837		9,358		13,195
Cash and other		145		248		—		393
Total investments	$	40,814	$	37,497	$	9,358	$	87,669

¹

Quoted prices in active markets

²

Significant other observable inputs

³

Significant other unobservable inputs

Summary of estimated future pension benefits

	Fiscal Year
	2013		2014		2015		2016		2017		2018 to 2022
Estimated pension benefits	$	8,332	$	5,103	$	6,568	$	5,277	$	5,228	$	30,519

Schedule of estimated amounts for plans that will be amortized from accumulated other comprehensive loss into expense over the next fiscal year

Amortization of net actuarial loss	$	1,874
Amortization of prior service cost	$	157