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Gain on Sale of Product Line
12 Months Ended
May 31, 2013
Gain on Sale of Product Line  
Gain on Sale of Product Line

13. Gain on Sale of Product Line

        During fiscal 2011, we sold substantially all of the assets of a non-strategic product line within our Aviation Services segment. Proceeds from the sale were $10.0 million cash paid at closing, and the net carrying value of the assets sold was $4.1 million, resulting in a pre-tax gain on sale of product line of $5.9 million. The gain on this transaction has been classified as a component of operating income.