Discontinued Operations

6 Months Ended

Nov. 30, 2011

Discontinued Operations

Discontinued Operations

Note 13 — Discontinued Operations

During the third quarter of fiscal 2011, we decided to exit our Amsterdam component repair facility, a business which was reported in our Aviation Supply Chain segment.  We are currently evaluating a number of strategic alternatives associated with the business unit, including the sale of the unit.  The aggregate carrying value of the unit is approximately $14,300 and we expect to recover the carrying value.

Revenues and pre-tax operating loss for the three- and six-month periods ended November 30, 2011 and 2010 for the discontinued operation are summarized as follows:

	Three Months Ended					Six Months Ended
	November 30,					November 30,
	2011		2010			2011			2010
Revenues	$	6,020	$	6,532		$	12,265		$	14,336
Pre-tax operating income (loss)	19		(1,962		)	(464		)	(2,536		)