Fair Value Measurements (Tables)

9 Months Ended

Feb. 28, 2013

Fair Value of Assets and Liabilities Measured On Recurring Basis

The following table sets forth, by level within the fair value hierarchy, our financial assets and liabilities that are accounted for at fair value on a recurring basis as of February 28, 2013. As required by ASC 820, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement (in thousands):

	February 28, 2013
	(unaudited)
	Quoted Prices in Active Markets for Identical Items (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Euro denominated long-term debt	$	—	$	1,887	$	—	$	1,887
Net liabilities	$	—	$	1,887	$	—	$	1,887