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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2014
May 31, 2013
ASSETS    
Cash and cash equivalents $ 5,214 $ 10,402
Accounts receivable, net of allowance for doubtful accounts of $479 and $457 33,827 34,350
Rental and lease equipment, net of accumulated depreciation of $236,796 and $224,397 223,658 234,856
Other property, net of accumulated depreciation and amortization of $19,538 and $18,873 13,354 13,826
Goodwill 3,109 3,109
Intangibles, net of accumulated amortization of $1,591 and $1,468 914 1,037
Other assets 21,800 21,346
Total assets 301,876 318,926
Liabilities:    
Bank Borrowings 2,025 10,000
Accounts payable 5,805 7,479
Accrued expenses 12,721 15,866
Deferred revenue 7,184 7,292
Deferred tax liability 43,234 49,740
Total liabilities 70,969 90,377
Commitments and contingencies      
Shareholders’ equity:    
Preferred stock, $1 par - shares authorized 1,000,000, none issued      
Common stock, no par - shares authorized 40,000,000; issued and outstanding February 28, 2014 - 24,007,708; May 31, 2013 - 23,995,626 38,905 37,724
Retained earnings 192,002 190,825
Total shareholders’ equity 230,907 228,549
Total liabilities and shareholders' equity $ 301,876 $ 318,926