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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2013
Cash flows from operating activities:      
Net income $ 15,432 $ 20,408 $ 22,754
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 57,562 58,286 58,109
Remeasurement (gain)/loss on foreign currency 5 152 (2)
Provision for losses on accounts receivable 591 860 445
Gain on sale of rental and lease equipment (13,622) (14,195) (13,189)
Stock compensation expense 1,292 1,356 1,330
Excess tax benefit for share-based compensation (358) (183) (251)
Deferred income taxes (4,160) (7,928) (4,631)
Change in operating assets and liabilities:      
Accounts receivable (503) (2,366) 1,322
Other assets (7,532) (6,568) (931)
Accounts payable 1,195 260 (467)
Accrued expenses 4,586 (1,125) 4,068
Deferred revenue (1,869) 229 373
Net cash provided by operating activities 52,619 49,186 68,930
Cash flows from investing activities:      
Proceeds from sales of rental and lease equipment 34,261 35,224 31,119
Payments for purchase of rental and lease equipment (70,954) (58,678) (64,088)
Payments for purchase of other property (986) (384) (1,105)
Net cash used in investing activities (37,679) (23,838) (34,074)
Cash flows from financing activities:      
Borrowings under bank lines of credit 45,702 56,018 63,500
Payments under bank lines of credit (43,315) (66,018) (53,500)
Minimum tax withholdings on share-based compensation (462) (11) (36)
Excess tax benefit for share-based compensation 358 183 251
Payment of dividends (19,656) (19,657) (43,765)
Net cash used in financing activities (17,373) (29,485) (33,550)
Effect of exchange rate changes on cash 551 (319) (194)
Net increase (decrease) in cash and cash equivalents (1,882) (4,456) 1,112
Cash and cash equivalents at beginning of year 5,946 10,402 9,290
Cash and cash equivalents at end of year 4,064 5,946 10,402
Supplemental Cash Flow Information [Abstract]      
Interest paid, during the period 31 106 180
Income taxes paid, during the period 8,063 23,778 15,579
Dividends accrued during the period, not yet paid 155 211 340
Rental equipment acquisitions, not yet paid 4,430 4,479 4,965
Used equipment sales in accounts receivable and other assets, not yet collected 7,426 9,050 11,419
Transfers from other assets to rental and lease equipment $ 14,338 $ 4,535 $ 2,937