Income Taxes (Tables)

12 Months Ended

May 31, 2016

Income Tax Disclosure [Abstract]

Components of Income Before Income Taxes

For financial reporting purposes, income before income taxes comprised the following as of May 31:

	2016			2015		2014
Domestic	$	8,991		$	24,203	$	30,907
Foreign	(1,204		)	447		1,619
	$	7,787		$	24,650	$	32,526

Components of Provision for Income Taxes

The income tax provision consisted of the following for the fiscal years ended May 31:

	2016			2015			2014
Current
Federal	$	4,228		$	11,636		$	18,007
State	556			1,355			1,720
Foreign	95			387			319
Deferred
Federal	(1,285		)	(3,626		)	(7,553		)
State	(277		)	(248		)	(500		)
Foreign	(314		)	(286		)	125
	$	3,003		$	9,218		$	12,118

Reconciliation Between Statutory Federal Income Tax Rate and Effective Income Tax Rate

The following reconciles the statutory federal income tax rate to the effective tax rate for the fiscal years ended May 31:

	2016		2015		2014
Statutory federal rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal benefit	2.3		2.9		2.5
Foreign tax credit/refund	(3.0	)	(0.8	)	(0.6	)
Permanent differences resulting from valuation allowances	3.6		0.6		0.3
Other	0.7		(0.3	)	0.1
Effective tax rate	38.6	%	37.4	%	37.3	%

Components of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that gave rise to significant portions of the net deferred tax liabilities consisted of the following at May 31:

	2016			2015
Deferred tax assets:
Allowance for doubtful accounts	$	130		$	113
Deferred compensation and benefits	5,193			4,588
Net operating losses	681			398
Valuation allowance	(681		)	(398		)
Other	1,640			1,890
	6,963			6,591
Deferred tax liabilities:
Accumulated depreciation	(41,392		)	(42,505		)
Deferred taxes on bargain purchase	(1,189		)	(1,583		)
Intangible asset	(158		)	(155		)
Net deferred tax liabilities	$	(35,776	)	$	(37,652	)