GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Nov. 30, 2013

Changes in the carrying value of goodwill are as follows (in thousands):



	TOTAL
Balance at June 1, 2013	$	1,519
Premium Paid for WVS Acquisition	25
Foreign currency translation	89
Balance at November 30, 2013	$	1,633

Intangible assets subject to amortization

Intangible assets subject to amortization as well as amortization expense are as follows (in thousands):



	Intangible Assets Subject to
	Amortization as of
	November 30, 2013		June 1, 2013
Gross Amounts:
Trade Name	$	29	$	29
Customer Relationship	969		947
Non-compete Agreements	47		47
Total Gross Amounts	$	1,045	$	1,023
Accumulated Amortization:
Trade Name	$	13	$	8
Customer Relationship	141		101
Non-compete Agreements	10		6
Total Accumulated Amortization	$	164	$	115

Intangible Assets Amortization expense

The amortization expense associated with the intangible assets subject to amortization for the next five years is presented in the following table (in thousands):



	Amortization
	Expense
Fiscal Year
Remaining 2014	$	44
2015	82
2016	68
2017	58
2018	56
Thereafter	573