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Fair Value Measurements (Tables)
12 Months Ended
May 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of fair value of financial instruments measured on a recurring basis
These financial instruments measured at fair value on a recurring basis are summarized below:
(In thousands)
As of May 31, 2013
 
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
352,273

 
$

 
$

 
$
352,273

Marketable securities:
 
 
 
 
 
 
 
U.S. municipal bonds

 
5,680

 

 
5,680

Accounts receivable, net

 
39

 

 
39

Total assets at fair value
$
352,273

 
$
5,719

 
$

 
$
357,992


(In thousands)
As of May 31, 2012
 
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
339,825

 
$

 
$

 
$
339,825

Total assets at fair value
$
339,825

 
$

 
$

 
$
339,825