Discontinued Operations (Tables)

3 Months Ended

Aug. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations, Income Statement and Balance Sheet

Following is selected financial information included in net income from discontinued operations for the document imaging and document retention services business:



	Three Months Ended
In thousands	August 31, 2014		August 31, 2013⁽¹⁾

Revenue	$	20,785	$	20,097

Income from discontinued operations	576		458
Income tax expense on discontinued operations	259		102
Net income from discontinued operations	$	317	$	356

⁽¹⁾Results for the three months ended August 31, 2013 were previously included in continuing operations.

The components of assets and liabilities as of August 31, 2014 of the document imaging and document retention services business held for sale were as follows:



In thousands

Accounts receivable	$	10,818
Prepaid expenses and other current assets	4,449
Property and equipment, at cost, net	48,480
Goodwill	77,200
Service contracts, net	9,897
Other assets, net	419
Total assets held for sale	$	151,263

Accounts payable	$	6,652
Accrued compensation and related liabilities	430
Accrued liabilities	1,250
Non-current deferred income taxes	6,697
Other liabilities, net	142
Total liabilities held for sale	$	15,171

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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