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Fair Value Measurements (Tables)
9 Months Ended
Feb. 29, 2016
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: 
 
As of February 29, 2016
 (In thousands)
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
265,149

 
$
49,967

 
$

 
$
315,116

Marketable securities:
 

 
 

 
 

 
 

Canadian treasury securities

 
71,703

 

 
71,703

Total assets at fair value
$
265,149

 
$
121,670

 
$

 
$
386,819

 
 
 
 
 
 
 
 
Long term accrued liabilities:
 
 
 
 
 
 
 
  Interest rate lock agreement
$

 
$
22,438

 
$

 
$
22,438

Total liabilities at fair value
$

 
$
22,438

 
$

 
$
22,438

 
As of May 31, 2015
 (In thousands)
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
417,073

 
$

 
$

 
$
417,073

Marketable securities:
 
 
 
 
 
 
 
Canadian treasury securities

 
16,081

 

 
16,081

Total assets at fair value
$
417,073

 
$
16,081

 
$

 
$
433,154