Note 12 - Accumulated Other Comprehensive Loss

9 Months Ended

Feb. 28, 2014

Disclosure Text Block [Abstract]

Comprehensive Income (Loss) Note [Text Block]

12.  ACCUMULATED OTHER COMPREHENSIVE LOSS

The changes in accumulated other comprehensive loss are as follows (in thousands):

	Pretax			Tax			After Tax
Nine Months Ended February 28, 2014
Foreign exchange translation adjustment	$	5,023			-			5,023
Changes in fair value of cash flow hedges		362			108			254
	$	5,385			108			5,277
Nine Months Ended February 28, 2013
Foreign exchange translation adjustment	$	3,563			-			3,563
Changes in fair value of cash flow hedges		(167	)		(45	)		(122	)
	$	3,396			(45	)		3,441

The components of accumulated other comprehensive loss as of February 28, 2014 and May 31, 2013 are as follows (in thousands):

	As of
	February 28, 2014			May 31, 2013
Cumulative foreign currency translation adjustment	$	(11,719	)		(16,742	)
Change in fair value of cash flow hedges, net of tax		(926	)		(1,180	)
Accumulated other comprehensive loss	$	(12,645	)		(17,922	)