Note 8 - Other Intangible Assets, Net

3 Months Ended

Aug. 31, 2015

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

8. OTHER INTANGIBLE ASSETS, net

Other intangible assets, net consist of the following (in thousands):

			As of
			August 31, 2015							May 31, 2015
	Weighted Average Life (years)		Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net
Other intangible assets subject to amortization:
Customer relationships		19	$	462,639		(91,868	)		370,771		462,534		(86,052	)		376,482
Existing technology / trade names		11		315,004		(106,645	)		208,359		314,850		(99,565	)		215,285
Corporate trade name		15		40,000		(10,754	)		29,246		40,000		(10,088	)		29,912
Below market leasehold interests		7		1,200		(576	)		624		1,200		(557	)		643
Other intangibles		4		429		(183	)		246		428		(156	)		272
Total amortizable assets				819,272		(210,026	)		609,246		819,012		(196,418	)		622,594
Intangible assets not subject to amortization:
In-process research and development				27,700		-			27,700		27,700		-			27,700
Total non-amortizable assets				27,700		-			27,700		27,700		-			27,700
Other intangible assets, net			$	846,972		(210,026	)		636,946		846,712		(196,418	)		650,294

A portion of the Company’s customer relationships is held in functional currencies outside the U.S. Therefore, the stated cost as well as the accumulated amortization is affected by the fluctuation in foreign currency exchange rates.

Amortization expense related to these intangible assets for the three months ended August 31, 2015 and August 31, 2014 was $13.6 million and $13.7 million, respectively. Expected amortization expense for the remainder of fiscal year 2016 and for each of the five succeeding years is as follows (in thousands):

Year Ending May 31:
2016	$	40,813
2017		54,261
2018		54,147
2019		50,223
2020		49,115
2021		49,089