Note 13 - Accumulated Other Comprehensive Loss

6 Months Ended

Nov. 30, 2015

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

13. ACCUMULATED OTHER COMPREHENSIVE LOSS

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

	Pretax			Tax			After Tax
Six Months Ended November 30, 2015
Foreign exchange translation adjustment	$	(5,732	)		(257	)		(5,475	)
Changes in fair value of cash flow hedges		309			171			138
	$	(5,423	)		(86	)		(5,337	)
Six Months Ended November 30, 2014
Foreign exchange translation adjustment	$	(13,625	)		137			(13,762	)
Changes in fair value of cash flow hedges		367			170			197
	$	(13,258	)		307			(13,565	)

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

	As of
	November 30, 2015			May 31, 2015
Cumulative foreign currency translation adjustment	$	(44,614	)		(39,139	)
Change in fair value of cash flow hedges, net of tax		(288	)		(425	)
Accumulated other comprehensive loss	$	(44,902	)		(39,564	)