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Debt (Tables)
9 Months Ended
Feb. 29, 2012
Schedule of Debt [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





















 

 

Carrying
Value

 

Fair
Value

 

Carrying
Value

 

Fair
Value

 

Carrying
Value

 

Fair
Value

 















 

 

February 29, 2012

 

May 31, 2011

 

February 28, 2011

 









 

 

 

 

 

 

 

 

 

 

 

 

Lines of Credit (weighted average interest rates of 4.7%, 6.7% and 4.0%, respectively)

 

$

12.6

 

$

12.6

 

$

0.7

 

$

0.7

 

$

6.7

 

$

6.7

 

Loan Agreement:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revolving Loan

 

 

 

 

 

 

 

 

 

 

 

 

 

Term Loan (interest rates of n/a, 1.0% and 1.1%, respectively)

 

 

 

 

 

 

50.2

 

 

50.2

 

 

60.9

 

 

60.9

 

5% Notes due 2013, net of discount

 

 

152.7

 

 

158.5

 

 

152.5

 

 

156.6

 

 

152.5

 

 

155.3

 





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total debt

 

$

165.3

 

$

171.1

 

$

203.4

 

$

207.5

 

$

220.1

 

$

222.9

 





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less lines of credit, short-term debt and current portion of long-term debt

 

 

(12.6

)

 

(12.6

)

 

(43.5

)

 

(43.5

)

 

(49.5

)

 

(49.5

)





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total long-term debt

 

$

152.7

 

$

158.5

 

$

159.9

 

$

164.0

 

$

170.6

 

$

173.4

 





















Schedule of Maturities Debt [Table Text Block]

 

 

 

 

 

2013

 

$

12.6

 

2014

 

 

152.7

 






Total debt

 

$

165.3