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Goodwill and Other Intangibles (Tables)
9 Months Ended
Feb. 29, 2012
Schedule of Goodwill [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended
February 29, 2012

 

Twelve months ended
May 31, 2011

 

Nine months ended
February 28, 2011

 









Gross beginning balance

 

$

175.0

 

$

174.0

 

$

174.0

 

Accumulated impairment

 

 

(20.8

)

 

(17.4

)

 

(17.4

)












 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

154.2

 

$

156.6

 

$

156.6

 

Additions

 

 

7.8

 

 

1.0

 

 

1.7

 

Impairment charge

 

 

 

 

(3.4

)

 

 

Foreign currency translation

 

 

0.0

 

 

0.0

 

 

0.0

 

Other

 

 

0.9

 

 

 

 

 












Gross ending balance

 

$

183.7

 

$

175.0

 

$

175.7

 

Accumulated impairment

 

 

(20.8

)

 

(20.8

)

 

(17.4

)












Ending balance

 

$

162.9

 

$

154.2

 

$

158.3

 












Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended
February 29, 2012

 

Twelve months ended
May 31, 2011

 

Nine months ended
February 28, 2011

 

 

 

 

 

 

 

 

 









 

 

 

 

 

 

 

 

Beginning balance - customer lists

 

$

0.7

 

$

0.8

 

$

0.8

 

Amortization expense

 

 

(0.2

)

 

(0.2

)

 

(0.2

)

Foreign currency translation

 

 

0.0

 

 

0.1

 

 

0.1

 












Customer lists, net of accumulated amortization of $1.3, $1.1 and $1.1, respectively

 

$

0.5

 

$

0.7

 

$

0.7

 












 

 

 

 

 

 

 

 

 

 

 

Beginning balance - other intangibles

 

$

17.3

 

$

2.2

 

$

2.2

 

Additions due to acquisition

 

 

 

 

5.6

 

 

5.6

 

Reclassified from indefinite-lived intangible assets

 

 

 

 

10.7

 

 

10.7

 

Impairment charge

 

 

(0.5

)

 

 

 

 

Amortization expense

 

 

(1.1

)

 

(1.2

)

 

(0.8

)












Other intangibles, net of accumulated amortization of $5.3, $4.2 and $3.8, respectively

 

$

15.7

 

$

17.3

 

$

17.7

 












 

 

 

 

 

 

 

 

 

 

 












Total other intangibles subject to amortization

 

$

16.2

 

$

18.0

 

$

18.4

 












Schedule of Indefinite-lived Intangible Assets by Segment [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

February 29, 2012

 

May 31, 2011

 

February 28, 2011

 












Net carrying value by major class:

 

 

 

 

 

 

 

 

 

 

Trademarks and Other

 

$

0.4

 

$

1.8

 

$

1.8

 












Total

 

$

0.4

 

$

1.8

 

$

1.8