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Goodwill and Other Intangibles (Tables)
3 Months Ended
Aug. 31, 2012
Schedule of Goodwill [Table Text Block] The following table summarizes the activity in Goodwill for the periods indicated:

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Twelve months ended

 

Three months ended

 

 

 

August 31, 2012

 

May 31, 2012

 

August 31, 2011

 









Gross beginning balance

 

$

178.5

 

$

175.0

 

$

175.0

 

Accumulated impairment

 

 

(20.8

)

 

(20.8

)

 

(20.8

)












 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

157.7

 

$

154.2

 

$

154.2

 

Additions due to acquisition

 

 

 

 

2.7

 

 

 

Impairment charge

 

 

 

 

 

 

 

Foreign currency translation

 

 

0.0

 

 

0.0

 

 

0.0

 

Other

 

 

 

 

0.8

 

 

 












Gross ending balance

 

$

178.5

 

$

178.5

 

$

175.0

 

Accumulated impairment

 

 

(20.8

)

 

(20.8

)

 

(20.8

)












Ending balance

 

$

157.7

 

$

157.7

 

$

154.2

 












Schedule of Finite-Lived Intangible Assets [Table Text Block] The following table summarizes the activity in Total other intangibles subject to amortization for the periods indicated:

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Twelve months ended

 

Three months ended

 

 

 

August 31, 2012

 

May 31, 2012

 

August 31, 2011

 

 

 

 

 

 

 

 

 









 

 

 

 

 

 

 

 

 

 

 

Beginning balance - customer lists

 

$

4.3

 

$

0.7

 

$

0.7

 

Additions due to acquisition

 

 

0.1

 

 

3.8

 

 

 

Amortization expense

 

 

(0.2

)

 

(0.2

)

 

0.0

 

Foreign currency translation

 

 

0.0

 

 

0.0

 

 

0.0

 












Customer lists, net of accumulated amortization of $1.5, $1.3 and $1.1, respectively

 

$

4.2

 

$

4.3

 

$

0.7

 












 

 

 

 

 

 

 

 

 

 

 

Beginning balance - other

 

$

10.4

 

$

17.3

 

$

17.3

 

Additions due to acquisition

 

 

 

 

 

 

 

Impairment charge

 

 

 

 

(5.4

)

 

 

Amortization expense

 

 

(0.3

)

 

(1.4

)

 

(0.4

)

Other

 

 

0.1

 

 

(0.1

)

 

 












Other intangibles, net of accumulated amortization of $10.8, $10.5 and $4.5, respectively

 

$

10.2

 

$

10.4

 

$

16.9

 












 

 

 

 

 

 

 

 

 

 

 












Total other intangibles subject to amortization

 

$

14.4

 

$

14.7

 

$

17.6

 












Schedule of Indefinite-Lived Intangible Assets [Table Text Block] The following table summarizes Other intangibles not subject to amortization at the dates indicated:

 

 

 

 

 

 

 

 

 

 

 

 

 

August 31, 2012

 

May 31, 2012

 

August 31, 2011

 









Net carrying value by major class:

 

 

 

 

 

 

 

 

 

 

Trademarks and other

 

$

2.0

 

$

2.0

 

$

1.8

 












Total

 

$

2.0

 

$

2.0

 

$

1.8