Severance and Exit Costs

3 Months Ended

Feb. 28, 2013

Severance Disclosure [Text Block]

11. Severance

The table below provides information for Accrued severance included in Other accrued expenses as of the dates indicated:

	February 28, 2013			May 31, 2012			February 29, 2012
Beginning balance	$	2.7		$	1.9		$	1.9
Accruals		5.3			14.9			12.2
Payments		(5.5	)		(14.1	)		(12.9	)
Ending balance	$	2.5		$	2.7		$	1.2

The Company implemented cost saving initiatives in the current fiscal quarter, recognizing expense of $3.0. The Company expects to incur additional expenses related to these initiatives in the fourth quarter of the current fiscal year. The Company implemented certain cost reduction initiatives during fiscal 2012, and incurred severance expense of $9.3 related to these initiatives. Severance expenses are reported in “Selling, general and administrative expenses.”