Discontinued Operations and Held for Sale Businesses (Tables)

9 Months Ended

Feb. 28, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The following table summarizes the assets and liabilities of all discontinued operations held for sale as of February 28, 2013 and reclassified as assets held for sale on May 31, 2012.



	February 28,		May 31,
In thousands	2013		2012
Assets:
Inventory	$	29,645	$	30,072
Property Plant and Equipment	9,124		10,272
Total Assets in Discontinued Operations Held for Sale	$	38,769	$	40,344

The following table summarizes the revenue, earnings before and net of income tax expense on all discontinued operations held for sale for the three-months and nine-months ended February 28, 2013 and February 29, 2012:



	Three months ended				Nine months ended
	February 28,		February 29,		February 28,		February 29,
In thousands	2013		2012		2013		2012
Discontinued Operations
Revenue	$	13,844	$	12,741	$	42,758	$	36,751
Earnings on discontinued operations, before taxes	$	4,206	$	1,503	$	10,070	$	3,735
Earnings on discontinued operations, net of taxes	$	2,699	$	897	$	6,504	$	2,442

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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