Long-Term Debt (Tables)

3 Months Ended

Aug. 31, 2013

Long-Term Debt

Long-term debt consists of:

	August 31,		May 31,
In thousands	2013		2013
Senior secured revolving credit facility expiring in 2016	$	—	$	—
9.25% Senior notes due 2020 issued August 10, 2010 at par value	650,000		650,000
Other	7,079		7,505
	657,079		657,505
Capital lease obligations	2,036		2,057
Other contract obligations	245		245
	659,360		659,807
Less current portion	1,911		1,872
	$	657,449	$	657,935

Notes Redemption Prices (Expressed as Percentages of Principal Amount)

On and after August 15, 2015, we may redeem all or a part of the notes at the redemption prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest if redeemed during the twelve-month period beginning on August 15 of the years indicated below:

Year	Percentage
2015	104.625	%
2016	103.083	%
2017	101.542	%
2018 and thereafter	100.000	%