Working Capital (Tables)

12 Months Ended

May 31, 2012

Receivables

Receivables consist of:

In thousands	2012		2011
Trade notes and accounts receivable	$	97,621	$	84,406
Other		1,215		1,411
	$	98,836	$	85,817

Inventories

Inventories consist of:

In thousands	2012		2011
Finished products	$	7,749	$	9,627
Work in process		37,301		44,391
Raw materials		12,745		15,215
Total inventories at LIFO cost		57,795		69,233
Finished products		23,451		23,427
Raw materials		229		272
Parts and supplies		48,039		47,714
Total inventories at average cost		71,719		71,413
Total inventories	$	129,514	$	140,646

Accrued Interest, Compensation and Other

Accrued interest, compensation and other consist of:

In thousands	2012		2011
Interest	$	17,810	$	17,827
Compensation and employee benefits		18,103		13,536
Casualty insurance claims		14,004		15,740
Income taxes		4,500		3,723
Property taxes and other		6,900		8,022
	$	61,317	$	58,848