Long-Term Debt (Tables)

12 Months Ended

May 31, 2012

Long-Term Debt

Long-term debt consists of:

In thousands	2012		2011
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		5,778		—
		655,778		650,000
Capital lease obligations		2,136		2,208
Other contract obligations		249		268
		658,163		652,476
Less current portion		1,214		73
	$	656,949	$	652,403

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	%