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Investments
3 Months Ended
Aug. 31, 2013
Text Block [Abstract]  
Investments
NOTE 3 Investments

The following is a summary of investments:

 

     Gross
Amortized
Costs
     Gross
Unrealized
Gains
     Fair
Value
 
     (Dollars in thousands)  

August 31, 2013

        

U. S. Treasury Bills

   $ 7,000       $ —         $ 7,000   
  

 

 

    

 

 

    

 

 

 

May 31, 2013

        

U. S. Treasury Bills

   $ 4,000       $ —         $ 4,000   
  

 

 

    

 

 

    

 

 

 

The fair value is determined by a secondary market for U.S. Government Securities. At August 31 and May 31, 2013, the U.S. Treasury Bills matures within three months.