v2.4.0.8

15. COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

May 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Minimum annual rentals payments under non-cancellable operating leases

 Minimum annual rentals payments under non-cancellable operating leases in each of the next five fiscal years and thereafter are as follows (in thousands):

Years Ending May 31,
2015		$	623
2016			62
2017			11
2018			--
2019			--
Thereafter			--
Total		$	696

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717

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