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Treasury Stock

3 Months Ended

Aug. 31, 2016

Stockholders' Equity Attributable to Parent [Abstract]

Treasury Stock

TREASURY STOCK

The Board has authorized the Company to repurchase Common Stock, from time to time as conditions allow, on the open market or through negotiated private transactions.

The table below represents the remaining Board authorization:

	Amount
Additional authorization July 2015	50.0
Less repurchases made under the authorizations as of August 31, 2016	(4.5		)
Remaining Board authorization at August 31, 2016	$	45.5

On July 22, 2015, the Board authorized an additional $50.0 for the share buy-back program, to be funded with available cash. There were no repurchases of Common Stock made during the three months ended August 31, 2016. The Company’s repurchase program may be suspended at any time without prior notice.

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- Definition

The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

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