Property, Plant and Equipment, at Cost

12 Months Ended

May 31, 2014

Property, Plant and Equipment [Abstract]

Property, plant and equipment are summarized as follows:



	May 31, 2014			May 31, 2013			Estimated useful lives
	(in thousands)
Building and building improvements	$	33,126		$	30,150		39 years
Machinery and equipment	32,091			31,129			3 to 8 years
Computer software and equipment	25,836			16,390			3 to 10 years
Construction in progress	12,564			13,373
	103,617			91,042
Less accumulated depreciation and amortization	(37,438		)	(29,421		)
	66,179			61,621
Land and land improvements	1,029			1,029
	$	67,208		$	62,650

Depreciation expense for fiscal 2014, 2013 and 2012 was $8.0 million, $8.7 million and $3.6 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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