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INTANGIBLE ASSETS
 6 Months Ended
Nov. 30, 2014
INTANGIBLE ASSETS

7. INTANGIBLE ASSETS

A summary of intangible assets as of November 30, 2014 and May 31, 2014 is as follows (in thousands):

 

     November 30, 2014      May 31, 2014  
     (unaudited)                      
     Gross
Carrying
Amount		      Accumulated
Amortization		     Net
Carrying
Amount		      Gross
Carrying
Amount		      Accumulated
Amortization		     Net
Carrying
Amount		  

Customer relationships

    $ 22,901       $ (7,969 )    $ 14,932       $ 22,424       $ (6,739 )    $ 15,685   

Non-compete agreements

      3,562         (3,421 )      141         3,667         (3,430 )      237   

Trade names

      4,325         (867 )      3,458         4,325         (717 )      3,608   

Technology

      5,112         (1,964 )      3,148         5,112         (1,698 )      3,414   

Licenses

      683         (146 )      537         683         (114 )      569   
  

 

 

     

 

 

    

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 36,583       $ (14,367 )    $ 22,216       $ 36,211       $ (12,698 )    $ 23,513   
  

 

 

     

 

 

    

 

 

     

 

 

     

 

 

    

 

 

  

Amortization expense for the three months ended November 30, 2014 and 2013 was $0.9 million. Amortization expense for the six months ended November 30, 2014 and 2013 was $1.9 million.