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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2015
Aug. 31, 2014
Revenues $ 222,694 $ 188,121
Operating expenses 159,583 131,794
Gross margin 63,111 56,327
Selling, general and administrative expenses 58,140 44,502
Loss on revaluation of contingent consideration 522  
Operating income 4,449 11,825
Interest expense, net 1,712 623
Foreign currency loss 493 181
Earnings before income taxes 2,244 11,021
Less: Provision for income taxes 819 3,968
Net income 1,425 7,053
Less: Income attributable to non-controlling interest   22
Net income available to Team shareholders $ 1,425 $ 7,031
Net income per share: Basic $ 0.07 $ 0.34
Net income per share: Diluted $ 0.07 $ 0.33