Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive (Loss)/Income

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Other Comprehensive (Loss)/Income
 3 Months Ended
Aug. 31, 2012
Other Comprehensive (Loss)/Income [Abstract]  
Other Comprehensive (Loss)/Income

Note G: Other Comprehensive (Loss)/Income

Other comprehensive (loss)/income results from items deferred on the Consolidated Balance Sheets in stockholders’ equity. The change in unrealized gains and losses, net of applicable taxes, related to available-for-sale securities is the primary component reported in accumulated other comprehensive income in the Consolidated Balance Sheets.

Other comprehensive (loss)/income, is as follows:

 

                 
     For the three months ended
August 31,		  

In millions

   2012     2011  

Other comprehensive (loss)/income:

                

Unrealized (losses)/gains on available-for-sale securities, net of tax

     (0.3 )      6.7  

Reclassification adjustment for the net gain on sale of available-for-sale securities realized in net income, net of tax

     (0.1 )      —    
   

 

 

    

 

 

  

Total other comprehensive (loss)/income

     (0.4 )      6.7  
   

 

 

    

 

 

  

As of August 31, 2012, accumulated other comprehensive income was $37.3 million, which was net of taxes of $21.5 million. As of May 31, 2012, accumulated other comprehensive income was $37.7 million, which was net of taxes of $21.8 million. Accumulated other comprehensive income is comprised of unrealized gains/losses, net of tax.