Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income/(Loss)

v2.4.0.6
Other Comprehensive Income/(Loss)
 6 Months Ended
Nov. 30, 2012
Equity [Abstract]  
Other Comprehensive Income/(Loss)
Note G: Other Comprehensive Income/(Loss)
Other comprehensive income/(loss) 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 income/(loss), is as follows:
  
For the three months ended
November 30,
 
For the six months ended
November 30,
In millions
2012
 
2011
 
2012
 
2011
Other comprehensive income/(loss):
 
 
 
 
 
 
 
Unrealized gains/(losses) on available-for-sale securities, net of tax
$
2.5

 
$
(10.1
)
 
$
2.2

 
$
(3.4
)
Reclassification adjustment for the net gain on sale of available-for-sale securities realized in net income, net of tax
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.2
)
Total other comprehensive income/(loss), net of tax
$
2.4

 
$
(10.2
)
 
$
2.0

 
$
(3.6
)

As of November 30, 2012, accumulated other comprehensive income was $39.7 million, which was net of taxes of $23.1 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.