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Related Parties
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12 Months Ended |
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May 31, 2014
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| Related Party Transactions [Abstract] | |
| Related Parties |
Related Parties
During fiscal years 2014, 2013, and 2012, the Company purchased approximately $4.7 million, $6.5 million, and $2.6 million, respectively, of data processing equipment and software from EMC Corporation. The Chairman, President, and Chief Executive Officer of EMC Corporation is a member of the Company’s Board.
During fiscal years 2014, 2013, and 2012, the Company purchased approximately $1.3 million, $1.6 million, and $1.8 million, respectively, of office supplies from Staples, Inc. The Vice Chairman of Staples, Inc. is a member of the Company’s Board.
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- Details
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- Definition
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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