Share-Based Compensation (Tables)

6 Months Ended

Nov. 30, 2015

The Company recognized share-based compensation expense as follows:



	Three Months Ended November 30,				Six Months Ended November 30,
	2015		2014		2015		2014
Share-based compensation for employee awards	$	1,078	$	1,425	$	2,049	$	2,949
Share-based compensation for non-employee awards	293		176		385		328
Total share-based compensation	$	1,371	$	1,601	$	2,434	$	3,277

The assumptions used for options granted to acquire Common Shares and the fair value at the date of grant is noted in the following table:



	Three Months Ended November 30, 2015	Six Months Ended November 30, 2015
Weighted average expected term (in years)	6.7	6.7
Weighted average expected volatility	30.22%	30.22%
Weighted average risk-free interest rate	1.75%	1.75%
Expected dividend yield	—%	—%
Weighted average fair value per option granted	$4.20	$4.20

Information concerning options activity under the Omnibus Equity Incentive Plan for options to acquire Common Shares is summarized as follows:



	Six Months Ended November 30, 2015
	Number of Options	Weighted-Average Exercise Price
Outstanding, beginning of period	—	$	—
Granted	1,293,178	12.45
Outstanding, end of period	1,293,178	$	12.45
Options exercisable, end of period	—	$	—

Information concerning RSUs activity under the Omnibus Equity Incentive Plan is summarized as follows:



	Six Months Ended November 30, 2015
	Number of RSUs	Weighted-Average Grant Date Fair Value
Outstanding, beginning of period	—	$	—
Granted	307,433	12.33
Outstanding, end of period	307,433	$	12.33
Vested, end of period	—	$	—