pre_text: notes to consolidated financial statements 2014 ( continued ) company 2019s financial statements and establishes guidelines for recognition and measurement of a tax position taken or expected to be taken in a tax return . as a result of this adoption , we recorded a $ 1.5 million increase in the liability for unrecognized income tax benefits , which was accounted for as a $ 1.0 million reduction to the june 1 , 2007 balance of retained earnings and a $ 0.5 million reduction to the june 1 , 2007 balance of additional paid-in capital . as of the adoption date , other long-term liabilities included liabilities for unrecognized income tax benefits of $ 3.8 million and accrued interest and penalties of $ 0.7 million . a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows ( in thousands ) : .
post_text: as of may 31 , 2008 , the total amount of gross unrecognized tax benefits that , if recognized , would affect the effective tax rate is $ 3.7 million . we recognize accrued interest related to unrecognized income tax benefits in interest expense and accrued penalty expense related to unrecognized tax benefits in sales , general and administrative expenses . during fiscal 2008 , we recorded $ 0.3 million of accrued interest and penalty expense related to the unrecognized income tax benefits . we anticipate the total amount of unrecognized income tax benefits will decrease by $ 1.1 million net of interest and penalties from our foreign operations within the next 12 months as a result of the expiration of the statute of limitations . we conduct business globally and file income tax returns in the united states federal jurisdiction and various state and foreign jurisdictions . in the normal course of business , we are subject to examination by taxing authorities throughout the world , including such major jurisdictions as the united states and canada . with few exceptions , we are no longer subject to income tax examinations for years ended may 31 , 2003 and prior . we are currently under audit by the internal revenue service of the united states for the 2004 to 2005 tax years . we expect that the examination phase of the audit for the years 2004 to 2005 will conclude in fiscal 2009 . note 8 2014shareholders 2019 equity on april 5 , 2007 , our board of directors approved a share repurchase program that authorized the purchase of up to $ 100 million of global payments 2019 stock in the open market or as otherwise may be determined by us , subject to market conditions , business opportunities , and other factors . under this authorization , we repurchased 2.3 million shares of our common stock during fiscal 2008 at a cost of $ 87.0 million , or an average of $ 37.85 per share , including commissions . as of may 31 , 2008 , we had $ 13.0 million remaining under our current share repurchase authorization . no amounts were repurchased during fiscal 2007 . note 9 2014share-based awards and options as of may 31 , 2008 , we had four share-based employee compensation plans . for all share-based awards granted after june 1 , 2006 , compensation expense is recognized on a straight-line basis . the fair value of share- based awards granted prior to june 1 , 2006 is amortized as compensation expense on an accelerated basis from the date of the grant . there was no share-based compensation capitalized during fiscal 2008 , 2007 , and 2006. .
table: Balance at June 1, 2007 $3,760
table: Additions based on tax positions related to the current year 93
table: Additions for tax positions of prior years 50
table: Reductions for tax positions of prior years —
table: Settlements with taxing authorities (190)
table: Balance at May 31, 2008 $3,713
question: Analyse this data from a financial earnings document. what is the net change in the balance of unrecognized tax benefits from 2007 to 2008?