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Industry Segment Information
 9 Months Ended
Feb. 29, 2012
Industry Segment Information [Abstract]  
Industry Segment Information

NOTE 7 Industry Segment Information

The Corporation designs, produces and markets manufactured housing, modular housing and recreational vehicles (travel trailers, fifth wheels and park models). Manufactured housing represents homes built according to a national building code; modular housing represents homes built to a local building code. The percentage allocation of manufactured housing and recreational vehicle net sales is:

 

                                 
     Three-Months Ended     Nine-Months Ended  
    February 29,     February 28,     February 29,     February 28,  
    2012     2011     2012     2011  

Housing

                                

Manufactured Housing

                                

Domestic

     42 %      45 %      49 %      54 % 

Canadian

     —         1       —         1  
   

 

 

    

 

 

    

 

 

    

 

 

  
      42       46       49       55  
         

Modular Housing

                                

Domestic

     8       11       9       9  

Canadian

     2       1       3       1  
   

 

 

    

 

 

    

 

 

    

 

 

  
      10       12       12       10  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total Housing

     52       58       61       65  
         

Recreational Vehicles

                                

Domestic

     31       31       30       26  

Canadian

     17       11       9       9  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total Recreational Vehicles

     48       42       39       35  
   

 

 

    

 

 

    

 

 

    

 

 

  
      100 %      100 %      100 %      100 % 
   

 

 

    

 

 

    

 

 

    

 

 

  

 

 

                                 
    Three-Months Ended     Nine-Months Ended  
    February 29,     February 28,     February 29,     February 28,  
    2012     2011     2012     2011  
    (Dollars in thousands)     (Dollars in thousands)  

NET SALES

                                

Housing

                                

Manufactured Housing

                                

Domestic

   $ 15,230     $ 14,462     $ 64,023     $ 61,562  

Canadian

     —         245       —         827  
   

 

 

    

 

 

    

 

 

    

 

 

  
      15,230       14,707       64,023       62,389  
         

Modular Housing

                                

Domestic

     3,047       3,592       11,801       10,125  

Canadian

     788       198       4,544       1,169  
   

 

 

    

 

 

    

 

 

    

 

 

  
      3,835       3,790       16,345       11,294  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total Housing

     19,065       18,497       80,368       73,683  
         

Recreational Vehicles

                                

Domestic

     11,615       9,852       39,214       30,282  

Canadian

     6,125       3,427       12,803       10,259  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total Recreational Vehicles

     17,740       13,279       52,017       40,541  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total Net Sales

   $ 36,805     $ 31,776     $ 132,385     $ 114,224  
   

 

 

    

 

 

    

 

 

    

 

 

  

LOSS BEFORE INCOME TAXES

                                

Operating Loss

                                

Housing

   $ (4,694 )    $ (5,359 )    $ (12,500 )    $ (14,305 ) 

Recreational vehicles

     (2,009 )      (2,812 )      (5,749 )      (6,537 ) 

General corporate expense

     (687 )      (586 )      (1,919 )      (1,772 ) 

Gain on sale of idle property, plant and equipment

     —         —         2,500       —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Total operating loss

     (7,390 )      (8,757 )      (17,668 )      (22,614 ) 

Interest income

     3       15       14       51  
   

 

 

    

 

 

    

 

 

    

 

 

  

Loss before income taxes

   $ (7,387 )    $ (8,742 )    $ (17,654 )    $ (22,563 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Total operating loss represents operating losses before interest income and benefit from income taxes with non-traceable operating expenses being allocated to industry segments based on percentages of sales. General corporate expenses are not allocated to the industry segments.