Financial Summary by Quarter - Unaudited

12 Months Ended

May 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Financial Summary by Quarter - Unaudited

NOTE 17

Financial Summary by Quarter — Unaudited

Financial Summary by Quarter


2014	1^st Quarter			2^nd Quarter			3^rd Quarter			4^th Quarter			Year
	(Dollars in thousands, except per share amounts)
Net sales	$	48,994		$	46,263		$	38,772		$	57,701		$	191,730
Gross profit (loss)		4,329			3,221			(146	)		2,883			10,287
Net loss		(1,379	)		(2,213	)		(5,712	)		(2,560	)		(11,864	)
Basic loss per share		(.16	)		(.27	)		(.68	)		(.30	)		(1.41	)

2013	1^st Quarter			2^nd Quarter			3^rd Quarter			4^th Quarter			Year
	(Dollars in thousands, except per share amounts)
Net sales	$	49,920		$	41,836		$	36,986		$	48,832		$	177,574
Gross profit		3,059			2,674			471			5,259			11,463
Net (loss) income		(3,468	)		(1,725	)		(5,365	)		45			(10,513	)
Basic (loss) income per share		(.41	)		(.21	)		(.64	)		.01			(1.25	)

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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