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Industry Segment Information
 6 Months Ended
Nov. 30, 2013
Segment Reporting [Abstract]  
Industry Segment Information

NOTE 9 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, modular housing and recreational vehicle net sales is:

 

     Three-Months Ended     Six-Months Ended  
     November 30,     November 30,  
     2013     2012     2013     2012  

Domestic Manufactured Housing

      68 %      51 %      65 %      48 % 

Modular Housing

         

Domestic

      10        14        10        13   

Canadian

      4        3        3        4   
  

 

 

    

 

 

    

 

 

    

 

 

  
     14        17        13        17   
  

 

 

    

 

 

    

 

 

    

 

 

  

Total Housing

      82        68        78        65   

Recreational Vehicles

         

Domestic

      16        25        19        29   

Canadian

      2        7        3        6   
  

 

 

    

 

 

    

 

 

    

 

 

  

Total Recreational Vehicles

      18        32        22        35   
  

 

 

    

 

 

    

 

 

    

 

 

  
     100 %      100 %      100 %      100 % 
  

 

 

    

 

 

    

 

 

    

 

 

  

 

     Three-Months Ended     Six-Months Ended  
     November 30,     November 30,  
     2013     2012     2013     2012  
     (Dollars in thousands)     (Dollars in thousands)  

NET SALES

         

Domestic Manufactured Housing

    $ 31,388      $ 21,288      $ 61,499      $ 44,421   

Modular Housing

         

Domestic

      4,822        5,755        9,714        11,792   

Canadian

      1,950        1,502        3,381        3,244   
  

 

 

    

 

 

    

 

 

    

 

 

  
     6,772        7,257        13,095        15,036   
  

 

 

    

 

 

    

 

 

    

 

 

  

Total Housing

      38,160        28,545        74,594        59,457   

Recreational Vehicles

         

Domestic

      7,415        10,460        18,542        26,393   

Canadian

      688        2,831        2,121        5,906   
  

 

 

    

 

 

    

 

 

    

 

 

  

Total Recreational Vehicles

      8,103        13,291        20,663        32,299   
  

 

 

    

 

 

    

 

 

    

 

 

  

Total Net Sales

    $ 46,263      $ 41,836      $ 95,257      $ 91,756   
  

 

 

    

 

 

    

 

 

    

 

 

  

LOSS BEFORE INCOME TAXES

         

Operating Loss

         

Housing

    $ (510 )    $ (1,733 )    $ (1,090 )    $ (3,370 ) 

Recreational vehicles

      (1,497 )      (929 )      (1,987 )      (2,253 ) 

General corporate expense

      (393 )      (483 )      (727 )      (993 ) 

Gain on sale of idle property, plant and equipment

      162        1,411        162        1,411   
  

 

 

    

 

 

    

 

 

    

 

 

  

Total operating loss

      (2,238 )      (1,734 )      (3,642 )      (5,205 ) 

Interest income

      25        9        50        12   
  

 

 

    

 

 

    

 

 

    

 

 

  

Loss before income taxes

    $ (2,213 )    $ (1,725 )    $ (3,592 )    $ (5,193 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

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.