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Discontinued Operations
 9 Months Ended
Feb. 29, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations

NOTE 4 Discontinued Operations

During September 2014, the Corporation made a strategic decision to exit the recreational vehicle industry in order to focus on its core housing business. As a result, on October 7, 2014, the Corporation completed the sale of certain assets associated with its recreational vehicle segment to Evergreen Recreational Vehicles, LLC.

The following table summarizes the results of discontinued operations:

 

     Three-Months Ended      Nine-Months Ended  
     February 29,
2016		      February 28,
2015		      February 29,
2016		      February 28,
2015		  
    

(Unaudited)

(Dollars in thousands)

     

(Unaudited)

(Dollars in thousands)

  

Net Sales

    $ 5       $ 52       $ 71       $ 9,767   
  

 

 

     

 

 

     

 

 

     

 

 

  

Operating (loss) income of discontinued operations

    $ (6 )     $ (86 )     $ 13       $ (5,944 ) 

Loss on disposal of discontinued operations

      —           —           —           (231 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

(Loss) income before income taxes

      (6 )       (86 )       13         (6,175 ) 

Income tax expense

      —           —           —           —     
  

 

 

     

 

 

     

 

 

     

 

 

  

(Loss) income from discontinued operations, net of taxes

    $ (6 )     $ (86 )     $ 13       $ (6,175 )