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Earnings Per Share (Tables)
3 Months Ended
Aug. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands, except per share amounts):

 

 

     Three Months Ended  
     August 31, 2016      August 31, 2015  

Net income (loss)

   $ 744       $ (834
  

 

 

    

 

 

 

Weighted average share outstanding:

     

Basic

     8,391,244         8,391,244   

Common stock equivalents – treasury stock method

     106,948         —     
  

 

 

    

 

 

 

Diluted

     8,498,192         8,391,244   

Net income (loss) per share:

     

Basic

   $ .09       $ (.10
  

 

 

    

 

 

 

Diluted

   $ .09       $ (.10