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Consolidated Income Statements - USD ($)
$ in Thousands
12 Months Ended
May 31, 2017
May 31, 2016
OPERATIONS    
Net sales $ 236,504 $ 211,774
Cost of sales 214,527 188,461
Gross profit 21,977 23,313
Selling and administrative expenses 22,908 21,120
Net gain on sale of property, plant and equipment 1,280  
Operating income 349 2,193
Interest expense (344) (320)
Income from continuing operations before income taxes 5 1,873
Income tax expense 0 0
Income from continuing operations 5 1,873
Income (loss) from discontinued operations, net of income taxes   (195)
Net income $ 5 $ 1,678
Basic and diluted income per share $ 0.00 $ 0.20
Basic and diluted income share from continuing operations 0.00 0.22
Basic and diluted income (loss) per share from discontinued operations $ 0.00 $ (0.02)
Weighted average number of common shares outstanding:    
Basic 8,391,244 8,391,244
Diluted 8,512,374 8,391,244