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Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 03, 2017
Nov. 30, 2016
Dec. 03, 2017
Nov. 30, 2016
OPERATIONS        
Net sales $ 57,765 $ 64,226 $ 116,227 $ 125,402
Cost of sales 49,394 58,996 99,930 113,592
Gross profit 8,371 5,230 16,297 11,810
Selling and administrative expenses 6,132 5,739 12,244 11,489
Net gain on sale of property, plant and equipment 762   702  
Operating income (loss) 3,001 (509) 4,755 321
Interest expense (37) (86) (184) (172)
Income tax expense 0 0 0 0
Net income (loss) $ 2,964 $ (595) $ 4,571 $ 149
Basic and diluted income (loss) per share $ 0.35 $ (0.07) $ 0.54 $ 0.02
Weighted average number of common shares outstanding:        
Basic 8,391,244 8,391,244 8,391,244 8,391,244
Diluted 8,562,899 8,391,244 8,531,191 8,512,903