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Earnings Per Share (Tables)
9 Months Ended
Mar. 04, 2018
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     Nine-Months Ended  
    March 4,     February 28,     March 4,     February 28,  
    2018     2017     2018     2017  
    (Unaudited)  

Net income (loss)

  $ 1,218     $ (2,447   $ 5,789     $ (2,298
 

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average share outstanding:

       

Basic

    8,391,244       8,391,244       8,391,244       8,391,244  

Common stock equivalents - treasury stock method

    236,088       —         182,902       —    
 

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

    8,627,332       8,391,244       8,574,146       8,391,244  

Net income (loss) per share:

       

Basic

  $ .15     $ (.29   $ .69     $ (.27
 

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

  $ .14     $ (.29   $ .68     $ (.27