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Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 04, 2018
Feb. 28, 2017
Mar. 04, 2018
Feb. 28, 2017
OPERATIONS        
Net sales $ 57,978 $ 51,640 $ 174,205 $ 177,042
Cost of sales 49,832 48,421 149,762 162,013
Gross profit 8,146 3,219 24,443 15,029
Selling and administrative expenses 6,913 5,581 19,157 17,070
Net gain on sale of property, plant and equipment     702  
Operating income (loss) 1,233 (2,362) 5,988 (2,041)
Interest expense (15) (85) (199) (257)
Income tax expense 0 0 0 0
Net income (loss) $ 1,218 $ (2,447) $ 5,789 $ (2,298)
Basic income (loss) per share $ 0.15 $ (0.29) $ 0.69 $ (0.27)
Diluted income (loss) per share $ 0.14 $ (0.29) $ 0.68 $ (0.27)
Weighted average number of common shares outstanding:        
Basic 8,391,244 8,391,244 8,391,244 8,391,244
Diluted 8,627,332 8,391,244 8,574,146 8,391,244