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Quarterly Information (unaudited) (Tables)
12 Months Ended
May 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]
The following table summarizes the impact of immaterial errors in the Company's consolidated statements of operations, consolidated balance sheets and consolidated statements of cash flows for the period ended February 28, 2014:

(In thousands, except per share data)
As Previously Reported
 
Adjustments
 
As Revised
Quarter Ended February 28, 2014
 
 
 
 
 
Consolidated Statement of Operations
 
 
 
 
 
Cost of sales
$
42,560

 
717

 
43,277

Gross profit
45,635

 
(717
)
 
44,918

Operating income
7,569

 
(717
)
 
6,852

Income before income tax provision
5,584

 
(717
)
 
4,867

Income tax expense
476

 
(300
)
 
176

Net income
5,108

 
(417
)
 
4,691

Income per common share
0.15

 
(0.01
)
 
0.14

Income per diluted share
0.14

 
(0.01
)
 
0.13

As of February 28, 2014
 
 
 
 
 
Consolidated Balance Sheets
 
 
 
 
 
Inventory, net
59,834

 
(717
)
 
59,117

Income tax payable
879

 
(300
)
 
579

Nine Months Ended February 28, 2014
 
 
 
 
 
Consolidated Statement of Cash Flows
 
 
 
 
 
Net income
5,108

 
(417
)
 
4,691

Change in inventories
(4,225
)
 
717

 
(3,508
)
Accounts payable, accrued and other liabilities
2,699

 
(300
)
 
2,399

Net cash provided by operating activities
$
15,174

 
 
$
15,174

Summary of Quarterly Financial Information
Quarterly results of operations during the fiscal years ended 2014 and 2013 are as follows:
 
 
2014
 
First
quarter
 
Second
quarter
 
Third
quarter
 
Fourth
quarter
 
(in thousands, except per share data)
Net sales
$
83,579

 
$
88,616

 
$
88,195

 
$
94,065

Gross profit
42,482

 
44,930

 
44,918

 
47,531

Net income (loss)
(426
)
 
(99
)
 
4,691

 
(1,078
)
Earnings per common share
 
 
 
 
 
 
 
Basic
(0.01
)
 

 
0.14

 
(0.03
)
Diluted
(0.01
)
 

 
0.13

 
(0.03
)
 
 
2013
 
First
quarter
 
Second
quarter
 
Third
quarter
 
Fourth
quarter
 
(in thousands, except per share data)
Net sales
$
83,406

 
$
87,007

 
$
81,571

 
$
90,042

Gross profit
39,459

 
44,088

 
41,201

 
44,241

Net income (loss)
(721
)
 
1,969

 
(992
)
 
(868
)
Earnings per common share
 
 
 
 
 
 
 
Basic
(0.02
)
 
0.06

 
(0.03
)
 
(0.03
)
Diluted
(0.02
)
 
0.06

 
(0.03
)
 
(0.03
)