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Quarterly Information (unaudited) (Tables)
12 Months Ended
May 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
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
$
83,644

 
$
88,571

 
$
88,150

 
$
94,060

Gross profit
42,580

 
44,885

 
44,793

 
47,410

Net income (loss)
(373
)
 
(261
)
 
4,515

 
(1,215
)
Earnings per common share
 
 
 
 
 
 
 
Basic
(0.01
)
 
(0.01
)
 
0.13

 
(0.03
)
Diluted
(0.01
)
 
(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

 
$
89,932

Gross profit
39,387

 
44,016

 
41,129

 
43,982

Net income (loss)
(985
)
 
1,878

 
(1,083
)
 
(1,021
)
Earnings per common share
 
 
 
 
 
 
 
Basic
(0.03
)
 
0.05

 
(0.03
)
 
(0.03
)
Diluted
(0.03
)
 
0.05

 
(0.03
)
 
(0.03
)