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v3.3.1.900

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) shares in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Feb. 28, 2016 | Mar. 01, 2015 | Feb. 28, 2016 | Mar. 01, 2015
Product sales | $ 129,990,000 | $ 138,530,000 | $ 405,786,000 | $ 404,809,000
Cost of product sales | 117,059,000 | 121,645,000 | 357,613,000 | 358,071,000
Gross profit | 12,931,000 | 16,885,000 | 48,173,000 | 46,738,000
Operating costs and expenses: |  |  |  |
Research and development | 1,895,000 | 1,755,000 | 5,413,000 | 5,375,000
Selling, general and administrative | 10,659,000 | $ 10,298,000 | 35,638,000 | $ 29,106,000
Impairment of GreenLine tradename | 34,000,000 |  | 34,000,000 |
Total operating costs and expenses | 46,554,000 | $ 12,053,000 | 75,051,000 | $ 34,481,000
Operating (loss) income | (33,623,000) | 4,832,000 | (26,878,000) | 12,257,000
Dividend income | 413,000 | 413,000 | 1,238,000 | 1,015,000
Interest income | 17,000 | 85,000 | 64,000 | 269,000
Interest expense | $ (484,000) | (510,000) | (1,425,000) | (1,365,000)
Other income |  | 1,307,000 | 1,000,000 | 2,707,000
Net (loss) income before taxes | $ (33,677,000) | 6,127,000 | (26,001,000) | 14,883,000
Income tax benefit (expense) | 12,510,000 | (2,324,000) | 9,750,000 | (5,409,000)
Consolidated net (loss) income | (21,167,000) | 3,803,000 | (16,251,000) | 9,474,000
Non-controlling interest | (23,000) | (31,000) | (119,000) | (126,000)
Net (loss) income and comprehensive (loss) income applicable to common stockholders | $ (21,190,000) | $ 3,772,000 | $ (16,370,000) | $ 9,348,000
Basic net (loss) income per share (in dollars per share) | $ (0.78) | $ 0.14 | $ (0.61) | $ 0.35
Diluted net (loss) income per share (in dollars per share) | $ (0.78) | $ 0.14 | $ (0.61) | $ 0.34
Shares used in per share computation |  |  |  |
Basic (in shares) | 27,054 | 26,886 | 27,026 | 26,863
Diluted (in shares) | 27,054 | 27,363 | 27,026 | 27,314

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