XML 32 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 02, 2012
May 28, 2011
May 29, 2010
Statements of Income      
Net sales $ 157,836 $ 158,867 $ 135,372
Cost of sales 111,055 112,754 94,088
Gross profit 46,781 46,113 41,284
Selling, general, and administrative expenses 40,603 43,255 43,183
Loss (gain) on disposal of assets (77) 12 20
Operating income (loss) 6,255 2,846 (1,919)
Other (income) expense:      
Interest expense 1 141 1,176
Investment income (1,387) (369) (34)
Foreign exchange (gain) loss (5) 607 1,116
Loss on retirement of short-term debt   60 203
Other, net (10) (43) (130)
Total other (income) expense (1,401) 396 2,331
Income (loss) from continuing operations before income taxes 7,656 2,450 (4,250)
Income tax provision (benefit) (334) 468 (68)
Income (loss) from continuing operations 7,990 1,982 (4,182)
Income from discontinued operations, net of tax 536 85,966 20,277
Net income 8,526 87,948 16,095
Other Comprehensive income      
Foreign currency translation gain (loss), net of tax (4,227) 7,988 (2,663)
Fair value adjustments on investments (40) 64 (7)
Comprehensive Income $ 4,259 $ 96,000 $ 13,425
Common Stock
     
Net income per Common share-Basic:      
Income (loss) from continuing operations $ 0.48 $ 0.11 $ (0.24)
Income from discontinued operations $ 0.03 $ 4.87 $ 1.16
Total net income (loss) per Common share-Basic: $ 0.51 $ 4.98 $ 0.92
Net income per Common share-Diluted:      
Income (loss) from continuing operations $ 0.47 $ 0.11 $ (0.24)
Income from discontinued operations $ 0.03 $ 4.72 $ 1.16
Total net income (loss) per Common share-Diluted: $ 0.50 $ 4.83 $ 0.92
Weighted average number of shares:      
Common shares-Basic 14,025 14,926 14,766
Common shares-Diluted 17,118 18,203 14,766
Dividends per common share $ 0.200 $ 0.110 $ 0.080
Class B Common Stock
     
Net income per Common share-Basic:      
Income (loss) from continuing operations $ 0.43 $ 0.10 $ (0.21)
Income from discontinued operations $ 0.03 $ 4.38 $ 1.04
Total net income (loss) per Common share-Basic: $ 0.46 $ 4.48 $ 0.83
Net income per Common share-Diluted:      
Income (loss) from continuing operations $ 0.43 $ 0.10 $ (0.21)
Income from discontinued operations $ 0.03 $ 4.32 $ 1.04
Total net income (loss) per Common share-Diluted: $ 0.46 $ 4.42 $ 0.83
Weighted average number of shares:      
Common shares-Basic 2,941 3,019 3,048
Common shares-Diluted 2,941 3,019 3,048
Dividends per common share $ 0.180 $ 0.099 $ 0.072