XML 71 R23.htm IDEA: XBRL DOCUMENT
v2.4.0.8

UPDATES TO CRITICAL ACCOUNTING POLICIES AND ESTIMATES UPDATES TO CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Tables) | 12 Months Ended
--- | ---
May 31, 2014
Accounting Policies and Estimates [Abstract] |
Property, Plant and Equipment [Table Text Block] | Property, plant and equipment consist of the following (in thousands):
| May 31, 2014 |  | June 1, 2013
Land and improvements | $ | 1,598 |  |  | $ | 1,503 |
Buildings and improvements | 18,456 |  |  | 18,384 |
Computer and communications equipment(1) | 3,792 |  |  | 1,676 |
Construction in progress(1) | 1,377 |  |  | 1,305 |
Machinery and other equipment | 5,795 |  |  | 4,963 |
| $ | 31,018 |  |  | $ | 27,831 |
Accumulated depreciation | (23,795 | ) |  | (22,758 | )
Property, plant, and equipment, net | $ | 7,223 |  |  | $ | 5,073 |
(1) | Relates primarily to IT Infrastructure for our ERP Implementation.
Property Plant And Equipment Estimated Useful Lives Table [Text Block] | Supplemental disclosure information of the estimated useful life of the asset:
Land improvements | 10 years
Buildings and improvements | 10 - 30 years
Computer and communications equipment | 3 - 10 years
Machinery and other equipment | 3 - 10 years
Schedule of Accrued Liabilities [Table Text Block] | Accrued liabilities consist of the following (in thousands):
| May 31, 2014 |  | June 1, 2013
Compensation and payroll taxes | $ | 4,692 |  |  | $ | 4,138 |
Income taxes | 68 |  |  | 1,191 |
Professional fees | 560 |  |  | 811 |
Other accrued expenses | 3,900 |  |  | 3,426 |
Accrued Liabilities | $ | 9,220 |  |  | $ | 9,566 |
Schedule of Product Warranty Liability [Table Text Block] | Changes in the warranty reserve during fiscal 2014 and 2013 were as follows (in thousands):
| Warranty Reserve
Balance at June 2, 2012 | $ | 148 |
Accruals for products sold | 259 |
Utilization | (219 | )
Balance at June 1, 2013 | $ | 188 |
Accruals for products sold | 202 |
Utilization | (215 | )
Balance at May 31, 2014 | $ | 175 |
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | A summary of stock option activity is as follows (in thousands, except option prices and years):
| Number of Options |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life |  | Aggregate Intrinsic Value
Options Outstanding at May 28, 2011 | 883 |  |  | $ | 8.51 |  |  |  |  |
Granted | 140 |  |  | 12.87 |  |  |  |  |
Exercised | (121 | ) |  | 6.68 |  |  |  |  |
Forfeited | (62 | ) |  | 8.91 |  |  |  |  |
Cancelled | (74 | ) |  | 7.92 |  |  |  |  |
Options Outstanding at June 2, 2012 | 766 |  |  | $ | 9.52 |  |  |  |  |
Granted | 225 |  |  | 11.70 |  |  |  |  |
Exercised | (31 | ) |  | 6.37 |  |  |  |  |
Forfeited | (14 | ) |  | 10.40 |  |  |  |  |
Cancelled | (2 | ) |  | 12.43 |  |  |  |  |
Options Outstanding at June 1, 2013 | 944 |  |  | $ | 10.13 |  |  |  |  |
Granted | 224 |  |  | 11.15 |  |  |  |  |
Exercised | (32 | ) |  | 5.84 |  |  |  |  |
Forfeited | (54 | ) |  | 11.73 |  |  |  |  |
Cancelled | (17 | ) |  | 11.52 |  |  |  |  |
Options Outstanding at May 31, 2014 | 1,065 |  |  | $ | 10.37 |  |  | 6.4 |  | $ | 1,189 |
Options Vested at May 31, 2014 | 576 |  |  | $ | 9.50 |  |  | 4.8 |  | $ | 1,040 |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | The per share amounts presented in the consolidated statements of comprehensive income (loss) are based on the following (amounts in thousands, except per share amounts):
| For the Fiscal Year Ended
| May 31, 2014 |  | June 1, 2013 |  | June 2, 2012
| Basic |  | Diluted |  | Basic |  | Diluted |  | Basic |  | Diluted
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (345 | ) |  | $ | (345 | ) |  | $ | 482 |  |  | $ | 482 |  |  | $ | 7,990 |  |  | $ | 7,990 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |
Common stock | 2,853 |  |  | 2,853 |  |  | 2,971 |  |  | 2,971 |  |  | 2,787 |  |  | 2,787 |
Class B common stock | 488 |  |  | 488 |  |  | 600 |  |  | 600 |  |  | 528 |  |  | 528 |
Undistributed earnings (losses) | $ | (3,686 | ) |  | $ | (3,686 | ) |  | $ | (3,089 | ) |  | $ | (3,089 | ) |  | $ | 4,675 |  |  | $ | 4,675 |
Common stock undistributed earnings (losses) | $ | (3,151 | ) |  | $ | (3,151 | ) |  | $ | (2,570 | ) |  | $ | (2,575 | ) |  | $ | 3,933 |  |  | $ | 3,939 |
Class B common stock undistributed earnings (losses) | (535 | ) |  | (535 | ) |  | (519 | ) |  | (514 | ) |  | 742 |  |  | 736 |
Total undistributed earnings (losses) | $ | (3,686 | ) |  | $ | (3,686 | ) |  | $ | (3,089 | ) |  | $ | (3,089 | ) |  | $ | 4,675 |  |  | $ | 4,675 |
Income (loss) from discontinued operations | $ | (170 | ) |  | $ | (170 | ) |  | $ | 766 |  |  | $ | 766 |  |  | $ | 536 |  |  | $ | 536 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |
Common stock | 2,853 |  |  | 2,853 |  |  | 2,971 |  |  | 2,971 |  |  | 2,787 |  |  | 2,787 |
Class B common stock | 488 |  |  | 488 |  |  | 600 |  |  | 600 |  |  | 528 |  |  | 528 |
Undistributed earnings (losses) | $ | (3,511 | ) |  | $ | (3,511 | ) |  | $ | (2,805 | ) |  | $ | (2,805 | ) |  | $ | (2,779 | ) |  | $ | (2,779 | )
Common stock undistributed earnings (losses) | $ | (3,001 | ) |  | $ | (3,001 | ) |  | $ | (2,334 | ) |  | $ | (2,338 | ) |  | $ | (2,338 | ) |  | $ | (2,342 | )
Class B common stock undistributed earnings (losses) | (510 | ) |  | (510 | ) |  | (471 | ) |  | (467 | ) |  | (441 | ) |  | (437 | )
Total undistributed earnings (losses) | $ | (3,511 | ) |  | $ | (3,511 | ) |  | $ | (2,805 | ) |  | $ | (2,805 | ) |  | $ | (2,779 | ) |  | $ | (2,779 | )
Net income (loss) | $ | (515 | ) |  | $ | (515 | ) |  | $ | 1,248 |  |  | $ | 1,248 |  |  | $ | 8,526 |  |  | $ | 8,526 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |
Common stock | 2,853 |  |  | 2,853 |  |  | 2,971 |  |  | 2,971 |  |  | 2,787 |  |  | 2,787 |
Class B common stock | 488 |  |  | 488 |  |  | 600 |  |  | 600 |  |  | 528 |  |  | 528 |
Undistributed earnings (losses) | $ | (3,856 | ) |  | $ | (3,856 | ) |  | $ | (2,323 | ) |  | $ | (2,323 | ) |  | $ | 5,211 |  |  | $ | 5,211 |
Common stock undistributed earnings (losses) | $ | (3,296 | ) |  | $ | (3,296 | ) |  | $ | (1,933 | ) |  | $ | (1,937 | ) |  | $ | 4,384 |  |  | $ | 4,391 |
Class B common stock undistributed earnings (losses) | (560 | ) |  | (560 | ) |  | (390 | ) |  | (386 | ) |  | 827 |  |  | 820 |
Total undistributed earnings (losses) | $ | (3,856 | ) |  | $ | (3,856 | ) |  | $ | (2,323 | ) |  | $ | (2,323 | ) |  | $ | 5,211 |  |  | $ | 5,211 |
Denominator for basic and diluted EPS: |  |  |  |  |  |  |  |  |  |  |
Common stock weighted average shares | 11,915 |  |  | 11,915 |  |  | 12,448 |  |  | 12,448 |  |  | 14,025 |  |  | 14,025 |
Class B common stock weighted average shares, and shares under if-converted method for diluted EPS | 2,250 |  |  | 2,250 |  |  | 2,790 |  |  | 2,790 |  |  | 2,941 |  |  | 2,941 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |
Dilutive stock options |  |  | — |  |  |  |  | 134 |  |  |  |  | 152 |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversions |  |  | 14,165 |  |  |  |  | 15,372 |  |  |  |  | 17,118 |
Income (loss) from continuing operations per share: |  |  |  |  |  |  |  |  |  |  |
Common stock | $ | (0.03 | ) |  | $ | (0.03 | ) |  | $ | 0.03 |  |  | $ | 0.03 |  |  | $ | 0.48 |  |  | $ | 0.47 |
Class B common stock | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | 0.03 |  |  | $ | 0.03 |  |  | $ | 0.43 |  |  | $ | 0.43 |
Income (loss) from discontinued operations per share: |  |  |  |  |  |  |  |  |  |  |
Common stock | $ | (0.01 | ) |  | $ | (0.01 | ) |  | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | 0.03 |  |  | $ | 0.03 |
Class B common stock | $ | (0.01 | ) |  | $ | (0.01 | ) |  | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | 0.03 |  |  | $ | 0.03 |
Net income (loss) per share: |  |  |  |  |  |  |  |  |  |  |
Common stock | $ | (0.04 | ) |  | $ | (0.04 | ) |  | $ | 0.08 |  |  | $ | 0.08 |  |  | $ | 0.51 |  |  | $ | 0.50 |
Class B common stock | $ | (0.03 | ) |  | $ | (0.03 | ) |  | $ | 0.08 |  |  | $ | 0.08 |  |  | $ | 0.46 |  |  | $ | 0.46 |
Note: Common stock options that were anti-dilutive and not included in diluted earnings per common share for fiscal 2014, fiscal 2013, and fiscal 2012 were 489,064; 280,764; and 272,864, respectively.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | The fair value of stock options is estimated using the Black-Scholes option-pricing model with the following weighted average assumptions:
| Fiscal Year Ended
| May 31, 2014 |  | June 1, 2013 |  | June 2, 2012
Expected volatility | 49.31 | % |  | 50.79 | % |  | 53.91 | %
Risk-free interest rate | 2.03 | % |  | 1.12 | % |  | 1.52 | %
Expected lives (years) | 6.47 |  |  | 6.37 |  |  | 6.29 |
Annual cash dividend | $ | 0.24 |  |  | $ | 0.24 |  |  | $ | 0.20 |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | The following table summarizes information about stock options outstanding at May 31, 2014 (in thousands, except option prices and years):
| Outstanding |  | Vested
Exercise Price Range | Shares |  | Price |  | Life |  | Aggregate Intrinsic Value |  | Shares |  | Price |  | Life |  | Aggregate Intrinsic Value
$4.18 to $7.24 | 224 |  |  | $ | 5.74 |  |  | 4.8 |  | $ | 994 |  |  | 191 |  |  | $ | 5.75 |  |  | 4.7 |  | $ | 845 |
$7.32 to $11.00 | 135 |  |  | $ | 8.96 |  |  | 2.3 |  | $ | 195 |  |  | 135 |  |  | $ | 8.96 |  |  | 2.3 |  | $ | 195 |
$11.12 to $13.76 | 706 |  |  | $ | 12.10 |  |  | 7.7 |  | $ | — |  |  | 250 |  |  | $ | 12.66 |  |  | 6.2 |  | $ | — |
Total | 1,065 |  |  | $ | 10.37 |  |  | 6.4 |  | $ | 1,189 |  |  | 576 |  |  | $ | 9.50 |  |  | 4.8 |  | $ | 1,040 |

X
- Details
Name: | rell_AccountingPoliciesandEstimatesAbstract
Namespace Prefix: | rell_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Property Plant And Equipment Estimated Useful Lives Table + References No definition available. + Details
Name: | rell_PropertyPlantAndEquipmentEstimatedUsefulLivesTableTextBlock
Namespace Prefix: | rell_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph b -Article 5 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249 + Details
Name: | us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration