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CALCULATION OF EARNINGS PER SHARE (Tables) | 9 Months Ended
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Feb. 28, 2015
Earnings per share |
| Nine Months Ended
| February 28, 2015 |  | March 1, 2014
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (3,425 | ) |  | $ | (3,425 | ) |  | $ | 2,498 |  |  | $ | 2,498 |
Less dividends: |  |  |  |  |  |  |
Common stock | 2,103 |  |  | 2,103 |  |  | 2,143 |  |  | 2,143 |
Class B common stock | 350 |  |  | 350 |  |  | 370 |  |  | 370 |
Undistributed losses | $ | (5,878 | ) |  | $ | (5,878 | ) |  | $ | (15 | ) |  | $ | (15 | )
Common stock undistributed losses | $ | (5,045 | ) |  | $ | (5,045 | ) |  | $ | (13 | ) |  | $ | (13 | )
Class B common stock undistributed losses | (833 | ) |  | (833 | ) |  | (2 | ) |  | (2 | )
Total undistributed losses | $ | (5,878 | ) |  | $ | (5,878 | ) |  | $ | (15 | ) |  | $ | (15 | )
Income (loss) from discontinued operations | $ | 87 |  |  | $ | 87 |  |  | $ | (538 | ) |  | $ | (538 | )
Less dividends: |  |  |  |  |  |  |
Common stock | 2,103 |  |  | 2,103 |  |  | 2,143 |  |  | 2,143 |
Class B common stock | 350 |  |  | 350 |  |  | 370 |  |  | 370 |
Undistributed losses | $ | (2,366 | ) |  | $ | (2,366 | ) |  | $ | (3,051 | ) |  | $ | (3,051 | )
Common stock undistributed losses | $ | (2,031 | ) |  | $ | (2,031 | ) |  | $ | (2,605 | ) |  | $ | (2,609 | )
Class B common stock undistributed losses | (335 | ) |  | (335 | ) |  | (446 | ) |  | (442 | )
Total undistributed losses | $ | (2,366 | ) |  | $ | (2,366 | ) |  | $ | (3,051 | ) |  | $ | (3,051 | )
Net income (loss) | $ | (3,338 | ) |  | $ | (3,338 | ) |  | $ | 1,960 |  |  | $ | 1,960 |
Less dividends: |  |  |  |  |  |  |
Common stock | 2,103 |  |  | 2,103 |  |  | 2,143 |  |  | 2,143 |
Class B common stock | 350 |  |  | 350 |  |  | 370 |  |  | 370 |
Undistributed losses | $ | (5,791 | ) |  | $ | (5,791 | ) |  | $ | (553 | ) |  | $ | (553 | )
Common stock undistributed losses | $ | (4,970 | ) |  | $ | (4,970 | ) |  | $ | (472 | ) |  | $ | (473 | )
Class B common stock undistributed losses | (821 | ) |  | (821 | ) |  | (81 | ) |  | (80 | )
Total undistributed losses | $ | (5,791 | ) |  | $ | (5,791 | ) |  | $ | (553 | ) |  | $ | (553 | )
Denominator for basic and diluted EPS: |  |  |  |  |  |  |
Common stock weighted average shares | 11,733 |  |  | 11,733 |  |  | 11,942 |  |  | 11,942 |
Class B common stock weighted average shares, and shares under if-converted method for diluted EPS | 2,154 |  |  | 2,154 |  |  | 2,270 |  |  | 2,270 |
Effect of dilutive securities Dilutive stock options |  |  | — |  |  |  |  | 123 |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversions |  |  | 13,887 |  |  |  |  | 14,335 |
Income (loss) from continuing operations per share: |  |  |  |  |  |  |
Common stock | $ | (0.25 | ) |  | $ | (0.25 | ) |  | $ | 0.18 |  |  | $ | 0.17 |
Class B common stock | $ | (0.22 | ) |  | $ | (0.22 | ) |  | $ | 0.16 |  |  | $ | 0.16 |
Income (loss) from discontinued operations per share: |  |  |  |  |  |  |
Common stock | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | (0.04 | ) |  | $ | (0.04 | )
Class B common stock | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | (0.03 | ) |  | $ | (0.03 | )
Net income (loss) per share: |  |  |  |  |  |  |
Common stock | $ | (0.24 | ) |  | $ | (0.24 | ) |  | $ | 0.14 |  |  | $ | 0.13 |
Class B common stock | $ | (0.21 | ) |  | $ | (0.21 | ) |  | $ | 0.13 |  |  | $ | 0.13 |
Note: Common stock options that were anti-dilutive and not included in diluted earnings per common share for the first nine months of fiscal 2015 and fiscal 2014 were 726,564 and 512,064, respectively. The earnings per share (“EPS”) presented in our unaudited consolidated statements of comprehensive income (loss) are based on the following amounts (in thousands, except per share amounts):
| For the Three Months Ended
| February 28, 2015 |  | March 1, 2014
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |
Loss from continuing operations | $ | (2,198 | ) |  | $ | (2,198 | ) |  | $ | (112 | ) |  | $ | (112 | )
Less dividends: |  |  |  |  |  |  |
Common stock | 691 |  |  | 691 |  |  | 710 |  |  | 710 |
Class B common stock | 116 |  |  | 116 |  |  | 118 |  |  | 118 |
Undistributed losses | $ | (3,005 | ) |  | $ | (3,005 | ) |  | $ | (940 | ) |  | $ | (940 | )
Common stock undistributed losses | $ | (2,577 | ) |  | $ | (2,577 | ) |  | $ | (806 | ) |  | $ | (806 | )
Class B common stock undistributed losses | (428 | ) |  | (428 | ) |  | (134 | ) |  | (134 | )
Total undistributed losses | $ | (3,005 | ) |  | $ | (3,005 | ) |  | $ | (940 | ) |  | $ | (940 | )
Loss from discontinued operations | $ | — |  |  | $ | — |  |  | $ | (420 | ) |  | $ | (420 | )
Less dividends: |  |  |  |  |  |  |
Common stock | 691 |  |  | 691 |  |  | 710 |  |  | 710 |
Class B common stock | 116 |  |  | 116 |  |  | 118 |  |  | 118 |
Undistributed losses | $ | (807 | ) |  | $ | (807 | ) |  | $ | (1,248 | ) |  | $ | (1,248 | )
Common stock undistributed losses | $ | (692 | ) |  | $ | (692 | ) |  | $ | (1,070 | ) |  | $ | (1,070 | )
Class B common stock undistributed losses | (115 | ) |  | (115 | ) |  | (178 | ) |  | (178 | )
Total undistributed losses | $ | (807 | ) |  | $ | (807 | ) |  | $ | (1,248 | ) |  | $ | (1,248 | )
Net loss | $ | (2,198 | ) |  | $ | (2,198 | ) |  | $ | (532 | ) |  | $ | (532 | )
Less dividends: |  |  |  |  |  |  |
Common stock | 691 |  |  | 691 |  |  | 710 |  |  | 710 |
Class B common stock | 116 |  |  | 116 |  |  | 118 |  |  | 118 |
Undistributed losses | $ | (3,005 | ) |  | $ | (3,005 | ) |  | $ | (1,360 | ) |  | $ | (1,360 | )
Common stock undistributed losses | $ | (2,577 | ) |  | $ | (2,577 | ) |  | $ | (1,166 | ) |  | $ | (1,166 | )
Class B common stock undistributed losses | (428 | ) |  | (428 | ) |  | (194 | ) |  | (194 | )
Total undistributed losses | $ | (3,005 | ) |  | $ | (3,005 | ) |  | $ | (1,360 | ) |  | $ | (1,360 | )
Denominator for basic and diluted EPS: |  |  |  |  |  |  |
Common stock weighted average shares | 11,604 |  |  | 11,604 |  |  | 11,832 |  |  | 11,832 |
Class B common stock weighted average shares, and shares under if-converted method for diluted EPS | 2,141 |  |  | 2,141 |  |  | 2,191 |  |  | 2,191 |
Effect of dilutive stock options |  |  | — |  |  |  |  | 117 |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversions |  |  | 13,745 |  |  |  |  | 14,140 |
Loss from continuing operations per share: |  |  |  |  |  |  |
Common stock | $ | (0.16 | ) |  | $ | (0.16 | ) |  | $ | (0.01 | ) |  | $ | (0.01 | )
Class B common stock | $ | (0.15 | ) |  | $ | (0.15 | ) |  | $ | (0.01 | ) |  | $ | (0.01 | )
Loss from discontinued operations per share: |  |  |  |  |  |  |
Common stock | $ | — |  |  | $ | — |  |  | $ | (0.03 | ) |  | $ | (0.03 | )
Class B common stock | $ | — |  |  | $ | — |  |  | $ | (0.03 | ) |  | $ | (0.03 | )
Net loss per share: |  |  |  |  |  |  |
Common stock | $ | (0.16 | ) |  | $ | (0.16 | ) |  | $ | (0.04 | ) |  | $ | (0.04 | )
Class B common stock | $ | (0.15 | ) |  | $ | (0.15 | ) |  | $ | (0.04 | ) |  | $ | (0.04 | )
Note: Common stock options that were anti-dilutive and not included in diluted earnings per common share for the third quarter of fiscal 2015 and fiscal 2014 were 886,064 and 512,064, respectively.

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- 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
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