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ACQUISITION (Tables)
 12 Months Ended
May 28, 2016
Business Combinations [Abstract]  
Schedule of fair value of assets acquired

The following table summarizes the fair values of the assets acquired at the date of the closing of the acquisition (in thousands): 

 

Accounts receivable   $ 737  
Inventories     1,420  
Property, plant and equipment     230  
Goodwill     6,332  
Other intangibles     3,490  
Net assets acquired   $ 12,209  
Schedule of proforma results of operations

The following unaudited pro forma information represents the Company’s results of operations as if the acquisitions had occurred as of June 1, 2014: 

 

$ in thousands, except per share amounts  For the year ended
May 30, 2015
Net sales  $145,136 
Net loss  $(3,666)
Earnings per share:     
Common shares - Basic  $(0.27)
Class B common shares - Basic  $(0.24)
Common shares - Diluted  $(0.27)
Class B common shares - Diluted  $(0.24)