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Calculation of Earnings Per Share (Tables) | 6 Months Ended
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Nov. 28, 2020
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The earnings per share (“EPS”) presented in our unaudited consolidated statements of comprehensive income (loss) were based on the following amounts (in thousands, except per share amounts):
|  | Three Months Ended |
|  | November 28, 2020 |  |  | November 30, 2019 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 689 |  |  | $ | 689 |  |  | $ | (622 | ) |  | $ | (622 | )
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 666 |  |  |  | 666 |  |  |  | 662 |  |  |  | 662 |
Class B common stock |  |  | 114 |  |  |  | 114 |  |  |  | 113 |  |  |  | 113 |
Undistributed losses |  | $ | (91 | ) |  | $ | (91 | ) |  | $ | (1,397 | ) |  | $ | (1,397 | )
Common stock undistributed losses |  | $ | (78 | ) |  | $ | (78 | ) |  | $ | (1,193 | ) |  | $ | (1,193 | )
Class B common stock undistributed losses |  |  | (13 | ) |  |  | (13 | ) |  |  | (204 | ) |  |  | (204 | )
Total undistributed losses |  | $ | (91 | ) |  | $ | (91 | ) |  | $ | (1,397 | ) |  | $ | (1,397 | )
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock weighted average shares |  |  | 11,111 |  |  |  | 11,111 |  |  |  | 11,038 |  |  |  | 11,038 |
Class B common stock weighted average shares and shares under if-converted method for diluted EPS |  |  | 2,097 |  |  |  | 2,097 |  |  |  | 2,097 |  |  |  | 2,097 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Dilutive stock options |  |  |  |  |  |  | 17 |  |  |  |  |  |  |  | — |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversions |  |  |  |  |  |  | 13,225 |  |  |  |  |  |  |  | 13,135 |
Net income (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | (0.05 | ) |  | $ | (0.05 | )
Class B common stock |  | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | (0.04 | ) |  | $ | (0.04 | )
Note: Common stock options that were anti-dilutive and not included in diluted earnings per common share for the second quarter of fiscal 2020 were 860.
|  | Six Months Ended |
|  | November 28, 2020 |  |  | November 30, 2019 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (458 | ) |  | $ | (458 | ) |  | $ | (465 | ) |  | $ | (465 | )
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 1,333 |  |  |  | 1,333 |  |  |  | 1,324 |  |  |  | 1,324 |
Class B common stock |  |  | 227 |  |  |  | 227 |  |  |  | 226 |  |  |  | 226 |
Undistributed losses |  | $ | (2,018 | ) |  | $ | (2,018 | ) |  | $ | (2,015 | ) |  | $ | (2,015 | )
Common stock undistributed losses |  | $ | (1,725 | ) |  | $ | (1,725 | ) |  | $ | (1,720 | ) |  | $ | (1,720 | )
Class B common stock undistributed losses |  |  | (293 | ) |  |  | (293 | ) |  |  | (295 | ) |  |  | (295 | )
Total undistributed losses |  | $ | (2,018 | ) |  | $ | (2,018 | ) |  | $ | (2,015 | ) |  | $ | (2,015 | )
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock weighted average shares |  |  | 11,090 |  |  |  | 11,090 |  |  |  | 11,014 |  |  |  | 11,014 |
Class B common stock weighted average shares and shares under if-converted method for diluted EPS |  |  | 2,097 |  |  |  | 2,097 |  |  |  | 2,097 |  |  |  | 2,097 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Dilutive stock options |  |  |  |  |  |  | — |  |  |  |  |  |  |  | — |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversions |  |  |  |  |  |  | 13,187 |  |  |  |  |  |  |  | 13,111 |
Net loss per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | (0.04 | ) |  | $ | (0.04 | ) |  | $ | (0.04 | ) |  | $ | (0.04 | )
Class B common stock |  | $ | (0.03 | ) |  | $ | (0.03 | ) |  | $ | (0.03 | ) |  | $ | (0.03 | )
Note: Common stock options that were anti-dilutive and not included in diluted earnings per common share for the first six months of fiscal 2021 and fiscal 2020 were 1,600 and 916, 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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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