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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
May 27, 2023
May 28, 2022
May 29, 2021
Net sales $ 262,658 $ 224,620 $ 176,937
Cost of sales 178,969 152,920 118,112
Gross profit 83,689 71,700 58,825
Selling, general and administrative expenses 58,713 55,723 55,925
(Gain) loss on disposal of assets (7) 20 13
Operating income 24,983 15,957 2,887
Other (income) expense:      
Investment/interest income (295) (80) (76)
Foreign exchange loss 278 273 759
Other, net (30) 5 (104)
Total other (income) expense (47) 198 579
Income before income taxes 25,030 15,759 2,308
Income tax provision (benefit) 2,697 (2,168) 653
Net income 22,333 17,927 1,655
Foreign currency translation (loss) gain, net of tax (185) (4,093) 3,403
Comprehensive income $ 22,148 $ 13,834 $ 5,058
Weighted average number of shares:      
Common shares - Diluted 12,542 11,825 11,164
Common Stock      
Net income per share:      
Common shares - Basic $ 1.62 $ 1.35 $ 0.13
Common shares - Diluted $ 1.55 $ 1.31 $ 0.13
Weighted average number of shares:      
Common shares - Basic 11,943 11,395 11,105
Common shares - Diluted 12,542 11,825 11,164
Dividends per share:      
Dividends per share $ 0.24 $ 0.24 $ 0.24
Common Class B      
Net income per share:      
Common shares - Basic 1.46 1.21 0.11
Common shares - Diluted $ 1.40 $ 1.18 $ 0.11
Weighted average number of shares:      
Common shares - Basic 2,052 2,080 2,097
Common shares - Diluted 2,052 2,080 2,097
Dividends per share:      
Dividends per share $ 0.22 $ 0.22 $ 0.22