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Unaudited Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Nov. 26, 2022
Nov. 27, 2021
Nov. 26, 2022
Nov. 27, 2021
Net sales $ 65,905 $ 53,979 $ 133,462 $ 107,683
Cost of sales 44,054 36,322 88,584 73,729
Gross profit 21,851 17,657 44,878 33,954
Selling, general and administrative expenses 14,677 13,135 28,925 26,604
(Gain) loss on disposal of assets (25) 2 (25) 2
Operating income 7,199 4,520 15,978 7,348
Other expense (income):        
Investment/interest income (78) (8) (103) (25)
Foreign exchange loss 223 (150) 597 (123)
Other, net (13) 6 (15) 22
Total other expense (income) 132 (152) 479 (126)
Income before income taxes 7,067 4,672 15,499 7,474
Income tax provision 1,518 550 3,626 717
Net income 5,549 4,122 11,873 6,757
Foreign currency translation gain (loss), net of tax 976 (1,420) (1,339) (2,422)
Comprehensive income $ 6,525 $ 2,702 $ 10,534 $ 4,335
Weighted average number of shares:        
Common shares - Diluted 12,535 11,697 12,442 11,568
Common Stock        
Net income per share:        
Common shares - Basic $ 0.40 $ 0.31 $ 0.87 $ 0.52
Common shares - Diluted $ 0.39 $ 0.30 $ 0.83 $ 0.50
Weighted average number of shares:        
Common shares - Basic 11,918 11,270 11,816 11,232
Common shares - Diluted 12,535 11,697 12,442 11,568
Dividends per share:        
Dividends per share $ 0.060 $ 0.060 $ 0.120 $ 0.120
Common Class B        
Net income per share:        
Common shares - Basic 0.36 0.28 0.78 0.46
Common shares - Diluted $ 0.35 $ 0.27 $ 0.75 $ 0.45
Weighted average number of shares:        
Common shares - Basic 2,053 2,097 2,053 2,097
Common shares - Diluted 2,053 2,097 2,053 2,097
Dividends per share:        
Dividends per share $ 0.054 $ 0.054 $ 0.108 $ 0.108