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Earnings Per Share (Tables) | 6 Months Ended
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Nov. 30, 2024
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 (loss) income was based on the following amounts (in thousands, except per share amounts):
|  | Three Months Ended |
|  | November 30, 2024 |  |  | December 2, 2023 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (751 | ) |  | $ | (751 | ) |  | $ | (1,797 | ) |  | $ | (1,797 | )
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 742 |  |  |  | 742 |  |  |  | 734 |  |  |  | 734 |
Class B common stock |  |  | 111 |  |  |  | 111 |  |  |  | 111 |  |  |  | 111 |
Undistributed loss |  | $ | (1,604 | ) |  | $ | (1,604 | ) |  | $ | (2,642 | ) |  | $ | (2,642 | )
Common stock undistributed loss |  | $ | (1,395 | ) |  | $ | (1,395 | ) |  | $ | (2,295 | ) |  | $ | (2,295 | )
Class B common stock undistributed loss |  |  | (209 | ) |  |  | (209 | ) |  |  | (347 | ) |  |  | (347 | )
Total undistributed loss |  | $ | (1,604 | ) |  | $ | (1,604 | ) |  | $ | (2,642 | ) |  | $ | (2,642 | )
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Common stock weighted average shares |  |  | 12,315 |  |  |  | 12,315 |  |  |  | 12,226 |  |  |  | 12,226 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |
Dilutive stock options |  |  |  |  |  | — |  |  |  |  |  |  | — |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversion |  |  |  |  |  | 12,315 |  |  |  |  |  |  | 12,226 |
Class B common stock weighted average shares and shares under if-converted method for diluted EPS |  |  | 2,049 |  |  |  | 2,049 |  |  |  | 2,052 |  |  |  | 2,052 |
Net loss per share: |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | (0.05 | ) |  | $ | (0.05 | ) |  | $ | (0.13 | ) |  | $ | (0.13 | )
Class B common stock |  | $ | (0.05 | ) |  | $ | (0.05 | ) |  | $ | (0.12 | ) |  | $ | (0.12 | )
Note: There were 249 common stock options that were antidilutive and not included in the diluted earnings per share in the second quarter of fiscal 2025. There were 221 common stock options that were antidilutive and not included in the diluted earnings per share for the second quarter of fiscal 2024.
|  | Six Months Ended |
|  | November 30, 2024 |  |  | December 2, 2023 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (161 | ) |  | $ | (161 | ) |  | $ | (570 | ) |  | $ | (570 | )
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 1,481 |  |  |  | 1,481 |  |  |  | 1,466 |  |  |  | 1,466 |
Class B common stock |  |  | 222 |  |  |  | 222 |  |  |  | 222 |  |  |  | 222 |
Undistributed loss |  | $ | (1,864 | ) |  | $ | (1,864 | ) |  | $ | (2,258 | ) |  | $ | (2,258 | )
Common stock undistributed loss |  | $ | (1,620 | ) |  | $ | (1,620 | ) |  | $ | (1,961 | ) |  | $ | (1,961 | )
Class B common stock undistributed loss |  |  | (244 | ) |  |  | (244 | ) |  |  | (297 | ) |  |  | (297 | )
Total undistributed loss |  | $ | (1,864 | ) |  | $ | (1,864 | ) |  | $ | (2,258 | ) |  | $ | (2,258 | )
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Common stock weighted average shares |  |  | 12,258 |  |  |  | 12,258 |  |  |  | 12,198 |  |  |  | 12,198 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |
Dilutive stock options |  |  |  |  |  | — |  |  |  |  |  |  | — |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversion |  |  |  |  |  | 12,258 |  |  |  |  |  |  | 12,198 |
Class B common stock weighted average shares and shares under if-converted method for diluted EPS |  |  | 2,049 |  |  |  | 2,049 |  |  |  | 2,052 |  |  |  | 2,052 |
Net loss per share: |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | (0.01 | ) |  | $ | (0.01 | ) |  | $ | (0.04 | ) |  | $ | (0.04 | )
Class B common stock |  | $ | (0.01 | ) |  | $ | (0.01 | ) |  | $ | (0.04 | ) |  | $ | (0.04 | )
Note: There were 241 common stock options that were antidilutive and not included in the diluted earnings per share for the first six months of fiscal 2025. There were 297 common stock options that were antidilutive and not included in the diluted earnings per share for first six months of fiscal 2024.

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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