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Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Nov. 25, 2012
Nov. 27, 2011
Nov. 25, 2012
Nov. 27, 2011
Revenues:        
Product sales $ 114,091,000 $ 80,765,000 $ 215,394,000 $ 153,086,000
Services revenue, related party 563,000 805,000 1,334,000 1,785,000
Total revenues 114,654,000 81,570,000 216,728,000 154,871,000
Cost of revenue:        
Cost of product sales 95,707,000 67,894,000 183,371,000 129,163,000
Cost of services revenue 488,000 666,000 1,135,000 1,448,000
Total cost of revenue 96,195,000 68,560,000 184,506,000 130,611,000
Gross profit 18,459,000 13,010,000 32,222,000 24,260,000
Operating costs and expenses:        
Research and development 2,113,000 2,337,000 4,317,000 4,670,000
Selling, general and administrative 9,186,000 6,464,000 17,742,000 12,508,000
Change in value of contingent consideration (3,933,000)   (3,933,000)  
Total operating costs and expenses 7,366,000 8,801,000 18,126,000 17,178,000
Operating income 11,093,000 4,209,000 14,096,000 7,082,000
Dividend income 281,000 281,000 563,000 563,000
Interest income 33,000 81,000 58,000 157,000
Interest expense (498,000) (163,000) (1,039,000) (340,000)
Other income 983,000 1,079,000 5,241,000 1,088,000
Net income before taxes 11,892,000 5,487,000 18,919,000 8,550,000
Income tax expense (2,920,000) (2,049,000) (5,484,000) (3,159,000)
Consolidated net income 8,972,000 3,438,000 13,435,000 5,391,000
Non controlling interest (59,000) (98,000) (156,000) (239,000)
Net income applicable to Common Stockholders 8,913,000 3,340,000 13,279,000 5,152,000
Basic net income per share (in Dollars per share) $ 0.35 $ 0.13 $ 0.52 $ 0.20
Diluted net income per share (in Dollars per share) $ 0.34 $ 0.13 $ 0.50 $ 0.20
Basic (in Shares) 25,747 25,885 25,709 26,147
Diluted (in Shares) 26,539 26,135 26,387 26,399
Interest rate swap   106,000   52,000
Income tax expense   (40,000)   (20,000)
Other comprehensive income, net of tax   66,000   32,000
Comprehensive income attributable to Common Stockholders $ 8,913,000 $ 3,406,000 $ 13,279,000 $ 5,184,000