DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Aug. 31, 2013

Summary financial results for the three months ended August 31, 2013, and September 1, 2012, are presented in the following table (in thousands):



	Three Months Ended
	August 31, 2013			September 1, 2012
Net sales	$	86		$	221
Gross profit (loss) (1)	(49		)	(93		)
Selling, general, and administrative expenses (2)	32			65
Income tax provision (benefit)	(70		)	(71		)
Loss from discontinued operations, net of tax	$	(11	)	$	(87	)

Notes:

(1) Gross profit (loss) for fiscal year 2014 and 2013 includes unabsorbed manufacturing labor and overhead expenses related to the Manufacturing Agreement with RFPD.

(2) Selling, General, and Administrative expenses relates primarily to tax audits resulting from the Transaction.

Assets and liabilities classified as discontinued operations

Assets and liabilities classified as discontinued operations on our consolidated balance sheets as of August 31, 2013, and June 1, 2013, include the following (in thousands):



	August 31, 2013		June 1, 2013
Inventories	$	338	$	303
Discontinued operations - Assets	$	338	$	303

Accrued liabilities - current (1)	$	541	$	245
Discontinued operations - Liabilities	$	541	$	245

(1) Included in accrued liabilities as of August 31, 2013, is $0.5 million of other accrued liabilities primarily related to transition services.