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SEGMENT REPORTING (Tables)
12 Months Ended
May 31, 2014
Summarized operating results by segment
Operating results by segment are summarized in the following table (in thousands):
 
Fiscal Year Ended
 
May 31,   2014
 
June 1,   2013
 
June 2,   2012
EDG
 
 
 
 
 
Net Sales
$
103,274

 
$
102,593

 
$
112,586

Gross Profit
31,610

 
31,431

 
34,626

Canvys
 
 
 
 
 
Net Sales
$
34,686

 
$
38,473

 
$
45,250

Gross Profit
9,404

 
10,114

 
12,155

Reconciliation of Assets from Segment to Consolidated [Table Text Block]
A reconciliation of assets to the relevant consolidated amount is as follows (in thousands):
 
May 31,   2014
 
June 1,   2013
Segment assets
$
52,790

 
$
53,253

Cash
102,752

 
102,002

Investments - current
31,732

 
38,971

Other current assets (1)
5,790

 
10,857

Net property
7,223

 
5,073

Investments - non-current
1,516

 
5,461

Other assets - non-current deferred income taxes
1,724

 
1,398

Assets of discontinued operations (2)
18

 
303

Total assets
$
203,545

 
$
217,318


(1)
Other current assets include miscellaneous receivables, prepaid expenses, and current deferred income taxes.
(2)
See Note 4 “Discontinued Operations”.
Net Sales and Gross Profit by Geographic Region
Net sales and gross profit by geographic region are summarized in the following table (in thousands):
 
Fiscal Year Ended
 
May 31,   2014
 
June 1,   2013
 
June 2,   2012
Net Sales
 
 
 
 
 
North America
$
57,137

 
$
62,269

 
$
68,980

Asia/Pacific
24,069

 
22,732

 
25,588

Europe
47,610

 
45,663

 
48,998

Latin America
8,936

 
9,447

 
9,870

Other
208

 
955

 
4,400

Total
$
137,960

 
$
141,066

 
$
157,836

Gross Profit
 
 
 
 
 
North America
$
18,905

 
$
20,963

 
$
22,380

Asia/Pacific
7,849

 
7,805

 
9,068

Europe
15,506

 
14,248

 
15,107

Latin America
3,231

 
3,296

 
3,712

Other
(4,477
)
 
(4,767
)
 
(3,486
)
Total
$
41,014

 
$
41,545

 
$
46,781

Net Assets by Geographic Region [Table Text Block]
Net assets by geographic region are summarized in the following table (in thousands):
 
Fiscal Year Ended
 
May 31, 
 2014
 
June 1, 
 2013
 
June 2, 
 2012
Net Assets
 
 
 
 
 
North America
$
89,549

 
$
107,976

 
$
121,475

Asia/Pacific
45,334

 
43,604

 
47,123

Europe
38,407

 
36,373

 
33,843

Latin America
2,202

 
2,256

 
1,571

Total
$
175,492

 
$
190,209

 
$
204,012