XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Unaudited Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 02, 2024
Feb. 25, 2023
Mar. 02, 2024
Feb. 25, 2023
Net sales $ 52,375 $ 70,364 $ 149,086 $ 203,826
Cost of sales 36,939 47,959 103,844 136,543
Gross profit 15,436 22,405 45,242 67,283
Selling, general and administrative expenses 14,430 14,779 44,710 43,704
Loss (gain) on disposal of assets 0 13 70 (12)
Operating income 1,006 7,613 462 23,591
Other expense (income):        
Investment/interest income (67) (76) (224) (179)
Foreign exchange loss (gain) 101 (292) 347 305
Other, net (7) (14) 43 (29)
Total other expense (income) 27 (382) 166 97
Income before income taxes 979 7,995 296 23,494
Income tax provision 229 1,655 116 5,281
Net income 750 6,340 180 18,213
Foreign currency translation (loss) gain, net of tax (205) 629 385 (710)
Comprehensive income $ 545 $ 6,969 $ 565 $ 17,503
Weighted average number of shares:        
Common shares - Diluted 12,445 12,666 12,480 12,524
Common Stock        
Net income per share:        
Common shares - Basic $ 0.05 $ 0.46 $ 0.01 $ 1.33
Common shares - Diluted $ 0.05 $ 0.44 $ 0.01 $ 1.27
Weighted average number of shares:        
Common shares - Basic 12,227 12,047 12,208 11,893
Common shares - Diluted 12,445 12,666 12,480 12,524
Dividends per share:        
Dividends per share $ 0.06 $ 0.06 $ 0.18 $ 0.18
Common Class B        
Net income per share:        
Common shares - Basic 0.05 0.41 0.01 1.19
Common shares - Diluted $ 0.05 $ 0.4 $ 0.01 $ 1.15
Weighted average number of shares:        
Common shares - Basic 2,052 2,052 2,052 2,053
Common shares - Diluted 2,052 2,052 2,052 2,053
Dividends per share:        
Dividends per share $ 0.054 $ 0.054 $ 0.162 $ 0.162