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Audited Consolidated Statements of Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 01, 2019
Jun. 02, 2018
May 27, 2017
Net sales $ 166,652 $ 163,212 $ 136,872
Cost of sales 114,917 108,130 92,989
Gross profit 51,735 55,082 43,883
Selling, general and administrative expenses 52,156 51,729 49,854
Impairment of goodwill 6,332    
Gain on disposal of business     (209)
Loss (gain) on disposal of assets 23 (276)  
Operating (loss) income (6,776) 3,629 (5,762)
Other (income) expense:      
Investment/interest income (540) (432) (234)
Foreign exchange loss 84 224 612
Other, net (9) (23) (24)
Total other (income) expense (465) (231) 354
(Loss) income from continuing operations before income taxes (6,311) 3,860 (6,116)
Income tax provision 1,017 1,534 812
(Loss) income from continuing operations (7,328) 2,326 (6,928)
Income from discontinued operations   1,496  
Net (loss) income (7,328) 3,822 (6,928)
Foreign currency translation (loss) gain, net of tax (1,976) 1,580 90
Fair value adjustments on investments (loss) gain   (130) 54
Comprehensive (loss) income $ (9,304) $ 5,272 $ (6,784)
Common Class B      
Net (loss) income per Common share - Basic:      
(Loss) income from continuing operations $ (0.51) $ 0.16 $ (0.49)
Income from discontinued operations   0.11  
Total net (loss) income per Common share - Basic: (0.51) 0.27 (0.49)
Net (loss) income per Common share - Diluted:      
(Loss) income from continuing operations (0.51) 0.16 (0.49)
Income from discontinued operations   0.11  
Total (loss) income per Common share - Diluted: $ (0.51) $ 0.27 $ (0.49)
Weighted average number of shares:      
Common shares - Basic 2,106 2,137 2,140
Common shares - Diluted 2,106 2,137 2,140
Dividends per share $ 0.220 $ 0.220 $ 0.220
Common Stock      
Net (loss) income per Common share - Basic:      
(Loss) income from continuing operations (0.57) 0.18 (0.55)
Income from discontinued operations   0.12  
Total net (loss) income per Common share - Basic: (0.57) 0.30 (0.55)
Net (loss) income per Common share - Diluted:      
(Loss) income from continuing operations (0.57) 0.18 (0.55)
Income from discontinued operations   0.12  
Total (loss) income per Common share - Diluted: $ (0.57) $ 0.30 $ (0.55)
Weighted average number of shares:      
Common shares - Basic 10,923 10,765 10,705
Common shares - Diluted 10,923 10,824 10,705
Dividends per share $ 0.240 $ 0.240 $ 0.240