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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
May 28, 2022
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)

13.

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (in thousands, except per share amounts):

 

Description

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

Fiscal 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

53,704

 

 

$

53,979

 

 

$

55,308

 

 

$

61,629

 

Gross profit

 

 

16,297

 

 

 

17,657

 

 

 

17,569

 

 

 

20,177

 

Net income

 

 

2,635

 

 

 

4,122

 

 

 

2,887

 

 

 

8,283

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock - basic

 

$

0.20

 

 

$

0.31

 

 

$

0.22

 

 

$

0.62

 

Class B common stock - basic

 

 

0.18

 

 

 

0.28

 

 

 

0.19

 

 

 

0.55

 

Common stock - diluted

 

 

0.20

 

 

 

0.30

 

 

 

0.21

 

 

 

0.59

 

Class B common stock - diluted

 

 

0.18

 

 

 

0.27

 

 

 

0.19

 

 

 

0.54

 

Fiscal 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

38,812

 

 

$

42,418

 

 

$

45,235

 

 

$

50,472

 

Gross profit

 

 

12,359

 

 

 

14,343

 

 

 

15,766

 

 

 

16,357

 

Net (loss) income

 

 

(1,147

)

 

 

689

 

 

 

228

 

 

 

1,885

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock - basic

 

$

(0.09

)

 

$

0.05

 

 

$

0.02

 

 

$

0.14

 

Class B common stock - basic

 

 

(0.08

)

 

 

0.05

 

 

 

0.02

 

 

 

0.13

 

Common stock - diluted

 

 

(0.09

)

 

 

0.05

 

 

 

0.02

 

 

 

0.14

 

Class B common stock - diluted

 

 

(0.08

)

 

 

0.05

 

 

 

0.02

 

 

 

0.13