General (Tables)

9 Months Ended

Feb. 28, 2013

General [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive loss presented in the accompanying consolidated balance sheets consists of the following, all presented net of tax:

	February 28, 2013			May 31, 2012
	(in thousands)
Unrealized loss on available for sale investments	$	(8	)	$	(8	)
Unrecognized loss on terminated interest rate swap agreement		(7	)		(58	)
Net unrecognized actuarial loss for pension obligation		(4,073	)		(4,073	)
	$	(4,088	)	$	(4,139	)

Schedule of Earnings Per Share, Basic and Diluted

The following table illustrates the computation of Common Stock and Class B Common Stock basic and diluted net earnings per share for net earnings and provides a reconciliation of the number of weighted-average basic and diluted shares outstanding:

	13 Weeks Ended February 28, 2013			13 Weeks Ended February 23, 2012		39 Weeks Ended February 28, 2013		39 Weeks Ended February 23, 2012
	(in thousands, except per share data)
Numerator:
Net earnings (loss)	$	(1,372	)	$	734	$	14,031	$	16,035
Denominator:
Denominator for basic EPS		27,254			29,172		28,105		29,331
Effect of dilutive employee stock options		20			37		19		31
Denominator for diluted EPS		27,274			29,209		28,124		29,362
Net earnings (loss) per share – basic:
Common Stock	$	(0.05	)	$	0.03	$	0.56	$	0.56
Class B Common Stock	$	(0.05	)	$	0.02	$	0.48	$	0.51
Net earnings (loss) per share – diluted:
Common Stock	$	(0.05	)	$	0.03	$	0.50	$	0.55
Class B Common Stock	$	(0.05	)	$	0.02	$	0.48	$	0.51

Schedule of Net Benefit Costs

The components of the net periodic pension cost of the Company’s unfunded nonqualified, defined-benefit plan are as follows:

	13 Weeks Ended February 28, 2013		13 Weeks Ended February 23, 2012		39 Weeks Ended February 28, 2013		39 Weeks Ended February 23, 2012
	(in thousands)
Service cost	$	178	$	157	$	534	$	471
Interest cost		274		295		824		884
Net amortization of prior service cost and actuarial loss		72		30		215		90
Net periodic pension cost	$	524	$	482	$	1,573	$	1,445