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Earnings Per Share (Tables)
9 Months Ended
Feb. 28, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands, except per share amounts):

 

     Three-Months Ended      Nine-Months Ended  
     February 28,
2017
     February 29,
2016
     February 28,
2017
     February 29,
2016
 
     (Unaudited)      (Unaudited)  

Net (loss) income

   $ (2,447    $ (520    $ (2,298    $ 352  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average share outstanding:

           

Basic

     8,391,244        8,391,244        8,391,244        8,391,244  

Common stock equivalents - treasury stock method

     —          —          —          —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

     8,391,244        8,391,244        8,391,244        8,391,244  

Net (loss) income per share:

           

Basic

   $ (.29    $ (.06    $ (.27    $ .04  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ (.29    $ (.06    $ (.27    $ .04