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Net Gain on Sale of Property, Plant and Equipment
6 Months Ended
Dec. 03, 2017
Property, Plant and Equipment [Abstract]  
Net Gain on Sale of Property, Plant and Equipment

NOTE 11 Net Gain on Sale of Property, Plant and Equipment

On November 22, 2017, the Corporation sold a non-income producing parcel of land located in McMinnville, Oregon. Proceeds of $1,231,000 were received, and a gain of $762,000 was recognized in the second quarter.

Likewise, on August 31, 2017, the Corporation sold a non-income producing parcel of land located in Elkhart, Indiana. Proceeds of $420,000 were received, and a loss of $60,000 was recognized in the first quarter.