XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 30, 2020
Aug. 25, 2019
Income Statement [Abstract]    
Product sales $ 135,643 $ 138,714
Cost of product sales 119,296 123,378
Gross profit 16,347 15,336
Operating costs and expenses:    
Research and development 2,508 2,821
Selling, general and administrative 17,903 16,895
Restructuring costs 8,404 0
Total operating costs and expenses 28,815 19,716
Operating loss (12,468) (4,380)
Dividend income 281 281
Interest income 8 25
Interest expense, net (3,109) (2,075)
Other expense (income), net (21) 0
Net loss before tax (15,309) (6,149)
Income tax benefit 4,309 1,365
Net loss applicable to common stockholders (11,000) (4,784)
Net (loss) applicable to common stockholders $ (11,000) $ (4,784)
Net loss per common share:    
Net loss per common share - basic (in dollars per share) $ (0.38) $ (0.16)
Net loss per common share - diluted (in dollars per share) $ (0.38) $ (0.16)
Shares used in per share computation:    
Basic (in shares) 29,242 29,139
Diluted (in shares) 29,242 29,139
Other comprehensive income (loss), net of tax:    
Net unrealized gain (losses) on interest rate swaps (net of tax effect of $(121) and $265) $ 304 $ (612)
Other comprehensive income, net 304 (612)
Total comprehensive loss $ (10,696) $ (5,396)