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DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Nov. 30, 2013
Summary financial results
Summary financial results for the three and six months ended November 30, 2013, and December 1, 2012, are presented in the following table (in thousands):

Three Months Ended
 
Six Months Ended

November 30, 2013
 
December 1, 2012
 
November 30, 2013
 
December 1, 2012
Net sales
$
178

 
$
278

 
$
264

 
$
499

Gross profit (loss) (1)
(55
)
 
(128
)
 
(103
)
 
(221
)
Selling, general, and administrative expenses
117

 
201

 
149

 
266

Other expense

 
1

 
1

 
1

Income tax benefit
(65
)
 
(127
)
 
(135
)
 
(198
)
Loss from discontinued operations, net of tax
$
(107
)
 
$
(203
)
 
$
(118
)
 
$
(290
)

Notes:
(1) Gross profit (loss) for fiscal year 2014 and 2013 includes unabsorbed manufacturing labor and overhead expenses related to the Manufacturing Agreement with RFPD which ends March 1, 2014.
Assets and liabilities classified as discontinued operations
Assets and liabilities classified as discontinued operations on our consolidated balance sheets as of November 30, 2013, and June 1, 2013, include the following (in thousands):

November 30, 2013
 
June 1, 2013
Inventories
$
356

 
$
303

Discontinued operations - Assets
$
356

 
$
303

 
 
 
 
Accrued liabilities - current
$

 
$
245

Discontinued operations - Liabilities
$

 
$
245