Industry Segment Information

6 Months Ended

Nov. 30, 2011

Industry Segment Information [Abstract]

Industry Segment Information

NOTE 7 Industry Segment Information

The Corporation designs, produces and markets manufactured housing, modular housing and recreational vehicles (travel trailers, fifth wheels and park models). Manufactured housing represents homes built according to a national building code; modular housing represents homes built to a local building code. The percentage allocation of manufactured housing, modular housing and recreational vehicle net sales is:

	Three-Months Ended						Six-Months Ended
	November 30,						November 30,
	2011			2010			2011			2010
Housing
Manufactured Housing
Domestic		55	%		59	%		51	%		57	%
Canadian		—			—			—			1
		55			59			51			58
Modular Housing
Domestic		10			7			9			8
Canadian		6			1			4			1
		16			8			13			9
Total Housing		71			67			64			67
Recreational Vehicles
Domestic		25			25			29			25
Canadian		4			8			7			8
Total Recreational Vehicles		29			33			36			33
		100	%		100	%		100	%		100	%

	Three-Months Ended						Six-Months Ended
	November 30,						November 30,
	2011			2010			2011			2010
	(Dollars in thousands)						(Dollars in thousands)
NET SALES
Housing
Manufactured Housing
Domestic	$	25,117		$	21,427		$	48,793		$	47,100
Canadian		—			96			—			582
		25,117			21,523			48,793			47,682
Modular Housing
Domestic		4,541			2,656			8,754			6,533
Canadian		2,502			378			3,756			971
		7,043			3,034			12,510			7,504
Total Housing		32,160			24,557			61,303			55,186
Recreational Vehicles
Domestic		11,437			9,129			27,599			20,430
Canadian		1,699			2,935			6,678			6,832
Total Recreational Vehicles		13,136			12,064			34,277			27,262
Total Net Sales	$	45,296		$	36,621		$	95,580		$	82,448
LOSS BEFORE INCOME TAXES
Operating Loss
Housing	$	(3,400	)	$	(5,118	)	$	(7,806	)	$	(8,946	)
Recreational vehicles		(1,865	)		(2,092	)		(3,740	)		(3,725	)
General corporate expense		(661	)		(564	)		(1,232	)		(1,186	)
Gain on sale of idle property, plant and equipment		2,500			—			2,500			—
Total operating loss		(3,426	)		(7,774	)		(10,278	)		(13,857	)
Interest income		4			18			11			36
Loss before income taxes	$	(3,422	)	$	(7,756	)	$	(10,267	)	$	(13,821	)

Total operating loss represents operating losses before interest income and benefit from income taxes with non-traceable operating expenses being allocated to industry segments based on percentages of sales. General corporate expenses are not allocated to the industry segments.