Industry Segment Information

6 Months Ended

Nov. 30, 2012

Industry Segment Information [Abstract]

Industry Segment Information

NOTE 9 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,
	2012			2011			2012			2011
Domestic Manufactured Housing		51	%		55	%		48	%		51	%
Modular Housing
Domestic		14			10			13			9
Canadian		3			6			4			4
		17			16			17			13
Total Housing		68			71			65			64
Recreational Vehicles
Domestic		25			25			29			29
Canadian		7			4			6			7
Total Recreational Vehicles		32			29			35			36
		100	%		100	%		100	%		100	%

	Three-Months Ended						Six-Months Ended
	November 30,						November 30,
	2012			2011			2012			2011
	(Dollars in thousands)						(Dollars in thousands)
NET SALES
Domestic Manufactured Housing	$	21,288		$	25,117		$	44,421		$	48,793
Modular Housing
Domestic		5,755			4,541			11,792			8,754
Canadian		1,502			2,502			3,244			3,756
		7,257			7,043			15,036			12,510
Total Housing		28,545			32,160			59,457			61,303
Recreational Vehicles
Domestic		10,460			11,437			26,393			27,599
Canadian		2,831			1,699			5,906			6,678
Total Recreational Vehicles		13,291			13,136			32,299			34,277
Total Net Sales	$	41,836		$	45,296		$	91,756		$	95,580
LOSS BEFORE INCOME TAXES
Operating Loss
Housing	$	(1,733	)	$	(3,400	)	$	(3,370	)	$	(7,806	)
Recreational vehicles		(929	)		(1,865	)		(2,253	)		(3,740	)
General corporate expense		(483	)		(661	)		(993	)		(1,232	)
Gain on sale of idle property, plant and equipment		1,411			2,500			1,411			2,500
Total operating loss		(1,734	)		(3,426	)		(5,205	)		(10,278	)
Interest income		9			4			12			11
Loss before income taxes	$	(1,725	)	$	(3,422	)	$	(5,193	)	$	(10,267	)

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.