Industry Segment Information

9 Months Ended

Feb. 28, 2014

Segment Reporting [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						Nine-Months Ended
	February 28,						February 28,
	2014			2013			2014			2013
Domestic Manufactured Housing		62	%		50	%		64	%		49	%
Modular Housing
Domestic		7			8			9			11
Canadian		2			2			3			3
		9			10			12			14
Total Housing		71			60			76			63
Recreational Vehicles
Domestic		21			30			20			29
Canadian		8			10			4			8
Total Recreational Vehicles		29			40			24			37
		100	%		100	%		100	%		100	%

	Three-Months Ended						Nine-Months Ended
	February 28,						February 28,
	2014			2013			2014			2013
	(Dollars in thousands)						(Dollars in thousands)
NET SALES
Domestic Manufactured Housing	$	24,038		$	18,638		$	85,537		$	63,059
Modular Housing
Domestic		2,819			2,840			12,533			14,632
Canadian		784			636			4,165			3,880
		3,603			3,476			16,698			18,512
Total Housing		27,641			22,114			102,235			81,571
Recreational Vehicles
Domestic		8,012			11,124			26,554			37,517
Canadian		3,119			3,748			5,240			9,654
Total Recreational Vehicles		11,131			14,872			31,794			47,171
Total Net Sales	$	38,772		$	36,986		$	134,029		$	128,742
LOSS BEFORE INCOME TAXES
Operating Loss
Housing	$	(3,841	)	$	(3,132	)	$	(4,931	)	$	(6,502	)
Recreational vehicles		(1,709	)		(1,721	)		(3,696	)		(3,974	)
General corporate expense		(487	)		(537	)		(1,214	)		(1,530	)
Gain on sale of idle property, plant and equipment		300			—			462			1,411
Total operating loss		(5,737	)		(5,390	)		(9,379	)		(10,595	)
Interest income		25			25			75			37
Loss before income taxes	$	(5,712	)	$	(5,365	)	$	(9,304	)	$	(10,558	)

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.