Discontinued Operations

6 Months Ended

Nov. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

NOTE 2 Discontinued Operations

During September 2014, the Corporation made a strategic decision to exit the recreational vehicle industry in order to focus on its core housing business. As a result, on October 7, 2014, the Corporation completed the sale of certain assets associated with its recreational vehicle segment to Evergreen Recreational Vehicles, LLC.

The following table summarizes the results of discontinued operations:

	Three-Months Ended					Six-Months Ended
	November 30,					November 30,
	2016		2015			2016		2015
	(Unaudited)					(Unaudited)
	(Dollars in thousands)					(Dollars in thousands)
Net Sales	$	—	$	45		$	—	$	66
Operating (loss) income of discontinued operations	$	—	$	(42	)	$	—	$	19
(Loss) income before income taxes		—		(42	)		—		19
Income tax expense		—		—			—		—
(Loss) income from discontinued operations, net of taxes	$	—	$	(42	)	$	—	$	19