| Richardson Electronics, Ltd. | |||||||||||||||
| Unaudited Consolidated Statements of Comprehensive Loss | |||||||||||||||
| (in thousands, except per share amounts) | |||||||||||||||
| Three Months Ended | Six Months Ended | ||||||||||||||
|
November 26,
2016 |
November 28,
2015 |
November 26,
2016 |
November 28,
2015 | ||||||||||||
| Statements of Comprehensive Loss | |||||||||||||||
| Net sales | $ | 33,827 | $ | 34,086 | $ | 67,200 | $ | 71,157 | |||||||
| Cost of sales | 22,863 | 23,651 | 45,996 | 49,460 | |||||||||||
| Gross profit | 10,964 | 10,435 | 21,204 | 21,697 | |||||||||||
| Selling, general, and administrative expenses | 13,368 | 13,200 | 25,695 | 25,467 | |||||||||||
| Gain on disposal of assets | — | (243 | ) | — | (244 | ) | |||||||||
| Operating loss | (2,404 | ) | (2,522 | ) | (4,491 | ) | (3,526 | ) | |||||||
| Other (income) expense: | |||||||||||||||
| Investment/interest income | (51 | ) | (111 | ) | (62 | ) | (302 | ) | |||||||
| Foreign exchange (gain) loss | (181 | ) | (339 | ) | 97 | (157 | ) | ||||||||
| Other, net | 17 | (49 | ) | 16 | (13 | ) | |||||||||
| Total other (income) expense | (215 | ) | (499 | ) | 51 | (472 | ) | ||||||||
| Loss before income taxes | (2,189 | ) | (2,023 | ) | (4,542 | ) | (3,054 | ) | |||||||
| Income tax provision | 333 | 263 | 830 | 631 | |||||||||||
| Net loss | (2,522 | ) | (2,286 | ) | (5,372 | ) | (3,685 | ) | |||||||
| Foreign currency translation loss, net of tax | (2,623 | ) | (1,649 | ) | (2,244 | ) | (2,152 | ) | |||||||
| Fair value adjustments on investments gain (loss) | 6 | 28 | 13 | (32 | ) | ||||||||||
| Comprehensive loss | $ | (5,139 | ) | $ | (3,907 | ) | $ | (7,603 | ) | $ | (5,869 | ) | |||
| Loss per share: | |||||||||||||||
| Common shares - Basic | $ | (0.20 | ) | $ | (0.18 | ) | $ | (0.43 | ) | $ | (0.28 | ) | |||
| Class B common shares - Basic | $ | (0.18 | ) | $ | (0.16 | ) | $ | (0.38 | ) | $ | (0.25 | ) | |||
| Common shares - Diluted | $ | (0.20 | ) | $ | (0.18 | ) | $ | (0.43 | ) | $ | (0.28 | ) | |||
| Class B common shares - Diluted | $ | (0.18 | ) | $ | (0.16 | ) | $ | (0.38 | ) | $ | (0.25 | ) | |||
| Weighted average number of shares: | |||||||||||||||
| Common shares - Basic | 10,703 | 10,742 | 10,703 | 11,114 | |||||||||||
| Class B common shares - Basic | 2,141 | 2,141 | 2,141 | 2,141 | |||||||||||
| Common shares - Diluted | 10,703 | 10,742 | 10,703 | 11,114 | |||||||||||
| Class B common shares - Diluted | 2,141 | 2,141 | 2,141 | 2,141 | |||||||||||
| Dividends per common share | $ | 0.060 | $ | 0.060 | $ | 0.120 | $ | 0.120 | |||||||
| Dividends per Class B common share | $ | 0.054 | $ | 0.054 | $ | 0.108 | $ | 0.108 | |||||||
