| Richardson Electronics, Ltd. | ||||||||||||||||
| Unaudited Consolidated Statements of Comprehensive (Loss) Income | ||||||||||||||||
| (in thousands, except per share amounts) | ||||||||||||||||
| Three Months Ended | Six Months Ended | |||||||||||||||
| December 2, 2023 | November 26, 2022 | December 2, 2023 | November 26, 2022 | |||||||||||||
| Net sales | $ | 44,130 | $ | 65,905 | $ | 96,711 | $ | 133,462 | ||||||||
| Cost of sales | 31,588 | 44,054 | 66,905 | 88,584 | ||||||||||||
| Gross profit | 12,542 | 21,851 | 29,806 | 44,878 | ||||||||||||
| Selling, general and administrative expenses | 14,488 | 14,677 | 30,280 | 28,925 | ||||||||||||
| Loss (gain) on disposal of assets | 70 | (25 | ) | 70 | (25 | ) | ||||||||||
| Operating (loss) income | (2,016 | ) | 7,199 | (544 | ) | 15,978 | ||||||||||
| Other expense (income): | ||||||||||||||||
| Investment/interest income | (86 | ) | (78 | ) | (157 | ) | (103 | ) | ||||||||
| Foreign exchange loss | 343 | 223 | 246 | 597 | ||||||||||||
| Other, net | 18 | (13 | ) | 50 | (15 | ) | ||||||||||
| Total other expense | 275 | 132 | 139 | 479 | ||||||||||||
| (Loss) income before income taxes | (2,291 | ) | 7,067 | (683 | ) | 15,499 | ||||||||||
| Income tax (benefit) provision | (494 | ) | 1,518 | (113 | ) | 3,626 | ||||||||||
| Net (loss) income | (1,797 | ) | 5,549 | (570 | ) | 11,873 | ||||||||||
| Foreign currency translation gain (loss), net of tax | 631 | 976 | 590 | (1,339 | ) | |||||||||||
| Comprehensive (loss) income | $ | (1,166 | ) | $ | 6,525 | $ | 20 | $ | 10,534 | |||||||
| Net (loss) income per share: | ||||||||||||||||
| Common shares - Basic | $ | (0.13 | ) | $ | 0.40 | $ | (0.04 | ) | $ | 0.87 | ||||||
| Class B common shares - Basic | (0.12 | ) | 0.36 | (0.04 | ) | 0.78 | ||||||||||
| Common shares - Diluted | (0.13 | ) | 0.39 | (0.04 | ) | 0.83 | ||||||||||
| Class B common shares - Diluted | (0.12 | ) | 0.35 | (0.04 | ) | 0.75 | ||||||||||
| Weighted average number of shares: | ||||||||||||||||
| Common shares – Basic | 12,226 | 11,918 | 12,198 | 11,816 | ||||||||||||
| Class B common shares – Basic | 2,052 | 2,053 | 2,052 | 2,053 | ||||||||||||
| Common shares – Diluted | 12,226 | 12,535 | 12,198 | 12,442 | ||||||||||||
| Class B common shares – Diluted | 2,052 | 2,053 | 2,052 | 2,053 | ||||||||||||
| Dividends per share: | ||||||||||||||||
| Common share | $ | 0.060 | $ | 0.060 | $ | 0.120 | $ | 0.120 | ||||||||
| Class B common share | 0.054 | 0.054 | 0.108 | 0.108 | ||||||||||||
