Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands |
Nov. 27, 2021 |
May 29, 2021 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 39,665
|
$ 43,316
|
| Accounts receivable, less allowance of $259 and $202, respectively |
27,489
|
25,096
|
| Inventories, net |
70,741
|
63,508
|
| Prepaid expenses and other assets |
3,380
|
2,385
|
| Total current assets |
141,275
|
134,305
|
| Non-current assets: |
|
|
| Property, plant and equipment, net |
17,091
|
17,067
|
| Intangible assets, net |
2,139
|
2,270
|
| Lease ROU asset |
3,841
|
2,570
|
| Non-current deferred income taxes |
503
|
541
|
| Total non-current assets |
23,574
|
22,448
|
| Total assets |
164,849
|
156,753
|
| Current liabilities: |
|
|
| Accounts payable |
18,871
|
16,979
|
| Accrued liabilities |
15,411
|
14,182
|
| Lease liability current |
1,252
|
1,066
|
| Total current liabilities |
35,534
|
32,227
|
| Non-current liabilities: |
|
|
| Non-current deferred income tax liabilities |
235
|
242
|
| Lease liability non-current |
2,388
|
1,358
|
| Other non-current liabilities |
1,279
|
1,366
|
| Total non-current liabilities |
3,902
|
2,966
|
| Total liabilities |
39,436
|
35,193
|
| Stockholders’ Equity |
|
|
| Preferred stock, $1.00 par value, no shares issued |
|
|
| Additional paid-in-capital |
63,794
|
62,707
|
| Retained earnings |
58,476
|
53,297
|
| Accumulated other comprehensive income |
2,471
|
4,893
|
| Total stockholders’ equity |
125,413
|
121,560
|
| Total liabilities and stockholders’ equity |
164,849
|
156,753
|
| Common Stock |
|
|
| Stockholders’ Equity |
|
|
| Common stock, $0.05 par value; issued and outstanding 11,338 shares on November 27, 2021 and 11,160 shares on May 29, 2021 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares on November 27, 2021 and May 29, 2021 |
567
|
558
|
| Common Class B |
|
|
| Stockholders’ Equity |
|
|
| Common stock, $0.05 par value; issued and outstanding 11,338 shares on November 27, 2021 and 11,160 shares on May 29, 2021 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares on November 27, 2021 and May 29, 2021 |
$ 105
|
$ 105
|