|
Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified
|
Mar. 03, 2015
|
Jun. 03, 2014
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 61,221 |
$ 51,326 |
| Accounts receivable |
4,850 |
4,861 |
| Inventories: |
|
|
| Merchandise |
15,002 |
12,924 |
| China, silver and supplies |
7,942 |
8,250 |
| Income tax receivable |
2,366 |
2,133 |
| Deferred income taxes |
361 |
3,397 |
| Prepaid rent and other expenses |
12,808 |
12,216 |
| Assets held for sale |
5,067 |
4,683 |
| Total current assets |
109,617 |
99,790 |
| Property and equipment, net |
761,800 |
794,846 |
| Other assets |
58,470 |
61,791 |
| Total assets |
929,887 |
956,427 |
| Current liabilities: |
|
|
| Accounts payable |
20,836 |
26,201 |
| Accrued liabilities: |
|
|
| Taxes, other than income and payroll |
9,878 |
11,221 |
| Payroll and related costs |
17,729 |
22,637 |
| Insurance |
7,729 |
5,962 |
| Deferred revenue - gift cards |
19,276 |
16,584 |
| Rent and other |
24,872 |
26,402 |
| Current portion of long-term debt, including capital leases |
4,558 |
4,816 |
| Total current liabilities |
104,878 |
113,823 |
| Long-term debt and capital leases, less current maturities |
246,751 |
253,875 |
| Deferred income taxes |
2,770 |
3,500 |
| Deferred escalating minimum rent |
50,126 |
48,827 |
| Other deferred liabilities |
64,464 |
75,193 |
| Total liabilities |
468,989 |
495,218 |
| Commitments and contingencies (Note N) |
|
|
| Shareholders’ equity: |
|
|
| Common stock, $0.01 par value; (authorized: 100,000 shares; issued and outstanding: 62,075 shares at 3/03/15; 61,442 shares at 6/03/14) |
621 |
614 |
| Capital in excess of par value |
82,038 |
76,269 |
| Retained earnings |
387,749 |
395,226 |
| Deferred compensation liability payable in Company stock |
460 |
622 |
| Company stock held by Deferred Compensation Plan |
(460) |
(622) |
| Accumulated other comprehensive loss |
(9,510) |
(10,900) |
| Total shareholders’ equity |
460,898 |
461,209 |
| Total liabilities & shareholders’ equity |
$ 929,887 |
$ 956,427 |