Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Nov. 29, 2016
May 31, 2016
Current assets:    
Cash and cash equivalents $ 38,565 $ 67,341
Accounts and other receivables 7,018 12,827
Inventories:    
Merchandise 14,692 13,799
China, silver and supplies 6,565 7,796
Income tax receivable 5,213 3,003
Prepaid rent and other expenses 9,628 11,508
Assets held for sale 26,728 4,642
Total current assets 108,409 120,916
Property and equipment, net 617,433 671,250
Other assets 43,493 45,751
Total assets 769,335 837,917
Current liabilities:    
Accounts payable 23,468 22,141
Accrued liabilities:    
Taxes, other than income and payroll 9,488 10,769
Employee-related Liabilities, Current 16,194 14,561
Insurance 5,427 5,109
Rent and other 36,476 18,838
Deferred revenue – gift cards 14,780 16,354
Less current maturities 13,629 9,934
Total current liabilities 119,462 97,706
Long-term debt and capital leases, less current maturities 209,609 213,803
Deferred escalating minimum rent 43,157 51,535
Other deferred liabilities 63,799 67,093
Total liabilities 436,027 430,137
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Common stock, $0.01 par value; (authorized: 100,000 shares; issued and outstanding: 2017 – 60,575 shares, 2016 – 60,137 shares) 606 601
Capital in excess of par value 78,398 75,938
Retained earnings 263,702 341,350
Deferred compensation liability payable in Company stock 475 521
Company stock held by Deferred Compensation Plan (475) (521)
Accumulated other comprehensive loss (9,398) (10,109)
Total shareholders' equity 333,308 407,780
Total liabilities and shareholders' equity $ 769,335 $ 837,917