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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Aug. 30, 2015
May. 31, 2015
Current Assets:    
Cash and cash equivalents $ 7,103 $ 14,127
Accounts receivable, less allowance for doubtful accounts of $423 and $382 at August 30, 2015 and May 31, 2015, respectively 44,520 46,479
Income taxes receivable 134 152
Inventories, net 28,423 25,027
Deferred taxes 2,038 2,111
Prepaid expenses and other current assets 5,128 5,306
Total Current Assets 87,346 93,202
Investment in non-public company, fair value 62,300 61,500
Property and equipment, net 85,954 84,465
Goodwill, net 49,620 49,620
Trademarks/tradenames, net 48,428 48,428
Customer relationships, net 7,632 7,835
Other assets 1,305 1,415
Total Assets 342,585 346,465
Current Liabilities:    
Accounts payable 31,946 35,009
Income taxes payable 104 1,229
Accrued compensation 3,913 6,742
Other accrued liabilities 4,851 3,983
Deferred revenue 854 843
Current portion of long-term debt 7,650 8,353
Total Current Liabilities 49,318 56,159
Long-term portion 32,953 34,166
Deferred taxes 34,776 34,340
Other non-current liabilities 1,529 1,691
Total Liabilities 118,576 126,356
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 27,015,022 and 26,990,490 shares issued and outstanding at August 30, 2015 and May 31, 2015, respectively 27 27
Additional paid-in capital 134,219 133,307
Retained earnings 88,050 85,098
Total Stockholders’ Equity 222,296 218,432
Non-controlling interest 1,713 1,677
Total Equity 224,009 220,109
Total Liabilities and Stockholders’ Equity $ 342,585 $ 346,465