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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Aug. 28, 2016
May 29, 2016
Current Assets:    
Cash and cash equivalents $ 8,626 $ 9,894
Accounts receivable, less allowance for doubtful accounts of $497 and $335 at August 28, 2016 and May 29, 2016, respectively 44,150 46,406
Inventories 30,182 25,535
Prepaid expenses and other current assets 4,815 4,468
Total Current Assets 87,773 86,303
Investment in non-public company, fair value 62,700 62,700
Property and equipment, net 120,720 120,880
Goodwill, net 49,620 49,620
Trademarks/tradenames, net 14,428 14,428
Customer relationships, net 6,747 6,968
Other assets 1,784 1,754
Total Assets 343,772 342,653
Current Liabilities:    
Accounts payable 31,613 30,904
Accrued compensation 4,045 5,460
Other accrued liabilities 9,139 7,772
Deferred revenue 706 832
Line of credit 3,500
Current portion of long-term debt, net 7,930 7,873
Total Current Liabilities 53,433 56,341
Long-term debt, net 44,066 45,972
Capital lease obligation, less current portion 3,787 3,804
Deferred taxes, net 23,546 22,442
Other non-current liabilities 1,989 1,744
Total Liabilities 126,821 130,303
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 27,241,273 and 27,148,096 shares issued and outstanding at August 28, 2016 and May 29, 2016, respectively 27 27
Additional paid-in capital 138,077 137,244
Retained earnings 77,192 73,457
Total Stockholders’ Equity 215,296 210,728
Non-controlling interest 1,655 1,622
Total Equity 216,951 212,350
Total Liabilities and Stockholders’ Equity $ 343,772 $ 342,653