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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Feb. 25, 2018
May 28, 2017
Current Assets:    
Cash and cash equivalents $ 7,650 $ 5,409
Accounts receivable, less allowance for doubtful accounts 50,438 47,083
Inventories 28,749 25,290
Prepaid expenses and other current assets 7,614 3,498
Total Current Assets 94,451 81,280
Investment in non-public company, fair value 65,800 63,600
Property and equipment, net 143,362 133,220
Goodwill 54,779 54,779
Trademarks/tradenames, net 16,028 16,028
Customer relationships, net 6,052 6,783
Other assets 5,364 2,918
Total Assets 385,836 358,608
Current Liabilities:    
Accounts payable 35,240 25,868
Accrued compensation 6,732 8,211
Other accrued liabilities 10,369 9,125
Deferred revenue 1,906 310
Line of credit 12,000 3,000
Current portion of long-term debt 4,940 4,940
Total Current Liabilities 71,187 51,454
Long-term debt, net 38,595 42,299
Capital lease obligation, less current portion 3,665 3,731
Deferred taxes, net 15,822 24,581
Other non-current liabilities 6,417 8,391
Total Liabilities 135,686 130,456
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 27,555 and 27,499 shares issued and outstanding at February 25, 2018 and May 28, 2017, respectively 28 27
Additional paid-in capital 144,498 141,680
Retained earnings 103,191 84,470
Accumulated other comprehensive income 915 432
Total Stockholders’ Equity 248,632 226,609
Non-controlling interest 1,518 1,543
Total Equity 250,150 228,152
Total Liabilities and Stockholders’ Equity $ 385,836 $ 358,608