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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 24, 2019
May 27, 2018
Current Assets:    
Cash and cash equivalents $ 1,722 $ 2,899
Accounts receivable, less allowance for doubtful accounts 60,390 53,877
Inventories 44,227 31,819
Prepaid expenses and other current assets 7,994 7,958
Other current assets, discontinued operations 0 510
Total Current Assets 114,333 97,063
Investment in non-public company, fair value 68,100 66,500
Property and equipment, net 191,892 159,624
Goodwill 75,739 54,510
Trademarks/tradenames, net 31,928 16,028
Customer relationships, net 15,821 5,814
Other assets 3,770 5,164
Total Assets 501,583 404,703
Current Liabilities:    
Accounts payable 46,431 34,668
Accrued compensation 7,029 9,978
Other accrued liabilities 10,406 8,706
Deferred revenue 1,286 2,625
Line of credit 44,000 27,000
Current portion of long-term debt 9,791 4,940
Other current liabilities, discontinued operations 0 458
Total Current Liabilities 118,943 88,375
Long-term debt, net 89,637 37,360
Capital lease obligation, less current portion 3,562 3,641
Deferred taxes, net 17,395 17,485
Other non-current liabilities 1,982 5,280
Total Liabilities 231,519 152,141
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 29,006 and 27,702 shares issued and outstanding at February 24, 2019 and May 27, 2018, respectively 29 28
Additional paid-in capital 159,524 142,087
Retained earnings 109,971 109,299
Accumulated other comprehensive income 540 1,148
Total Stockholders’ Equity 270,064 252,562
Total Liabilities and Stockholders’ Equity $ 501,583 $ 404,703