XML 16 R5.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 01, 2019
May 26, 2018
Operating activities:    
Net income $ 1,053,000 $ 3,376,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 6,735,000 6,688,000
Gain on sale of property and equipment (3,000) (136,000)
Deferred income taxes 23,000 2,183,000
Other, net (276,000) 1,243,000
Changes in operating assets and liabilities:    
Accounts receivable (1,824,000) 124,000
Inventories (3,355,000) (3,689,000)
Other current assets (3,274,000) (2,311,000)
Customer deposits (2,247,000) (5,014,000)
Accounts payable and other liabilities (5,774,000) (2,185,000)
Net cash provided by (used in) operating activities (8,942,000) 279,000
Investing activities:    
Purchases of property and equipment (8,313,000) (7,662,000)
Proceeds from sales of property and equipment 11,000 2,463,000
Other 343,000 (527,000)
Net cash used in investing activities (7,959,000) (21,282,000)
Financing activities:    
Cash dividends (2,603,000) (6,124,000)
Proceeds from the exercise of stock options 25,000 27,000
Other issuance of common stock 159,000 173,000
Repurchases of common stock (2,347,000) (823,000)
Taxes paid related to net share settlement of equity awards 0 (522,000)
Repayments of notes payable (220,000) (3,128,000)
Net cash used in financing activities (4,986,000) (10,397,000)
Change in cash and cash equivalents (21,887,000) (31,400,000)
Cash and cash equivalents - beginning of period 33,468,000 53,949,000
Cash and cash equivalents - end of period 11,581,000 22,549,000
Acquisition of Lane Venture [Member]    
Investing activities:    
Cash paid for business acquisition $ 0 $ (15,556,000)