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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Aug. 31, 2011
May 31, 2011
ASSETS  
Cash and cash equivalents$ 3,892$ 4,020[1]
Accounts receivable, net of allowances for doubtful accounts of $39 and $23 at August 31 2011 and May 31, 2011, respectively2,6331,432[1]
Inventories, net5,1694,958[1]
Prepaid expenses and other247161[1]
Total current assets11,94110,571[1]
Property and equipment, net827954[1]
Other assets178558[1]
Total assets12,94612,083[1]
LIABILITIES AND SHAREHOLDERS' EQUITY  
Accounts payable1,473885[1]
Accrued expenses1,4511,434[1]
Deferred revenue209221[1]
Total current liabilities3,1332,540[1]
Income tax payable165204[1]
Deferred lease commitment224238[1]
Total liabilities3,5222,982[1]
Shareholders' equity:  
Common stock, $0.01 par value: Issued and outstanding: 8,932 shares at August 31, 2011 and May 31, 20118989[1]
Additional paid-in capital47,91247,747[1]
Accumulated other comprehensive income2,6272,593[1]
Accumulated deficit(41,204)(41,328)[1]
Total shareholders' equity9,4249,101[1]
Total liabilities and shareholders' equity$ 12,946$ 12,083[1]
[1]The condensed consolidated balance sheet at May 31, 2011 has been derived from the audited consolidated financial statements at that date.