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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Nov. 28, 2020
May 30, 2020
Current assets:    
Cash and cash equivalents $ 47,308 $ 78,130
Investment securities available-for-sale 124,621 154,163
Trade and other receivables, net 117,278 98,375
Inventories 199,262 187,216
Prepaid expenses and other current assets 5,311 4,367
Total current assets 493,780 522,251
Property, plant & equipment, net 581,744 557,375
Finance lease right-of-use asset, net 601 678
Operating lease right-of-use asset, net 2,124 2,531
Investments in unconsolidated entities 58,345 60,982
Goodwill 35,525 35,525
Intangible assets, net 22,950 22,816
Other long-term assets 5,286 4,536
Total Assets 1,200,355 1,206,694
Current liabilities:    
Accounts payable and accrued expenses 93,143 92,182
Current portion of finance lease obligation 210 205
Current portion of operating lease obligation 765 796
Total current liabilities 94,118 93,183
Long-term finance lease obligation 546 652
Long-term operating lease obligation 1,359 1,735
Other noncurrent liabilities 9,195 8,681
Deferred income taxes 90,427 92,768
Total liabilities 195,645 197,019
Commitments and contingencies - see Note 11
Stockholders’ equity:    
Paid-in capital 62,206 60,372
Retained earnings 968,325 975,147
Accumulated other comprehensive income, net of tax 151 79
Common stock in treasury at cost – 26,293 shares at November 28, 2020 and 26,287 shares at May 30, 2020 (26,723) (26,674)
Total stockholders’ equity 1,004,710 1,009,675
Total Liabilities and Stockholders’ Equity $ 1,200,355 $ 1,206,694
Common Stock    
Current liabilities:    
Common stock, par value per share (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 120,000 70,261
Stockholders’ equity:    
Common stock $ 703 $ 703
Class A Common Stock    
Current liabilities:    
Common stock, par value per share (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 4,800 4,800
Common stock, shares issued (in shares) 4,800 4,800
Stockholders’ equity:    
Common stock $ 48 $ 48