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Audited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 01, 2019
Jun. 02, 2018
May 27, 2017
Operating activities:      
Net (loss) income $ (7,328) $ 3,822 $ (6,928)
Adjustments to reconcile net (loss) income to cash (used in) provided by operating activities:      
Depreciation and amortization 3,173 2,993 2,740
Inventory provisions 1,076 773 456
Gain on sale of investments   (183) (6)
Gain on disposal of business     (209)
Loss (gain) on disposal of assets 23 (276)  
Share-based compensation expense 697 533 437
Deferred income taxes 315 319 (55)
Impairment of goodwill 6,332    
Change in assets and liabilities:      
Accounts receivable (2,030) (1,764) 4,167
Income tax receivable     17
Inventories (4,242) (8,247) 2,408
Prepaid expenses and other assets 622 (627) (1,318)
Accounts payable (2,424) 3,457 1,037
Accrued liabilities 1,097 1,906 (699)
Long-term liabilities-accrued pension     (249)
Other 126 246 11
Net cash (used in) provided by operating activities (2,563) 2,952 1,809
Investing activities:      
Capital expenditures (3,874) (5,239) (5,221)
Proceeds from sale of assets   374  
Proceeds from maturity of investments 9,800 12,315 3,582
Purchases of investments (17,800) (3,943) (2,136)
Proceeds from sales of available-for-sale securities   913 306
Purchases of available-for-sale securities   (265) (306)
Other   (3) (12)
Net cash (used in) provided by investing activities (11,874) 4,152 (3,787)
Financing activities:      
Proceeds from issuance of common stock 259 97 30
Cash dividends paid (3,076) (3,048) (3,031)
Net cash used in financing activities (2,817) (2,951) (3,001)
Effect of exchange rate changes on cash and cash equivalents (1,192) 985 (148)
(Decrease) increase in cash and cash equivalents (18,446) 5,138 (5,127)
Cash and cash equivalents at beginning of period 60,465 55,327 60,454
Cash and cash equivalents at end of period 42,019 60,465 55,327
Cash paid during the fiscal year for:      
Income taxes $ 290 $ 474 $ 362