XML 24 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2019
Sep. 01, 2018
Operating activities:    
Net income $ 157 $ 431
Adjustments to reconcile net income to cash used in operating activities:    
Depreciation and amortization 833 764
Inventory provisions 161 215
Loss on disposal of assets 1  
Share-based compensation expense 188 165
Deferred income taxes (48) 58
Change in assets and liabilities:    
Accounts receivable 2,161 (198)
Inventories (1,357) 77
Prepaid expenses and other assets 625 37
Accounts payable (3,955) (5,419)
Accrued liabilities (876) 227
Other 56 13
Net cash used in operating activities (2,054) (3,630)
Investing activities:    
Capital expenditures (339) (1,072)
Proceeds from maturity of investments 8,000  
Purchases of investments   (2,300)
Net cash provided by (used in) investing activities 7,661 (3,372)
Financing activities:    
Proceeds from issuance of common stock   192
Cash dividends paid (775) (764)
Payment of financing lease principal (30)  
Other 4  
Net cash used in financing activities (801) (572)
Effect of exchange rate changes on cash and cash equivalents (368) (413)
Increase (decrease) in cash and cash equivalents 4,438 (7,987)
Cash and cash equivalents at beginning of period 42,019 60,465
Cash and cash equivalents at end of period $ 46,457 $ 52,478