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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Nov. 30, 2019
Jun. 01, 2019
Current assets:    
Cash and cash equivalents $ 33,054 $ 42,019
Accounts receivable, less allowance of $278 and $339, respectively 22,336 24,296
Inventories, net 56,169 53,232
Prepaid expenses and other assets 2,853 3,067
Investments - current 13,000 8,000
Total current assets 127,412 130,614
Non-current assets:    
Property, plant and equipment, net 18,361 19,111
Intangible assets, net 2,637 2,763
Lease ROU asset 3,991
Non-current deferred income taxes 575 529
Total non-current assets 25,564 22,403
Total assets 152,976 153,017
Current liabilities:    
Accounts payable 15,439 16,943
Accrued liabilities 10,836 11,273
Lease liability current 1,628
Total current liabilities 27,903 28,216
Non-current liabilities:    
Non-current deferred income tax liabilities 241 212
Lease liability non-current 2,437
Other non-current liabilities 718 832
Total non-current liabilities 3,396 1,044
Total liabilities 31,299 29,260
Stockholders’ equity    
Preferred stock, $1.00 par value, no shares issued
Additional paid-in-capital 61,436 61,012
Common stock in treasury, at cost, no shares at November 30, 2019 and June 1, 2019
Retained earnings 57,688 59,703
Accumulated other comprehensive income 1,896 2,390
Total stockholders’ equity 121,677 123,757
Total liabilities and stockholders’ equity 152,976 153,017
Common Stock    
Stockholders’ equity    
Common stock, $0.05 par value; issued and outstanding 11,029 shares at August 31, 2019 and 10,957 shares at June 1, 2019 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares at August 31, 2019 and June 1, 2019 552 547
Common Class B    
Stockholders’ equity    
Common stock, $0.05 par value; issued and outstanding 11,029 shares at August 31, 2019 and 10,957 shares at June 1, 2019 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares at August 31, 2019 and June 1, 2019 $ 105 $ 105