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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 29, 2020
Jun. 01, 2019
Current assets:    
Cash and cash equivalents $ 30,875 $ 42,019
Accounts receivable, less allowance of $194 and $339, respectively 23,074 24,296
Inventories, net 56,677 53,232
Prepaid expenses and other assets 2,910 3,067
Investments - current 13,000 8,000
Total current assets 126,536 130,614
Non-current assets:    
Property, plant and equipment, net 17,999 19,111
Intangible assets, net 2,572 2,763
Lease ROU asset 3,727
Non-current deferred income taxes 574 529
Total non-current assets 24,872 22,403
Total assets 151,408 153,017
Current liabilities:    
Accounts payable 14,675 16,943
Accrued liabilities 11,002 11,273
Lease liability current 1,566
Total current liabilities 27,243 28,216
Non-current liabilities:    
Non-current deferred income tax liabilities 314 212
Lease liability non-current 2,204
Other non-current liabilities 742 832
Total non-current liabilities 3,260 1,044
Total liabilities 30,503 29,260
Stockholders’ equity    
Preferred stock, $1.00 par value, no shares issued
Additional paid-in-capital 61,593 61,012
Common stock in treasury, at cost, no shares at February 29, 2020 and June 1, 2019
Retained earnings 56,819 59,703
Accumulated other comprehensive income 1,836 2,390
Total stockholders’ equity 120,905 123,757
Total liabilities and stockholders’ equity 151,408 153,017
Common Stock    
Stockholders’ equity    
Common stock, $0.05 par value; issued and outstanding 11,038 shares at February 29, 2020 and 10,957 shares at June 1, 2019 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares at February 29, 2020 and June 1, 2019 552 547
Common Class B    
Stockholders’ equity    
Common stock, $0.05 par value; issued and outstanding 11,038 shares at February 29, 2020 and 10,957 shares at June 1, 2019 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares at February 29, 2020 and June 1, 2019 $ 105 $ 105