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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 26, 2022
May 29, 2021
Current assets:    
Cash and cash equivalents $ 39,147 $ 43,316
Accounts receivable, less allowance of $149 and $202, respectively 31,605 25,096
Inventories, net 73,673 63,508
Prepaid expenses and other assets 3,362 2,385
Total current assets 147,787 134,305
Non-current assets:    
Property, plant and equipment, net 16,839 17,067
Intangible assets, net 2,077 2,270
Lease ROU asset 3,502 2,570
Non-current deferred income taxes 481 541
Total non-current assets 22,899 22,448
Total assets 170,686 156,753
Current liabilities:    
Accounts payable 20,744 16,979
Accrued liabilities 15,975 14,182
Lease liability current 1,164 1,066
Total current liabilities 37,883 32,227
Non-current liabilities:    
Non-current deferred income tax liabilities 235 242
Lease liability non-current 2,113 1,358
Other non-current liabilities 844 1,366
Total non-current liabilities 3,192 2,966
Total liabilities 41,075 35,193
Stockholders’ Equity    
Preferred stock, $1.00 par value, no shares issued
Additional paid-in-capital 65,831 62,707
Retained earnings 60,557 53,297
Accumulated other comprehensive income 2,540 4,893
Total stockholders’ equity 129,611 121,560
Total liabilities and stockholders’ equity 170,686 156,753
Common Stock    
Stockholders’ Equity    
Common stock, $0.05 par value; issued and outstanding 11,608 shares on February 26, 2022 and 11,160 shares on May 29, 2021 Class B common stock, convertible, $0.05 par value; issued and outstanding2,053 shares on February 26, 2022 and 2,097 shares on May 29, 2021 580 558
Common Class B    
Stockholders’ Equity    
Common stock, $0.05 par value; issued and outstanding 11,608 shares on February 26, 2022 and 11,160 shares on May 29, 2021 Class B common stock, convertible, $0.05 par value; issued and outstanding2,053 shares on February 26, 2022 and 2,097 shares on May 29, 2021 $ 103 $ 105