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Consolidated Balance Sheets - USD ($)
May 28, 2022
May 29, 2021
Current assets:    
Cash and cash equivalents $ 35,495,000 $ 43,316,000
Accounts receivable, less allowance of $186 and $202, respectively 29,878,000 25,096,000
Inventories, net 80,390,000 63,508,000
Prepaid expenses and other assets 2,448,000 2,385,000
Investments - current 5,000,000 0
Total current assets 153,211,000 134,305,000
Non-current assets:    
Property, plant and equipment, net 16,961,000 17,067,000
Intangible assets, net 2,010,000 2,270,000
Lease ROU asset 3,239,000 2,570,000
Non-current deferred income taxes 4,398,000 541,000
Total non-current assets 26,608,000 22,448,000
Total assets 179,819,000 156,753,000
Current liabilities:    
Accounts payable 23,987,000 16,979,000
Accrued liabilities 16,110,000 14,182,000
Lease liability current 1,109,000 1,066,000
Total current liabilities 41,206,000 32,227,000
Non-current liabilities:    
Non-current deferred income tax liabilities 85,000 242,000
Lease liability non-current 1,915,000 1,358,000
Other non-current liabilities 766,000 1,366,000
Total non-current liabilities 2,766,000 2,966,000
Total liabilities 43,972,000 35,193,000
Stockholders’ Equity    
Preferred stock, $1.00 par value, no shares issued
Additional paid-in-capital 66,331,000 62,707,000
Retained earnings 68,031,000 53,297,000
Accumulated other comprehensive income 800,000 4,893,000
Total stockholders' equity 135,847,000 121,560,000
Total liabilities and stockholders’ equity 179,819,000 156,753,000
Common Stock    
Stockholders’ Equity    
Common stock, $0.05 par value; issued and outstanding 11,649 shares at May 28, 2022 and 11,160 shares at May 29, 2021 582,000 558,000
Common Class B    
Stockholders’ Equity    
Common stock, $0.05 par value; issued and outstanding 11,649 shares at May 28, 2022 and 11,160 shares at May 29, 2021 $ 103,000 $ 105,000