XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Aug. 27, 2022
May 28, 2022
Current assets:    
Cash and cash equivalents $ 30,633 $ 35,495
Accounts receivable, less allowance of $192 and $186, respectively 32,568 29,878
Inventories, net 89,080 80,390
Prepaid expenses and other assets 3,557 2,448
Investments - current 5,000 5,000
Total current assets 160,838 153,211
Non-current assets:    
Property, plant and equipment, net 17,643 16,961
Intangible assets, net 1,945 2,010
Lease ROU asset 2,788 3,239
Non-current deferred income taxes 4,372 4,398
Total non-current assets 26,748 26,608
Total assets 187,586 179,819
Current liabilities:    
Accounts payable 25,276 23,987
Accrued liabilities 17,979 16,110
Lease liability current 1,076 1,109
Total current liabilities 44,331 41,206
Non-current liabilities:    
Non-current deferred income tax liabilities 79 85
Lease liability non-current 1,713 1,915
Other non-current liabilities 799 766
Total non-current liabilities 2,591 2,766
Total liabilities 46,922 43,972
Stockholders’ Equity    
Preferred stock, $1.00 par value, no shares issued
Additional paid-in-capital 67,948 66,331
Retained earnings 73,536 68,031
Accumulated other comprehensive (loss) income (1,515) 800
Total stockholders’ equity 140,664 135,847
Total liabilities and stockholders’ equity 187,586 179,819
Common Stock    
Stockholders’ Equity    
Common stock, $0.05 par value; issued and outstanding 11,848 shares on August 27, 2022 and 11,649 shares on May 28, 2022 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,053 shares on August 27, 2022 and 2,053 shares on May 28, 2022 592 582
Common Class B    
Stockholders’ Equity    
Common stock, $0.05 par value; issued and outstanding 11,848 shares on August 27, 2022 and 11,649 shares on May 28, 2022 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,053 shares on August 27, 2022 and 2,053 shares on May 28, 2022 $ 103 $ 103