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Consolidated Balance Sheet (USD $)
Mar. 05, 2013
May 29, 2012
Current Assets    
Cash and equivalents $ 3,010,528 $ 45,962,546
Restricted cash 0 3,492,803
Trade and other accounts receivable 1,512,408 1,683,123
Inventories 6,530,707 5,589,553
Prepaid expenses, sundry deposits and property held for sale 1,229,616 708,440
Prepaid and deferred income taxes 1,110,911 2,300,995
Current assets of discontinued operations 0 190,120
Total current assets 13,394,170 59,927,580
Property and Equipment    
Land and improvements 45,717,892 44,473,068
Buildings 73,895,399 72,218,910
Equipment and fixtures 81,025,791 77,935,903
Leasehold improvements and buildings on leased land 18,235,161 16,609,854
Capitalized leases 2,602,971 2,311,565
Construction in progress 106,660 1,414,514
Property, plant and equipment, gross, total 221,583,874 214,963,814
Less accumulated depreciation and amortization 118,629,223 112,825,024
Net property and equipment 102,954,651 102,138,790
Other Assets    
Goodwill and other intangible assets 775,653 777,420
Investments in land 3,168,528 3,390,886
Property held for sale 5,799,899 8,093,084
Deferred income taxes 2,785,346 3,149,367
Other long term assets 2,780,974 2,491,654
Total other assets 15,310,400 17,902,411
Total assets 131,659,221 179,968,781
Long-term obligations due within one year    
Long-term debt 5,128,985 6,592,637
Obligations under capitalized leases 222,212 162,683
Self insurance 566,075 972,915
Accounts payable 7,423,701 6,293,007
Accrued expenses 7,567,751 7,341,718
Income taxes 0 128,490
Current liabilities of discontinued operations 0 683,336
Total current liabilities 20,908,724 22,174,786
Long-Term Obligations    
Long-term debt 10,337,703 14,445,869
Obligations under capitalized leases 2,120,845 1,526,244
Self insurance 1,333,005 1,268,667
Underfunded pension obligation 14,427,302 14,785,312
Deferred compensation and other 4,298,707 4,043,068
Total long-term obligations 32,517,562 36,069,160
Commitments      
Capital stock    
Preferred stock - authorized, 3,000,000 shares without par value; none issued 0 0
Common stock - authorized, 12,000,000 shares without par value; issued, 7,586,764 and 7,586,764 shares - stated value - $1.00 7,586,764 7,586,764
Additional contributed capital 69,260,255 65,909,780
Preferred stock, common stock, including additional paid in capital, total, value 76,847,019 73,496,544
Accumulated other comprehensive loss (8,140,599) (9,006,202)
Retained earnings 49,467,102 95,289,648
Retained earnings and accumulated other comprehensive income 41,326,503 86,283,446
Less cost of treasury stock (2,524,309 and 2,648,158 shares) 39,940,587 38,055,155
Total shareholders’ equity 78,232,935 121,724,835
Total liabilities and shareholders’ equity $ 131,659,221 $ 179,968,781