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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 01, 2016
Jun. 02, 2015
Current assets:    
Cash and cash equivalents $ 52,458 $ 75,331
Accounts receivable 5,866 5,287
Inventories:    
Merchandise 14,755 12,861
China, silver and supplies 7,832 $ 7,550
Income tax receivable 2,958
Prepaid rent and other expenses 11,520 $ 12,398
Assets held for sale 3,402 5,453
Total current assets 98,791 118,880
Property and equipment, net 722,570 $ 752,174
Deferred income taxes, net 1,995
Other assets 47,108 $ 54,398
Total assets 870,464 925,452
Current liabilities:    
Accounts payable 16,202 23,005
Accrued liabilities:    
Taxes, other than income and payroll 9,279 11,067
Payroll and related costs 13,279 20,351
Insurance 5,929 7,633
Deferred revenue – gift cards 18,797 16,636
Rent and other 21,822 20,535
Long-term Debt and Capital Lease Obligations, Current $ 10,964 10,078
Income tax payable 1,069
Deferred income taxes, net $ 2,612 7
Total current liabilities 98,884 110,381
Long-term debt and capital leases, less current maturities $ 218,117 231,017
Deferred income taxes, net 1,442
Deferred escalating minimum rent $ 51,793 50,768
Other deferred liabilities 66,116 66,261
Total liabilities $ 434,910 $ 459,869
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Common stock, $0.01 par value; (authorized: 100,000 shares; Issued and outstanding: 60,193 shares at 3/01/16; 62,098 shares at 6/02/15) $ 602 $ 621
Capital in excess of par value 75,592 83,870
Retained earnings 368,953 392,032
Deferred compensation liability payable in Company stock 625 681
Company stock held by Deferred Compensation Plan (625) (681)
Accumulated other comprehensive loss (9,593) (10,940)
Total shareholders’ equity 435,554 465,583
Total liabilities & shareholders’ equity $ 870,464 $ 925,452