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CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 28, 2024
Apr. 30, 2023
current assets:    
cash and cash equivalents $ 10,012,000 $ 20,964,000
short-term investments - rabbi trust 903,000 1,404,000
accounts receivable, net 21,138,000 24,778,000
inventories 44,843,000 45,080,000
short-term note receivable 264,000 219,000
current income taxes receivable 350,000  
other current assets 3,371,000 3,071,000
total current assets 80,881,000 95,516,000
Property, plant and equipment, net 33,182,000 36,111,000
right of use assets 6,203,000 8,191,000
long-term investments - rabbi trust 7,102,000 7,067,000
intangible assets 1,876,000 2,252,000
long-term note receivable 1,462,000 1,726,000
deferred income taxes 518,000 480,000
other assets 830,000 840,000
total assets 132,054,000 152,183,000
current liabilities:    
accounts payable - trade 25,607,000 29,442,000
accounts payable - capital expenditures 343,000 56,000
operating lease liability - current 2,061,000 2,640,000
deferred compensation - current 903,000 1,404,000
deferred revenue 1,495,000 1,192,000
accrued expenses 6,726,000 8,533,000
income taxes payable - current 972,000 753,000
total current liabilities 38,107,000 44,020,000
operating lease liability - long-term 2,422,000 3,612,000
income taxes payable - long-term 2,088,000 2,675,000
deferred income taxes 6,379,000 5,954,000
deferred compensation 6,929,000 6,842,000
total liabilities 55,925,000 63,103,000
commitments and contingencies (notes 10 and 12)
shareholders' equity:    
preferred stock, $.05 par value, authorized 10,000,000 shares
common stock, $.05 par value, authorized 40,000,000 shares, issued and outstanding 12,469,903 at April 28, 2024 and 12,327,414 at April 30, 2023 624,000 616,000
capital contributed in excess of par value 45,011,000 44,250,000
accumulated earnings 30,376,000 44,195,000
accumulated other comprehensive income 118,000 19,000
total equity 76,129,000 89,080,000
total liabilities and equity $ 132,054,000 $ 152,183,000