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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 02, 2024
Mar. 03, 2024
[1]
Current assets    
Cash and cash equivalents $ 4,081 $ 6,567
Marketable securities (Note 3) 70,337 70,644
Accounts receivable, less allowance for credit losses of $132 and $128, respectively 11,386 12,381
Inventories (Note 4) 8,312 6,404
Prepaid expenses and other current assets 3,180 2,849
Total current assets 97,296 98,845
Property, plant and equipment, net 22,185 23,499
Operating right-of-use assets (Note 5) 81 95
Goodwill and other intangible assets 9,783 9,776
Other assets 83 94
Total assets 129,428 132,309
Current liabilities    
Accounts payable 2,201 3,514
Operating lease liability (Note 5) 17 53
Accrued liabilities 1,513 1,986
Income taxes payable 4,206 4,105
Total current liabilities 7,937 9,658
Long-term operating lease liability (Note 5) 107 82
Non-current income taxes payable (Note 9) 5,259 5,259
Deferred income taxes (Note 9) 3,240 3,222
Other liabilities 1,198 1,174
Total liabilities 17,741 19,395
Commitments and contingencies (Note 11)  
Common stock 2,096 2,096
Additional paid-in capital 170,534 170,445
Accumulated deficit (46,913) (45,374)
Accumulated other comprehensive loss (2,048) (2,271)
Stockholders' Equity, Including Treasury Stock 123,669 124,896
Less treasury stock, at cost 11,982 11,982
Total shareholders' equity 111,687 112,914
Total liabilities and shareholders' equity $ 129,428 $ 132,309
[1] The balance sheet at March 3, 2024 has been derived from the audited consolidated financial statements at that date.