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Consolidated Balance Sheets - USD ($)
$ in Thousands
May. 31, 2015
May. 31, 2014
Current Assets:    
Cash $ 4,995 $ 6,031
Accounts receivable, less allowance for doubtful accounts of $536 in 2015 and $0 in 2014 15,259 16,259
Note receivable, current   50
Inventories 9,008 8,627
Workers' compensation security deposit 1,732 2,688
Other current assets 447 542
Assets of discontinued operations 140 7,473
Total Current Assets 31,581 41,670
Note Receivable, non-current   1,581
Property, Plant and Equipment, at Cost:    
Land 2,996 3,586
Buildings and improvements 36,280 39,254
Machinery and equipment 16,332 17,238
Property, Plant and Equipment gross 55,608 60,078
Less accumulated depreciation 44,039 46,036
Property, Plant and Equipment 11,569 14,042
Assets of discontinued operations, net of accumulated depreciation   1,911
Net Property, Plant and Equipment 11,569 15,953
Other Assets 7,289 6,550
Total Assets 50,439 65,754
Current Liabilities:    
Accounts payable, trade 3,025 3,050
Accrued salaries and wages 2,565 2,255
Accrued marketing programs 2,319 2,526
Accrued warranty and related expenses 4,511 3,697
Other accrued liabilities 2,593 3,695
Liabilities of discontinued operations 104 3,024
Total Current Liabilities 15,117 18,247
Long-Term Liabilities:    
Other deferred liabilities 7,637 7,386
Life insurance loans 4,312 6,334
Total Long-Term Liabilities $ 11,949 $ 13,720
Commitments and Contingencies - See Note 12    
Shareholders' Equity:    
Common stock, $.0277 par value, 15,000,000 shares authorized; issued 11,217,144 shares $ 312 $ 312
Additional paid-in capital 4,928 4,928
Retained earnings 83,877 94,291
Treasury stock, at cost, 2,825,900 shares (65,744) (65,744)
Total Shareholders' Equity 23,373 33,787
Total Liabilities and Shareholders' Equity $ 50,439 $ 65,754