XML 12 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2015
May. 31, 2015
Current Assets:    
Cash $ 6,804 $ 4,995
Accounts receivable, less allowance for doubtful accounts of $0 and $536 at November 30, 2015 and May 31, 2015, respectively 14,309 15,288
Inventories 10,759 9,119
Workers' compensation security deposit 792 1,732
Other current assets 1,370 447
Total Current Assets 34,034 31,581
Property, Plant and Equipment:    
Land 2,996 2,996
Buildings and improvements 36,624 36,280
Machinery and equipment 16,161 16,332
Property, Plant and Equipment gross 55,781 55,608
Less accumulated depreciation 44,485 44,039
Net Property, Plant and Equipment 11,296 11,569
Other Assets 7,319 7,289
Total Assets 52,649 50,439
Current Liabilities:    
Accounts payable, trade 3,144 3,033
Accrued salaries and wages 2,752 2,565
Accrued marketing programs 3,637 2,356
Accrued warranty 4,618 4,511
Other accrued liabilities 2,406 2,652
Total Current Liabilities 16,557 15,117
Long-Term Liabilities:    
Deferred compensation expense 5,100 5,237
Accrued warranty 2,400 2,400
Life insurance loans 4,312 4,312
Total Long-Term Liabilities $ 11,812 $ 11,949
Commitments and Contingencies - See Note 8
Shareholders' Equity:    
Common stock, $.0277 par value, 15,000,000 shares authorized; issued 11,217,144 shares $ 312 $ 312
Additional paid-in capital 4,963 4,928
Retained earnings 84,749 83,877
Treasury stock, at cost, 2,825,900 shares (65,744) (65,744)
Total Shareholders' Equity 24,280 23,373
Total Liabilities and Shareholders' Equity $ 52,649 $ 50,439