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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 04, 2018
May 31, 2017
Current Assets:    
Cash $ 14,090 $ 11,384
Accounts receivable 14,345 12,751
Inventories 13,046 12,233
Workers' compensation security deposit 800 371
Other current assets 820 563
Total Current Assets 43,101 37,302
Property, Plant and Equipment, at Cost:    
Land 2,016 2,965
Buildings and improvements 36,092 35,368
Machinery and equipment 16,715 16,364
Property, Plant and Equipment gross 54,823 54,697
Less accumulated depreciation 44,191 43,721
Net Property, Plant and Equipment 10,632 10,976
Other Assets 4,705 7,366
Total Assets 58,438 55,644
Current Liabilities:    
Accounts payable, trade 5,240 3,861
Accrued salaries and wages 3,350 3,530
Accrued volume rebates 3,306 1,986
Accrued warranty 3,811 4,757
Customer deposits 1,480 1,880
Other accrued liabilities 2,342 2,371
Total Current Liabilities 19,529 18,385
Long-Term Liabilities:    
Deferred compensation expense 4,801 4,848
Accrued warranty 2,800 2,800
Life insurance loans   4,312
Total Long-Term Liabilities 7,601 11,960
Commitments and Contingencies - See Note 7
Shareholders' Equity:    
Common stock, $.0277 par value, 15,000,000 shares authorized; issued 11,217,144 shares 312 312
Additional paid-in capital 5,391 5,171
Retained earnings 91,349 85,560
Treasury stock, at cost, 2,825,900 shares (65,744) (65,744)
Total Shareholders' Equity 31,308 25,299
Total Liabilities and Shareholders' Equity $ 58,438 $ 55,644