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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Nov. 25, 2012
May 27, 2012
Current Assets:    
Cash and cash equivalents $ 4,856 $ 22,177
Marketable securities 1,959  
Accounts receivable, less allowance for doubtful accounts of $594 and $512 at November 25, 2012 and May 27, 2012, respectively 40,595 31,951
Accounts receivable, related party 313 323
Income taxes receivable 21 47
Inventories, net 24,402 22,011
Deferred taxes 2,076 2,076
Prepaid expenses and other current assets 3,014 2,578
Total Current Assets 77,236 81,163
Investment in non-public company, non-fair value 793 793
Investment in non-public company, fair value 26,752 21,500
Property and equipment, net 63,443 63,495
Goodwill, net 49,620 49,620
Trademarks/tradenames, net 48,428 48,428
Customer relationships, net 10,048 10,557
Other assets 1,792 2,136
Total Assets 278,112 277,692
Current Liabilities:    
Accounts payable 25,944 22,644
Related party accounts payable 425 776
Accrued compensation 4,559 5,782
Other accrued liabilities 4,513 18,642
Deferred revenue 246 162
Lines of credit 7,500 11,666
Current portion of long-term debt 7,035 7,012
Total Current Liabilities 50,222 66,684
Long-term debt, less current portion 37,192 40,305
Deferred taxes 21,076 18,037
Other non-current liabilities 1,862 1,108
Total Liabilities 110,352 126,134
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 25,783,934 and 25,644,580 shares issued and outstanding at November 25, 2012 and May 27, 2012, respectively 26 26
Additional paid-in capital 122,981 119,894
Retained earnings 43,101 29,822
Total Stockholders’ Equity 166,108 149,742
Non controlling interest 1,652 1,816
Total Equity 167,760 151,558
Total Liabilities and Stockholders’ Equity $ 278,112 $ 277,692