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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 24, 2013
May 27, 2012
Cash and cash equivalents $ 9,943 $ 22,177 [1]
Marketable securities 3,790    [1]
Accounts receivable, less allowance for doubtful accounts of $798 and $512 at February 24, 2013 and May 27, 2012, respectively 37,267 31,951 [1]
Accounts receivable, related party 312 323 [1]
Income taxes receivable   47 [1]
Inventories 22,385 22,011 [1]
Deferred taxes 2,092 2,076 [1]
Prepaid expenses and other current assets 6,198 2,578 [1]
Total Current Assets 81,987 81,163 [1]
Investment in non-public company, non-fair value 793 793 [1]
Investment in non-public company, fair value 27,800 21,500 [1]
Property and equipment, net 63,056 63,495 [1]
Goodwill, net 49,620 49,620 [1]
Trademarks/tradenames, net 48,428 48,428 [1]
Customer relationships, net 9,827 10,557 [1]
Other assets 1,484 2,136 [1]
Total Assets 282,995 277,692 [1]
Accounts payable 27,740 22,644 [1]
Related party accounts payable 191 776 [1]
Accrued compensation 5,913 5,782 [1]
Other accrued liabilities 2,452 18,642 [1]
Deferred revenue 931 162 [1]
Lines of credit 4,000 11,666 [1]
Current portion of long-term debt 7,047 7,012 [1]
Total Current Liabilities 48,274 66,684 [1]
Long-term debt, less current portion 35,794 40,305 [1]
Deferred taxes 22,283 18,037 [1]
Other non-current liabilities 1,965 1,108 [1]
Total Liabilities 108,316 126,134 [1]
Common stock, $0.001 par value; 50,000,000 shares authorized; 25,906,412 and 25,644,580 shares issued and outstanding at February 24, 2013 and May 27, 2012, respectively 26 26 [1]
Additional paid-in capital 125,108 119,894 [1]
Retained earnings 47,890 29,822 [1]
Total Stockholders’ Equity 173,024 149,742 [1]
Non controlling interest 1,655 1,816 [1]
Total Equity 174,679 151,558 [1]
Total Liabilities and Stockholders’ Equity $ 282,995 $ 277,692 [1]
[1] Derived from audited financial statements.