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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Aug. 25, 2013
May 26, 2013
Current Assets:    
Cash and cash equivalents $ 8,897 $ 13,718 [1]
Marketable securities 1,297 1,545 [1]
Accounts receivable, less allowance for doubtful accounts of $451 and $583 at August 25, 2013 and May 26, 2013, respectively 32,973 36,072 [1]
Accounts receivable, related party 205 671 [1]
Income taxes receivable 4,942 5,103 [1]
Inventories, net 24,589 24,113 [1]
Deferred taxes 2,006 1,582 [1]
Prepaid expenses and other current assets 2,816 2,856 [1]
Total Current Assets 77,725 85,660 [1]
Investment in non-public company, non-fair value 793 793 [1]
Investment in non-public company, fair value 35,000 29,600 [1]
Property and equipment, net 68,489 65,811 [1]
Goodwill, net 49,620 49,620 [1]
Trademarks/tradenames, net 48,428 48,428 [1]
Customer relationships, net 9,384 9,606 [1]
Other assets 1,394 1,424 [1]
Total Assets 290,833 290,942 [1]
Current Liabilities:    
Accounts payable 29,083 31,470 [1]
Accounts payable, related party 297 786 [1]
Accrued compensation 3,929 4,984 [1]
Other accrued liabilities 3,219 2,332 [1]
Deferred revenue 628 1,248 [1]
Lines of credit 1,050 4,000 [1]
Current portion of long-term debt 5,961 5,933 [1]
Total Current Liabilities 44,167 50,753 [1]
Long-term debt, less current portion 32,961 34,372 [1]
Deferred taxes 26,781 24,054 [1]
Other non-current liabilities 1,455 1,349 [1]
Total Liabilities 105,364 110,528 [1]
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 26,478,809 and 26,402,247 shares issued and outstanding at August 25, 2013 and May 26, 2013, respectively 26 26 [1]
Additional paid-in capital 126,502 126,258 [1]
Retained earnings 57,161 52,409 [1]
Total Stockholders’ Equity 183,689 178,693 [1]
Non-controlling interest 1,780 1,721 [1]
Total Equity 185,469 180,414 [1]
Total Liabilities and Stockholders’ Equity $ 290,833 $ 290,942 [1]
[1] Derived from audited financial statements.