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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2014
May 25, 2014
Current Assets:    
Cash and cash equivalents $ 8,529 $ 14,243 [1]
Accounts receivable, less allowance for doubtful accounts of $491 and $516 at August 31, 2014 and May 25, 2014, respectively 43,458 44,421 [1]
Accounts receivable, related party 338 304 [1]
Income taxes receivable 1,020 2,000 [1]
Inventories, net 27,834 24,735 [1]
Deferred taxes 2,078 2,056 [1]
Prepaid expenses and other current assets 5,993 3,170 [1]
Total Current Assets 89,250 90,929 [1]
Investment in non-public company, non-fair value 793 793 [1]
Investment in non-public company, fair value 50,800 39,600 [1]
Property and equipment, net 76,946 74,140 [1]
Goodwill, net 49,620 49,620 [1]
Trademarks/tradenames, net 48,428 48,428 [1]
Customer relationships, net 8,499 8,720 [1]
Other assets 1,602 1,393 [1]
Total Assets 325,938 313,623 [1]
Current Liabilities:    
Accounts payable 37,212 31,981 [1]
Accounts payable, related party 167 134 [1]
Accrued compensation 3,547 4,096 [1]
Other accrued liabilities 4,405 4,871 [1]
Deferred revenue 1,059 1,254 [1]
Current portion of long-term debt 6,980 6,055 [1]
Total Current Liabilities 53,370 48,391 [1]
Long-term debt, less current portion 33,051 28,317 [1]
Deferred taxes 30,584 30,133 [1]
Other non-current liabilities 1,403 2,021 [1]
Total Liabilities 118,408 108,862 [1]
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 26,845,218 and 26,815,253 shares issued and outstanding at August 31, 2014 and May 25, 2014, respectively 27 27 [1]
Additional paid-in capital 131,833 131,488 [1]
Retained earnings 73,907 71,554 [1]
Total Stockholders’ Equity 205,767 203,069 [1]
Non-controlling interest 1,763 1,692 [1]
Total Equity 207,530 204,761 [1]
Total Liabilities and Stockholders’ Equity $ 325,938 $ 313,623 [1]
[1] Derived from audited financial statements.