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Consolidated Balance Sheets - USD ($)
$ in Thousands
May. 31, 2015
May. 25, 2014
Current assets:    
Cash and cash equivalents $ 14,127 $ 14,243
Accounts receivable, less allowance for doubtful accounts of $382 and $516 at May 31, 2015 and May 25, 2014, respectively 46,173 44,421
Accounts receivable, related party 306 304
Income taxes receivable 152 2,000
Inventories, net 25,027 24,735
Deferred taxes 2,111 2,056
Prepaid expenses and other current assets 5,306 3,170
Total current assets $ 93,202 90,929
Investment in non-public company, non-fair value   793
Investment in non-public company, fair value $ 61,500 39,600
Property and equipment, net 84,465 74,140
Goodwill, net 49,620 49,620
Trademarks/ trade names, net 48,428 48,428
Customer relationships, net 7,835 8,720
Other assets 1,415 1,393
Total Assets 346,465 313,623
Current liabilities:    
Accounts payable 34,765 31,981
Accounts payable, related party 244 $ 134
Income taxes payable 1,229  
Accrued compensation 6,742 $ 4,096
Other accrued liabilities 3,983 4,871
Deferred revenue 843 1,254
Current portion of long-term debt 8,353 6,055
Total current liabilities 56,159 48,391
Long-term debt 34,166 28,317
Deferred taxes 34,340 30,133
Other non-current liabilities 1,691 2,021
Total liabilities $ 126,356 $ 108,862
Commitments and contingencies (Note 9)    
Stockholders’ equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 26,990,490 and 26,815,253 shares issued and outstanding at May 31, 2015 and May 25, 2014, respectively $ 27 $ 27
Additional paid-in capital 133,307 131,488
Retained earnings 85,098 71,554
Total stockholders’ equity 218,432 203,069
Non-controlling interest 1,677 1,692
Total Equity 220,109 204,761
Total Liabilities and Stockholders’ Equity $ 346,465 $ 313,623