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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2014
May 25, 2014
Current Assets:    
Cash and cash equivalents $ 4,970us-gaap_CashAndCashEquivalentsAtCarryingValue $ 14,243us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, less allowance for doubtful accounts of $415 and $516 at November 30, 2014 and May 25, 2014, respectively 52,136us-gaap_AccountsReceivableNetCurrent 44,421us-gaap_AccountsReceivableNetCurrent
Accounts receivable, related party 162us-gaap_AccountsReceivableRelatedPartiesCurrent 304us-gaap_AccountsReceivableRelatedPartiesCurrent
Income taxes receivable 156us-gaap_IncomeTaxesReceivable 2,000us-gaap_IncomeTaxesReceivable
Inventories, net 30,440us-gaap_InventoryNet 24,735us-gaap_InventoryNet
Deferred taxes 1,985us-gaap_DeferredTaxAssetsNetCurrent 2,056us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses and other current assets 5,095us-gaap_PrepaidExpenseAndOtherAssetsCurrent 3,170us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total Current Assets 94,944us-gaap_AssetsCurrent 90,929us-gaap_AssetsCurrent
Investment in non-public company, non-fair value 793us-gaap_CostMethodInvestments 793us-gaap_CostMethodInvestments
Investment in non-public company, fair value 59,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue 39,600us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
Property and equipment, net 78,375us-gaap_PropertyPlantAndEquipmentNet 74,140us-gaap_PropertyPlantAndEquipmentNet
Goodwill, net 49,620us-gaap_Goodwill 49,620us-gaap_Goodwill
Trademarks/tradenames, net 48,428us-gaap_IndefiniteLivedTrademarks 48,428us-gaap_IndefiniteLivedTrademarks
Customer relationships, net 8,277lndc_FiniteLivedCustomerListsNet 8,720lndc_FiniteLivedCustomerListsNet
Other assets 1,662us-gaap_OtherAssetsNoncurrent 1,393us-gaap_OtherAssetsNoncurrent
Total Assets 341,099us-gaap_Assets 313,623us-gaap_Assets
Current Liabilities:    
Accounts payable 39,184us-gaap_AccountsPayableCurrent 31,981us-gaap_AccountsPayableCurrent
Accounts payable, related party 332us-gaap_AccountsPayableRelatedPartiesCurrent 134us-gaap_AccountsPayableRelatedPartiesCurrent
Accrued compensation 4,973us-gaap_EmployeeRelatedLiabilitiesCurrent 4,096us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued liabilities 4,939us-gaap_OtherAccruedLiabilitiesCurrent 4,871us-gaap_OtherAccruedLiabilitiesCurrent
Deferred revenue 211us-gaap_DeferredRevenueCurrent 1,254us-gaap_DeferredRevenueCurrent
Lines of credit 5,000us-gaap_LinesOfCreditCurrent  
Current portion of long-term debt 7,550us-gaap_LongTermDebtCurrent 6,055us-gaap_LongTermDebtCurrent
Total Current Liabilities 62,189us-gaap_LiabilitiesCurrent 48,391us-gaap_LiabilitiesCurrent
Long-term portion 34,675us-gaap_LongTermDebtNoncurrent 28,317us-gaap_LongTermDebtNoncurrent
Deferred taxes 31,477us-gaap_DeferredTaxLiabilitiesNoncurrent 30,133us-gaap_DeferredTaxLiabilitiesNoncurrent
Other non-current liabilities 1,650us-gaap_OtherLiabilitiesCurrent 2,021us-gaap_OtherLiabilitiesCurrent
Total Liabilities 129,991us-gaap_Liabilities 108,862us-gaap_Liabilities
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 26,875,984 and 26,815,253 shares issued and outstanding at November 30, 2014 and May 25, 2014, respectively 27us-gaap_CommonStockValue 27us-gaap_CommonStockValue
Additional paid-in capital 132,360us-gaap_AdditionalPaidInCapital 131,488us-gaap_AdditionalPaidInCapital
Retained earnings 77,130us-gaap_RetainedEarningsAccumulatedDeficit 71,554us-gaap_RetainedEarningsAccumulatedDeficit
Total Stockholders’ Equity 209,517us-gaap_StockholdersEquity 203,069us-gaap_StockholdersEquity
Non-controlling interest 1,591us-gaap_MinorityInterest 1,692us-gaap_MinorityInterest
Total Equity 211,108us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 204,761us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Liabilities and Stockholders’ Equity $ 341,099us-gaap_LiabilitiesAndStockholdersEquity $ 313,623us-gaap_LiabilitiesAndStockholdersEquity