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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Feb. 26, 2017
May 29, 2016
 [1]
Current Assets:    
Cash and cash equivalents $ 12,734 $ 9,894
Accounts receivable, less allowance for doubtful accounts 45,918 46,406
Inventories 23,273 25,535
Prepaid expenses and other current assets 4,650 4,468
Total Current Assets 86,575 86,303
Investment in non-public company, fair value 63,400 62,700
Property and equipment, net 123,005 120,880
Goodwill, net 49,620 49,620
Trademarks/tradenames, net 14,428 14,428
Customer relationships, net 6,304 6,968
Other assets 2,804 1,754
Total Assets 346,136 342,653
Current Liabilities:    
Accounts payable 24,764 30,904
Accrued compensation 6,136 5,460
Other accrued liabilities 10,904 7,772
Deferred revenue 429 832
Line of credit 3,500
Current portion of long-term debt, net 4,940 7,873
Total Current Liabilities 47,173 56,341
Long-term debt, net 43,534 45,972
Capital lease obligation, less current portion 3,751 3,804
Deferred taxes, net 25,507 22,442
Other non-current liabilities 2,031 1,744
Total Liabilities 121,996 130,303
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 27,305 and 27,148 shares issued and outstanding at February 26, 2017 and May 29, 2016, respectively 27 27
Additional paid-in capital 140,134 137,244
Retained earnings 82,018 73,457
Accumulated other comprehensive income 430
Total Stockholders’ Equity 222,609 210,728
Non-controlling interest 1,531 1,622
Total Equity 224,140 212,350
Total Liabilities and Stockholders’ Equity $ 346,136 $ 342,653
[1] Derived from audited financial statements. See Note 1 - Organization, Basis of Presentation, and Summary of Significant Accounting Policies for discussion of accounting guidance adopted during the period.