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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Aug. 27, 2017
May 28, 2017
Current Assets:    
Cash and cash equivalents $ 8,191 $ 5,409
Accounts receivable, less allowance for doubtful accounts 47,851 47,083
Inventories 28,139 25,290
Prepaid expenses and other current assets 4,339 3,498
Total Current Assets 88,520 81,280
Investment in non-public company, fair value 64,500 63,600
Property and equipment, net 132,637 133,220
Goodwill 54,779 54,779
Trademarks/tradenames, net 16,028 16,028
Customer relationships, net 6,562 6,783
Other assets 3,941 2,918
Total Assets 366,967 358,608
Current Liabilities:    
Accounts payable 26,951 25,868
Accrued compensation 5,386 8,211
Other accrued liabilities 9,751 9,125
Deferred revenue 284 310
Line of credit 10,500 3,000
Current portion of long-term debt 4,940 4,940
Total Current Liabilities 57,812 51,454
Long-term debt 41,064 42,299
Capital lease obligation, less current portion 3,710 3,731
Deferred taxes, net 25,673 24,581
Other non-current liabilities 7,539 8,391
Total Liabilities 135,798 130,456
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 27,507 and 27,499 shares issued and outstanding at August 27, 2017 and May 28, 2017, respectively 28 27
Additional paid-in capital 142,587 141,680
Retained earnings 86,616 84,470
Accumulated other comprehensive income 329 432
Total Stockholders’ Equity 229,560 226,609
Non-controlling interest 1,609 1,543
Total Equity 231,169 228,152
Total Liabilities and Stockholders’ Equity $ 366,967 $ 358,608