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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 27, 2018
May 28, 2017
Current Assets:    
Cash and cash equivalents $ 2,899 $ 5,998
Accounts receivable, less allowance for doubtful accounts 53,877 45,899
Inventories 31,819 23,620
Prepaid expenses and other current assets 7,958 3,498
Other current assets, discontinued operations 510 2,265
Total Current Assets 97,063 81,280
Investment in non-public company, fair value 66,500 63,600
Property and equipment, net 159,624 133,220
Goodwill 54,510 54,510
Trademarks/trade names, net 16,028 16,028
Customer relationships, net 5,814 6,783
Other assets 5,164 2,918
Other assets, discontinued operations 269
Total Assets [1] 404,703 358,608
Current Liabilities:    
Accounts payable 34,668 24,527
Accrued compensation 9,978 7,506
Other accrued liabilities 8,706 9,045
Deferred revenue 2,625 310
Line of credit 27,000 3,000
Current portion of long-term debt, net 4,940 4,940
Other current liabilities, discontinued operations 458 2,126
Total Current Liabilities 88,375 51,454
Long-term debt, net 37,360 42,299
Capital lease obligation, less current portion 3,641 3,731
Deferred taxes, net 17,485 24,581
Other non-current liabilities 5,280 8,391
Total Liabilities 152,141 130,456
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 27,702 and 27,499 shares issued and outstanding at May 27, 2018 and May 28, 2017, respectively 28 27
Additional paid-in capital 142,087 141,680
Retained earnings 109,299 84,470
Accumulated other comprehensive income 1,148 432
Total Stockholders’ Equity 252,562 226,609
Non-controlling interest 1,543
Total Equity 252,562 228,152
Total Liabilities and Stockholders’ Equity $ 404,703 $ 358,608
[1] Assets of discontinued operations are included in Other for the years ended May 27, 2018, May 28, 2017, and May 29, 2016.