XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Nov. 25, 2018
May 27, 2018
Current Assets:    
Cash and cash equivalents $ 1,514 $ 2,899
Accounts receivable, less allowance for doubtful accounts 53,420 53,877
Inventories 31,628 31,819
Prepaid expenses and other current assets 5,904 7,958
Other current assets, discontinued operations 510
Total Current Assets 92,466 97,063
Investment in non-public company, fair value 68,100 66,500
Property and equipment, net 170,517 159,624
Goodwill 54,510 54,510
Trademarks/tradenames, net 16,028 16,028
Customer relationships, net 5,338 5,814
Other assets 4,695 5,164
Total Assets 411,654 404,703
Current Liabilities:    
Accounts payable 31,719 34,668
Accrued compensation 6,824 9,978
Other accrued liabilities 9,922 8,706
Deferred revenue 1,717 2,625
Line of credit 42,000 27,000
Current portion of long-term debt 4,940 4,940
Other current liabilities, discontinued operations 458
Total Current Liabilities 97,122 88,375
Long-term debt, net 34,889 37,360
Capital lease obligation, less current portion 3,589 3,641
Deferred taxes, net 17,707 17,485
Other non-current liabilities 4,774 5,280
Total Liabilities 158,081 152,141
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 27,785 and 27,702 shares issued and outstanding at November 25, 2018 and May 27, 2018, respectively 28 28
Additional paid-in capital 143,506 142,087
Retained earnings 108,904 109,299
Accumulated other comprehensive income 1,135 1,148
Total Stockholders’ Equity 253,573 252,562
Total Liabilities and Stockholders’ Equity $ 411,654 $ 404,703