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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 24, 2019
May 26, 2019
Current Assets:    
Cash and cash equivalents $ 1,594 $ 1,080
Accounts receivable, less allowance for doubtful accounts 69,962 69,565
Inventories 58,563 54,132
Prepaid expenses and other current assets 10,061 8,264
Total Current Assets 140,180 133,041
Investment in non-public company, fair value 61,300 61,100
Property and equipment, net 204,687 200,027
Operating leases 29,779  
Goodwill 77,246 76,742
Trademarks/tradenames, net 29,928 29,928
Customer relationships, net 14,294 15,319
Other assets 2,583 2,934
Total Assets 559,997 519,091
Current Liabilities:    
Accounts payable 47,145 53,973
Accrued compensation 8,700 10,687
Other accrued liabilities 10,702 10,001
Current portion of lease liabilities 3,980 75
Deferred revenue 611 499
Line of credit 61,500 52,000
Current portion of long-term debt, net 11,723 9,791
Other current liabilities, discontinued operations 0 65
Total Current Liabilities 144,361 137,091
Long-term debt, net 107,470 87,193
Long-term lease liabilities 30,795  
Long-term lease liabilities   3,532
Deferred taxes, net 17,047 19,393
Other non-current liabilities 1,248 1,738
Total Liabilities 300,921 248,947
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 29,163 and 29,102 shares issued and outstanding at November 24, 2019 and May 26, 2019, respectively 29 29
Additional paid-in capital 161,556 160,341
Retained earnings 97,912 109,710
Accumulated other comprehensive (loss) income (421) 64
Total Stockholders’ Equity 259,076 270,144
Total Liabilities and Stockholders’ Equity $ 559,997 $ 519,091