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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 23, 2020
May 26, 2019
Current Assets:    
Cash and cash equivalents $ 2,607 $ 1,080
Accounts receivable, less allowance for doubtful accounts 69,763 69,565
Inventories 67,059 54,132
Prepaid expenses and other current assets 9,382 8,264
Total Current Assets 148,811 133,041
Investment in non-public company, fair value 61,300 61,100
Property and equipment, net 191,782 200,027
Operating leases 25,187  
Goodwill 77,246 76,742
Trademarks/tradenames, net 29,928 29,928
Customer relationships, net 13,782 15,319
Other assets 2,024 2,934
Total Assets 550,060 519,091
Current Liabilities:    
Accounts payable 63,660 53,973
Accrued compensation 8,458 10,687
Other accrued liabilities 11,111 10,001
Current portion of lease liabilities 3,900 75
Deferred revenue 618 499
Line of credit 58,500 52,000
Current portion of long-term debt, net 11,723 9,791
Other current liabilities, discontinued operations 0 65
Total Current Liabilities 157,970 137,091
Long-term debt, net 104,539 87,193
Long-term lease liabilities 26,757  
Long-term lease liabilities   3,532
Deferred taxes, net 11,662 19,393
Other non-current liabilities 1,464 1,738
Total Liabilities 302,392 248,947
Stockholders’ Equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 29,182 and 29,102 shares issued and outstanding at February 23, 2020 and May 26, 2019, respectively 29 29
Additional paid-in capital 162,077 160,341
Retained earnings 86,394 109,710
Accumulated other comprehensive (loss) income (832) 64
Total Stockholders’ Equity 247,668 270,144
Total Liabilities and Stockholders’ Equity $ 550,060 $ 519,091