XML 36 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 03, 2011
Nov. 27, 2010
Dec. 03, 2011
Nov. 27, 2010
Operating activities:        
Net income $ 830 $ 7,459 $ 4,461 $ 15,835
Adjustments to reconcile net income to cash provided by (used in) operating activities:        
Depreciation and amortization 280 490 564 1,385
Loss on retirement of short-term debt       60
Loss on sale of investments 11   1  
Stock compensation expense 107 160 262 308
Current and non-current deferred income taxes (3,514) (85) 1,815 (31)
Accounts receivable 161 (9,536) (64) (11,212)
Income tax receivable 2,686   (5,584)  
Inventories (1,978) (3,473) (5,592) (10,016)
Prepaid expenses and other assets 5,631 (862) 8,426 (1,704)
Accounts payable (503) 7,361 (3,084) 6,651
Accrued liabilities (9,230) 1,762 (42,866) 2,021
Long-term income tax liabilities 4,396   (7,015)  
Other 1,744 (481) 1,678 (61)
Net cash provided by (used in) operating activities 621 2,795 (46,998) 3,236
Investing activities:        
Cash consideration paid for acquired business (2,297)   (2,297)  
Capital expenditures   (97) (74) (496)
Proceeds from sale of assets     16  
Purchase of time deposits/ CDs (4,029)   (82,780)  
Proceeds from sales of available-for-sale securities 58 73 121 83
Purchases of available-for-sale securities (58) (73) (121) (83)
Other 3 (40) 51 (33)
Net cash used in investing activities (6,323) (137) (85,084) (529)
Financing activities:        
Proceeds from borrowings   47,300   109,600
Payments on debt   (51,300)   (91,600)
Payments on retirement of short-term debt       (19,517)
Repurchase of common stock (4,197) (162) (11,888) (162)
Proceeds from issuance of common stock 275 1,607 362 1,771
Cash dividends paid (832) (351) (1,678) (699)
Other (4)   3  
Net cash used in financing activities (4,758) (2,906) (13,201) (607)
Effect of exchange rate changes on cash and cash equivalents (1,594) 1,299 (510) 1,895
Increase (decrease) in cash and cash equivalents (12,054) 1,051 (145,793) 3,995
Cash and cash equivalents at beginning of period 37,236 31,982 170,975 29,038
Cash and cash equivalents at end of period $ 25,182 $ 33,033 $ 25,182 $ 33,033