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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 29, 2021
May 30, 2020
Current assets:    
Cash and cash equivalents $ 43,316 $ 30,535
Accounts receivable, less allowance of $202 and $334, respectively 25,096 20,197
Inventories, net 63,508 57,492
Prepaid expenses and other assets 2,385 2,442
Investments - current 0 16,000
Total current assets 134,305 126,666
Non-current assets:    
Property, plant and equipment, net 17,067 17,674
Intangible assets, net 2,270 2,505
Lease ROU asset 2,570 3,419
Non-current deferred income taxes 541 456
Total non-current assets 22,448 24,054
Total assets 156,753 150,720
Current liabilities:    
Accounts payable 16,979 17,372
Accrued liabilities 14,182 10,324
Lease liability current 1,066 1,485
Total current liabilities 32,227 29,181
Non-current liabilities:    
Non-current deferred income tax liabilities 242 161
Lease liability non-current 1,358 1,941
Other non-current liabilities 1,366 777
Total non-current liabilities 2,966 2,879
Total liabilities 35,193 32,060
Stockholders’ Equity    
Preferred stock, $1.00 par value, no shares issued
Additional paid-in-capital 62,707 61,749
Retained earnings 53,297 54,764
Accumulated other comprehensive income 4,893 1,490
Total stockholders’ equity 121,560 118,660
Total liabilities and stockholders’ equity 156,753 150,720
Common Stock    
Stockholders’ Equity    
Common stock, $0.05 par value; issued and outstanding 11,160 shares at May 29, 2021 and 11,038 shares at May 30, 2020 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares at May 29, 2021 and 2,097 shares at May 30, 2020 558 552
Common Class B    
Stockholders’ Equity    
Common stock, $0.05 par value; issued and outstanding 11,160 shares at May 29, 2021 and 11,038 shares at May 30, 2020 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares at May 29, 2021 and 2,097 shares at May 30, 2020 $ 105 $ 105