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Consolidated Balance Sheets - USD ($)
May 27, 2023
May 28, 2022
Current assets:    
Cash and cash equivalents $ 24,981,000 $ 35,495,000
Accounts receivable, less allowance of $199 and $186, respectively 30,067,000 29,878,000
Inventories, net 110,402,000 80,390,000
Prepaid expenses and other assets 2,633,000 2,448,000
Investments - current 0 5,000,000
Total current assets 168,083,000 153,211,000
Non-current assets:    
Property, plant and equipment, net 20,823,000 16,961,000
Intangible assets, net 1,892,000 2,010,000
Lease ROU asset 2,457,000 3,239,000
Non-current deferred income taxes 4,526,000 4,398,000
Other non-current assets 267,000  
Total non-current assets 29,965,000 26,608,000
Total assets 198,048,000 179,819,000
Current liabilities:    
Accounts payable 23,535,000 23,987,000
Accrued liabilities 12,026,000 16,110,000
Lease liability current 1,028,000 1,109,000
Total current liabilities 36,589,000 41,206,000
Non-current liabilities:    
Non-current deferred income tax liabilities 98,000 85,000
Lease liability non-current 1,429,000 1,915,000
Other non-current liabilities 612,000 766,000
Total non-current liabilities 2,139,000 2,766,000
Total liabilities 38,728,000 43,972,000
Stockholders’ Equity    
Preferred stock, $1.00 par value, no shares issued and outstanding
Additional paid-in-capital 70,951,000 66,331,000
Retained earnings 87,044,000 68,031,000
Accumulated other comprehensive income 615,000 800,000
Total stockholders' equity 159,320,000 135,847,000
Total liabilities and stockholders’ equity 198,048,000 179,819,000
Common Stock    
Stockholders’ Equity    
Common stock value 607,000 582,000
Common Class B    
Stockholders’ Equity    
Common stock value $ 103,000 $ 103,000