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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 02, 2023
Aug. 27, 2022
Operating activities:    
Net income $ 1,227 $ 6,324
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization 998 883
Inventory provisions 85 71
Share-based compensation expense 483 311
Deferred income taxes (5) 1
Change in assets and liabilities:    
Accounts receivable 4,462 (3,496)
Inventories (3,151) (10,468)
Prepaid expenses and other assets 409 (1,199)
Accounts payable (2,365) 1,495
Accrued liabilities (1,124) 2,209
Other (4) 638
Net cash provided by (used in) operating activities 1,015 (3,231)
Investing activities:    
Capital expenditures (1,141) (1,442)
Net cash used in investing activities (1,141) (1,442)
Financing activities:    
Proceeds from issuance of common stock 327 1,385
Cash dividends paid on Common and Class B Common shares (843) (819)
Other (119) (69)
Net cash (used in) provided by financing activities (635) 497
Effect of exchange rate changes on cash and cash equivalents (96) (686)
Decrease in cash and cash equivalents (857) (4,862)
Cash and cash equivalents at beginning of period 24,981 35,495
Cash and cash equivalents at end of period $ 24,124 $ 30,633