XML 21 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 30, 2023
May 01, 2022
current assets:    
cash and cash equivalents $ 20,964,000 $ 14,550,000
short-term investments - rabbi trust 1,404,000  
accounts receivable, net 24,778,000 22,226,000
inventories 45,080,000 66,557,000
short-term note receivable 219,000  
current income taxes receivable   857,000
other current assets 3,071,000 2,986,000
total current assets 95,516,000 107,176,000
Property, plant and equipment, net 36,111,000 41,702,000
right of use assets 8,191,000 15,577,000
long-term investments - rabbi trust 7,067,000 9,357,000
intangible assets 2,252,000 2,628,000
long-term note receivable 1,726,000  
deferred income taxes 480,000 528,000
other assets 840,000 595,000
total assets 152,183,000 177,563,000
current liabilities:    
accounts payable - trade 29,442,000 20,099,000
accounts payable - capital expenditures 56,000 473,000
operating lease liability - current 2,640,000 3,219,000
deferred compensation 1,404,000  
deferred revenue 1,192,000 520,000
accrued expenses 8,533,000 7,832,000
income taxes payable - current 753,000 413,000
total current liabilities 44,020,000 32,556,000
operating lease liability - long-term 3,612,000 7,062,000
income taxes payable - long-term 2,675,000 3,097,000
deferred income taxes 5,954,000 6,004,000
deferred compensation 6,842,000 9,343,000
total liabilities 63,103,000 58,062,000
commitments and contingencies (notes 10 and 12)
shareholders' equity:    
preferred stock, $.05 par value, authorized 10,000,000 shares
common stock, $.05 par value, authorized 40,000,000 shares, issued and outstanding 12,327,414 at April 30, 2023 and 12,228,629 at May 1, 2022 616,000 611,000
capital contributed in excess of par value 44,250,000 43,143,000
accumulated earnings 44,195,000 75,715,000
accumulated other comprehensive income 19,000 32,000
total equity 89,080,000 119,501,000
total liabilities and equity $ 152,183,000 $ 177,563,000