Note 15 - Changes to Stockholders' Equity

6 Months Ended

May 30, 2020

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

15. Changes to Stockholders’ Equity

The following changes in our stockholders’ equity occurred during the three and six months ended May 30, 2020 and June 1, 2019:

	Quarter Ended						Six Months Ended
	May 30, 2020			June 1, 2019			May 30, 2020			June 1, 2019
Common Stock:
Beginning of period	$	50,173		$	52,598		$	50,581		$	52,638
Issuance of common stock		89			64			118			281
Forfeited shares		-			-			(35	)
Purchase and retirement of common stock		(285	)		(400	)		(687	)		(657	)
End of period	$	49,977		$	52,262		$	49,977		$	52,262
Common Shares Issued and Outstanding:
Beginning of period		10,034,591			10,519,640			10,116,291			10,527,636
Issuance of common stock		17,765			12,729			23,508			56,201
Forfeited shares		-			-			(7,000	)		-
Purchase and retirement of common stock		(57,000	)		(80,024	)		(137,443	)		(131,492	)
End of period		9,995,356			10,452,345			9,995,356			10,452,345
Additional Paid-in Capital:
Beginning of period	$	-		$	-		$	195		$	-
Issuance of common stock		(7	)		21			39			(97	)
Forfeited shares		-			-			35			-
Purchase and retirement of common stock		(102	)		(242	)		(463	)		(379	)
Stock based compensation		109			221			194			476
End of period	$	-		$	-		$	-		$	-
Retained Earnings:
Beginning of period	$	125,078		$	138,687		$	129,130		$	140,009
Cumulative effect of a change in accounting principal		-			-			(3,785	)		(21	)
Net income (loss) for the period		(20,352	)		445			(19,142	)		1,053
Purchase and retirement of common stock		(87	)		(693	)		(304	)		(1,311	)
Cash dividends declared		(1,248	)		(1,312	)		(2,508	)		(2,603	)
End of period	$	103,391		$	137,127		$	103,391		$	137,127
Accumulated Other Comprehensive Loss:
Beginning of period	$	(1,211	)	$	(2,280	)	$	(1,236	)	$	(2,338	)
Amortization of pension costs, net of tax		24			57			49			115
End of period	$	(1,187	)	$	(2,223	)	$	(1,187	)	$	(2,223	)