Note 16 - Changes to Stockholders' Equity

6 Months Ended

May 29, 2021

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

16. Changes to Stockholders’ Equity

The following changes in our stockholders’ equity occurred during the three and six months ended May 29, 2021 and May 30, 2020:

	Quarter Ended						Six Months Ended
	May 29, 2021			May 30, 2020			May 29, 2021			May 30, 2020
Common Stock:
Beginning of period	$	49,567		$	50,173		$	49,714		$	50,581
Issuance of common stock		89			89			120			118
Forfeited shares		-			-			-			(35	)
Purchase and retirement of common stock		(394	)		(285	)		(572	)		(687	)
End of period	$	49,262		$	49,977		$	49,262		$	49,977
Common Shares Issued and Outstanding:
Beginning of period		9,913,496			10,034,591			9,942,787			10,116,291
Issuance of common stock		17,815			17,765			24,036			23,508
Forfeited shares		-			-			-			(7,000	)
Purchase and retirement of common stock		(78,952	)		(57,000	)		(114,464	)		(137,443	)
End of period		9,852,359			9,995,356			9,852,359			9,995,356
Additional Paid-in Capital:
Beginning of period	$	-		$	-		$	-		$	195
Issuance of common stock		42			(7	)		94			39
Forfeited shares		-			-			-			35
Purchase and retirement of common stock		(90	)		(102	)		(156	)		(463	)
Stock based compensation		48			109			62			194
End of period	$	-		$	-		$	-		$	-
Retained Earnings:
Beginning of period	$	109,493		$	125,078		$	109,710		$	129,130
Cumulative effect of a change in accounting principal		-			-			-			(3,785	)
Net income (loss) for the period		5,974			(20,352	)		9,985			(19,142	)
Purchase and retirement of common stock		(1,907	)		(87	)		(2,415	)		(304	)
Cash dividends declared		(1,235	)		(1,248	)		(4,955	)		(2,508	)
End of period	$	112,325		$	103,391		$	112,325		$	103,391
Accumulated Other Comprehensive Loss:
Beginning of period	$	(1,359	)	$	(1,211	)	$	(1,394	)	$	(1,236	)
Amortization of pension costs, net of tax		34			24			69			49
End of period	$	(1,325	)	$	(1,187	)	$	(1,325	)	$	(1,187	)