Note 15 - Changes to Stockholders' Equity

6 Months Ended

May 28, 2022

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 28, 2022 and May 29, 2021:

	Quarter Ended						Six Months Ended
	May 28, 2022			May 29, 2021			May 28, 2022			May 29, 2021
Common Stock:
Beginning of period	$	48,640		$	49,567		$	48,811		$	49,714
Issuance of common stock		70			89			124			120
Purchase and retirement of common stock		(2,314	)		(394	)		(2,539	)		(572	)
End of period	$	46,396		$	49,262		$	46,396		$	49,262
Common Shares Issued and Outstanding:
Beginning of period		9,727,932			9,913,496			9,762,125			9,942,787
Issuance of common stock		14,180			17,815			24,976			24,036
Purchase and retirement of common stock		(462,844	)		(78,952	)		(507,833	)		(114,464	)
End of period		9,279,268			9,852,359			9,279,268			9,852,359
Additional Paid-in Capital:
Beginning of period	$	-		$	-		$	113		$	-
Issuance of common stock		13			42			52			94
Purchase and retirement of common stock		(155	)		(90	)		(422	)		(156	)
Stock based compensation		142			48			257			62
End of period	$	-		$	-		$	-		$	-
Retained Earnings:
Beginning of period	$	119,557		$	109,493		$	115,631		$	109,710
Net income for the period		47,118			5,974			52,691			9,985
Purchase and retirement of common stock		(5,408	)		(1,907	)		(5,681	)		(2,415	)
Cash dividends declared		(15,796	)		(1,235	)		(17,170	)		(4,955	)
End of period	$	145,471		$	112,325		$	145,471		$	112,325
Accumulated Other Comprehensive Loss:
Beginning of period	$	(1,774	)	$	(1,359	)	$	(1,823	)	$	(1,394	)
Amortization of pension costs, net of tax		48			34			97			69
End of period	$	(1,726	)	$	(1,325	)	$	(1,726	)	$	(1,325	)