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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Aug. 29, 2020
May 30, 2020
Current assets:    
Cash and cash equivalents $ 33,495 $ 30,535
Accounts receivable, less allowance of $254 and $334, respectively 21,591 20,197
Inventories, net 60,160 57,492
Prepaid expenses and other assets 2,390 2,442
Investments - current 9,000 16,000
Total current assets 126,636 126,666
Non-current assets:    
Property, plant and equipment, net 17,611 17,674
Intangible assets, net 2,450 2,505
Lease ROU asset 3,151 3,419
Non-current deferred income taxes 468 456
Total non-current assets 23,680 24,054
Total assets 150,316 150,720
Current liabilities:    
Accounts payable 14,809 17,372
Accrued liabilities 12,302 10,324
Lease liability current 1,423 1,485
Total current liabilities 28,534 29,181
Non-current liabilities:    
Non-current deferred income tax liabilities 170 161
Lease liability non-current 1,701 1,941
Other non-current liabilities 841 777
Total non-current liabilities 2,712 2,879
Total liabilities 31,246 32,060
Stockholders’ equity    
Preferred stock, $1.00 par value, no shares issued
Additional paid-in-capital 61,946 61,749
Retained earnings 52,837 54,764
Accumulated other comprehensive income 3,626 1,490
Total stockholders’ equity 119,070 118,660
Total liabilities and stockholders’ equity 150,316 150,720
Common Stock    
Stockholders’ equity    
Common stock, $0.05 par value; issued and outstanding 11,111 shares at August 29, 2020 and 11,038 shares at May 30, 2020 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares at August 29, 2020 and May 30, 2020 556 552
Common Class B    
Stockholders’ equity    
Common stock, $0.05 par value; issued and outstanding 11,111 shares at August 29, 2020 and 11,038 shares at May 30, 2020 Class B common stock, convertible, $0.05 par value; issued and outstanding 2,097 shares at August 29, 2020 and May 30, 2020 $ 105 $ 105