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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Aug. 26, 2017
Nov. 30, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 10,397 $ 10,012
Short-term investments 2,025 2,014
Receivables, net of allowance for doubtful accounts of $0 at August 26, 2017 and November 30, 2016 1,987 2,177
Inventories:    
Raw materials and supplies 3,785 4,179
Work-in process 2,829 3,438
Total inventories 6,614 7,617
Prepaid income tax 434 521
Prepaid expenses and other assets 260 152
Total current assets 21,717 22,493
PROPERTY, PLANT AND EQUIPMENT, at cost:    
Land 80 80
Buildings 498 498
Facility improvements 1,109 1,109
Furniture and fixtures 939 669
Construction in process equipment 441 401
Machinery and equipment 8,663 8,565
Total property, plant, and equipment 11,729 11,322
Less accumulated depreciation (9,353) (9,136)
Net property, plant, and equipment 2,376 2,186
Deferred income taxes 267 273
Total assets 24,360 24,952
CURRENT LIABILITIES:    
Accounts payable 458 612
Accrued compensation 510 454
Deferred revenue 423 1,282
Property taxes 61 94
Other accrued liabilities 76 98
Total current liabilities 1,528 2,540
SHAREHOLDERS’ EQUITY    
Common stock, $.10 par value, authorized 10,000,000 shares, 3,078,315 issued and 2,578,315 outstanding at August 26, 2017 and November 30, 2016 308 308
Additional paid-in capital 885 885
Treasury stock, 500,000 shares, at cost (1,250) (1,250)
Retained earnings 22,889 22,469
Total shareholders’ equity 22,832 22,412
Total liabilities and shareholders’ equity $ 24,360 $ 24,952