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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Aug. 25, 2018
Nov. 30, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 9,839 $ 9,388
Short-term investments 2,052 2,031
Receivables, net of allowance for doubtful accounts of $0 at May 26, 2018 and November 30, 2017 2,705 3,462
Inventories:    
Raw materials and supplies 4,289 3,874
Work-in process 2,275 1,991
Total inventories 6,564 5,865
Prepaid income tax 487 227
Prepaid expenses and other assets 422 274
Total current assets 22,069 21,247
PROPERTY, PLANT AND EQUIPMENT, at cost:    
Land 1,518 1,518
Buildings 498 498
Facility improvements 1,109 1,109
Furniture and fixtures 945 938
Construction in process equipment 597 678
Machinery and equipment 8,815 8,492
Total property, plant, and equipment 13,482 13,233
Less accumulated depreciation (9,664) (9,429)
Net property, plant, and equipment 3,818 3,804
Deferred income taxes, net 116 203
Total assets 26,003 25,254
CURRENT LIABILITIES:    
Accounts payable 613 372
Accrued compensation 560 704
Deferred revenue 637 392
Property taxes 67 86
Commission payable 26 113
Other accrued liabilities 44 27
Total current liabilities 1,947 1,694
SHAREHOLDERS' EQUITY    
Common stock, $.10 par value, authorized 10,000,000 shares, 3,078,315 issued and 2,578,315 outstanding at May 26, 2018 and November 30, 2017 308 308
Additional paid-in capital 885 885
Treasury stock, 500,000 shares, at cost (1,250) (1,250)
Retained earnings 24,113 23,617
Total shareholders' equity 24,056 23,560
Total liabilities and shareholders' equity $ 26,003 $ 25,254