XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Aug. 29, 2020
Nov. 30, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 14,342 $ 13,890
Short-term investments 2,089
Receivables, net of allowance for doubtful accounts of $0 at August 29, 2020 and November 30, 2019 3,461 3,382
Contract assets 606 519
Inventories:    
Raw materials and supplies 6,358 4,427
Work-in process 2,624 2,616
Total inventories 8,982 7,403
Prepaid tax assets 223
Prepaid expenses and other assets 389 572
Total current assets 28,003 27,495
PROPERTY, PLANT AND EQUIPMENT, at cost:    
Land 1,518 1,518
Buildings 498 498
Facility improvements 1,109 1,109
Furniture and fixtures 1,016 977
Construction in process equipment 862 645
Machinery and equipment 9,059 9,027
Total property, plant, and equipment 14,062 13,774
Less accumulated depreciation (10,326) (10,125)
Net property, plant, and equipment 3,736 3,649
Operating lease right to use asset 129
Total assets 31,868 31,144
CURRENT LIABILITIES:    
Accounts payable 984 851
Accrued compensation 870 1,287
Deferred revenue 186 390
Property taxes 85 104
Income tax 232 213
Current portion of operating lease liabilities 12
Other accrued liabilities 62 26
Total current liabilities 2,431 2,871
Operating lease liabilities 117
Deferred income taxes, net 15 20
Total liabilities 2,563 2,891
SHAREHOLDERS’ EQUITY    
Common stock, $.10 par value, authorized 10,000,000 shares, 3,078,315 issued and 2,578,315 outstanding at August 29, 2020 and November 30, 2019 308 308
Additional paid-in-capital 885 885
Treasury stock, 500,000 shares, at cost (1,250) (1,250)
Retained earnings 29,362 28,310
Total shareholders’ equity 29,305 28,253
Total liabilities and shareholders’ equity $ 31,868 $ 31,144