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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2016
Jun. 02, 2015
Current assets:    
Cash and cash equivalents $ 67,341 $ 75,331
Accounts and other receivables 12,827 5,287
Inventories:    
Merchandise 13,799 12,861
China, silver and supplies 7,796 7,550
Income tax receivable 3,003
Prepaid rent and other expenses 11,508 12,398
Assets held for sale 4,642 5,453
Total current assets 120,916 118,880
Property and equipment, net 671,250 752,174
Other assets 45,751 54,398
Total assets 837,917 925,452
Current liabilities:    
Accounts payable 22,141 23,005
Accrued liabilities:    
Taxes, other than income and payroll 10,769 11,067
Payroll and related costs 14,561 20,351
Insurance 5,109 7,633
Deferred revenue – gift cards 16,354 16,636
Rent and other 18,838 20,535
Less current maturities 9,934 10,078
Income tax payable 1,069
Deferred income taxes, net 7
Total current liabilities 97,706 110,381
Long-term debt and capital leases, less current maturities 213,803 231,017
Deferred income taxes, net 1,442
Deferred escalating minimum rent 51,535 50,768
Other deferred liabilities 67,093 66,261
Total liabilities 430,137 459,869
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Common stock, $0.01 par value; (authorized: 100,000 shares; issued: 2016 – 60,137 shares, 2015 – 62,098 shares) 601 621
Capital in excess of par value 75,938 83,870
Retained earnings 341,350 392,032
Deferred compensation liability payable in Company stock 521 681
Company stock held by Deferred Compensation Plan (521) (681)
Accumulated other comprehensive loss (10,109) (10,940)
Total shareholders' equity 407,780 465,583
Total liabilities and shareholders' equity $ 837,917 $ 925,452