Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.
| Richardson Electronics, Ltd. | |||||
| Consolidated Balance Sheets | |||||
| (in thousands, except per share amounts) | |||||
| Unaudited | Audited | ||||
|
November 26,
2016 |
May 28,
2016 | ||||
| Assets | |||||
| Current assets: | |||||
| Cash and cash equivalents | $ | 54,111 | $ | 60,454 | |
| Accounts receivable, less allowance of $379 and $364 | 20,480 | 24,928 | |||
| Inventories, net | 43,078 | 45,422 | |||
| Prepaid expenses and other assets | 2,727 | 1,758 | |||
| Deferred income taxes | — | 1,078 | |||
| Income tax receivable | 22 | 17 | |||
| Investments - current | 6,307 | 2,268 | |||
| Total current assets | 126,725 | 135,925 | |||
| Non-current assets: | |||||
| Property, plant and equipment, net | 15,085 | 12,986 | |||
| Goodwill | 6,332 | 6,332 | |||
| Intangible assets, net | 3,618 | 3,818 | |||
| Non-current deferred income taxes | 1,301 | 1,270 | |||
| Investments - non-current | 2,343 | 7,799 | |||
| Total non-current assets | 28,679 | 32,205 | |||
| Total assets | $ | 155,404 | $ | 168,130 | |
| Liabilities and Stockholders’ Equity | |||||
| Current liabilities: | |||||
| Accounts payable | 11,507 | 14,896 | |||
| Accrued liabilities | 9,838 | 9,135 | |||
| Total current liabilities | 21,345 | 24,031 | |||
| Non-current liabilities: | |||||
| Non-current deferred income tax liabilities | 158 | 1,457 | |||
| Other non-current liabilities | 1,065 | 967 | |||
| Total non-current liabilities | 1,223 | 2,424 | |||
| Total liabilities | 22,568 | 26,455 | |||
| Stockholders’ equity | |||||
| Common stock, $0.05 par value; issued and outstanding 10,703 shares at November 26,
2016, and at May 28, 2016 | 535 | 535 | |||
| Class B common stock, convertible, $0.05 par value; issued and outstanding 2,141
shares at November 26, 2016, and at May 28, 2016 | 107 | 107 | |||
| Preferred stock, $1.00 par value, no shares issued | — | — | |||
| Additional paid-in-capital | 59,248 | 58,969 | |||
| Common stock in treasury, at cost, no shares at November 26, 2016, and at May 28, 2016 | — | — | |||
| Retained earnings | 72,405 | 79,292 | |||
| Accumulated other comprehensive income | 541 | 2,772 | |||
| Total stockholders’ equity | 132,836 | 141,675 | |||
| Total liabilities and stockholders’ equity | $ | 155,404 | $ | 168,130 | |
