v3.24.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 25, 2024
May 27, 2023
Current assets:    
Cash and cash equivalents $ 108,892 $ 116,784
Trade accounts receivable, net of allowances of $2,755 and $3,283 as of May 25, 2024 and May 27, 2023, respectively 108,515 137,356
Prepaid expenses and other current assets 6,888 5,187
Assets held for sale 8,909 0
Income taxes receivable 7,551 4,739
Total current assets 240,755 264,066
Goodwill 216,579 206,722
Intangible assets, net 9,573 11,521
Property and equipment, net 3,763 15,380
Operating right-of-use assets 11,899 15,856
Deferred tax assets 11,312 10,701
Other non-current assets 17,033 7,753
Total assets 510,914 531,999
Current liabilities:    
Accounts payable and other accrued expenses 15,223 14,464
Accrued salaries and related obligations 41,999 64,776
Operating lease liabilities, current 4,735 7,460
Other liabilities 10,476 10,384
Total current liabilities 72,433 97,084
Long-term debt 0 0
Operating lease liabilities, non-current 8,586 10,274
Deferred tax liabilities 8,680 7,136
Other non-current liabilities 2,452 2,985
Total liabilities 92,151 117,479
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 5,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, $0.01 par value, 70,000 shares authorized; 36,194 and 35,545 shares issued, and 33,556 and 33,475 shares outstanding as of May 25, 2024 and May 27, 2023, respectively 363 355
Additional paid-in capital 389,720 378,657
Accumulated other comprehensive loss (17,713) (17,290)
Retained earnings 88,595 87,648
Treasury stock at cost, 2,638 and 2,070 shares as of May 25, 2024 and May 27, 2023, respectively (42,202) (34,850)
Total stockholders’ equity 418,763 414,520
Total liabilities and stockholders’ equity $ 510,914 $ 531,999