RICHARDSON ELECTRONICS LTD
For the period ended Dec 2, 2023. Filed Jan 11, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 2, 2023 · Filed Jan 11, 2024
RELL$19.27-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Balance Sheets
Consolidated Balance Sheets
| Unaudited | Audited | |
|---|---|---|
| December 2, 2023 | May 27, 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $22,769 | $24,981 |
| Accounts receivable, less allowance of $201 and $191, respectively | 23,909 | 30,067 |
| Inventories, net | 116,951 | 110,402 |
| Prepaid expenses and other assets | 2,926 | 2,633 |
| Total current assets | 166,555 | 168,083 |
| Non-current assets: | ||
| Property, plant and equipment, net | 21,363 | 20,823 |
| Intangible assets, net | 1,767 | 1,892 |
| Right of use lease asset | 2,145 | 2,457 |
| Deferred income taxes | 4,476 | 4,526 |
| Other non-current assets | 182 | 267 |
| Total non-current assets | 29,933 | 29,965 |
| Total assets | $196,488 | $198,048 |
| Liabilities | ||
| Current liabilities: | ||
| Accounts payable | $22,505 | $23,535 |
| Accrued liabilities | 12,432 | 12,026 |
| Lease liability current | 1,033 | 1,028 |
| Total current liabilities | 35,970 | 36,589 |
| Non-current liabilities: | ||
| Non-current deferred income tax liabilities | 99 | 98 |
| Lease liability non-current | 1,112 | 1,429 |
| Other non-current liabilities | 666 | 612 |
| Total non-current liabilities | 1,877 | 2,139 |
| Total liabilities | 37,847 | 38,728 |
| Stockholders’ Equity | ||
| Common stock, $0.05 par value; 12,227 shares issued and outstanding on December 2, 2023 and 12,140 shares issued and outstanding on May 27, 2023 | 611 | 607 |
| Class B common stock, convertible, $0.05 par value; 2,052 shares issued and outstanding on December 2, 2023 and 2,052 shares issued and outstanding on May 27, 2023 | 103 | 103 |
| Preferred stock, $1.00 par value, no shares issued | — | — |
| Additional paid-in-capital | 71,936 | 70,951 |
| Retained earnings | 84,786 | 87,044 |
| Accumulated other comprehensive income | 1,205 | 615 |
| Total stockholders' equity | 158,641 | 159,320 |
| Total liabilities and stockholders’ equity | $196,488 | $198,048 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.