RICHARDSON ELECTRONICS LTD
For the period ended Aug 31, 2024. Filed Oct 10, 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.
Aug 31, 2024 · Filed Oct 10, 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 | |
|---|---|---|
| August 31, 2024 | June 1, 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $23,035 | $24,263 |
| Accounts receivable, less allowance for credit losses of $351 and $323, respectively | 30,862 | 24,845 |
| Inventories, net | 110,994 | 110,149 |
| Prepaid expenses and other assets | 2,488 | 2,397 |
| Total current assets | 167,379 | 161,654 |
| Non-current assets: | ||
| Property, plant and equipment, net | 20,612 | 20,681 |
| Intangible assets, net | 1,582 | 1,641 |
| Right of use lease assets | 2,538 | 2,760 |
| Deferred income tax assets | 5,555 | 5,500 |
| Other non-current assets | 197 | 209 |
| Total non-current assets | 30,484 | 30,791 |
| Total assets | $197,863 | $192,445 |
| Liabilities | ||
| Current liabilities: | ||
| Accounts payable | $19,758 | $15,458 |
| Accrued liabilities | 15,403 | 15,404 |
| Lease liabilities current | 1,107 | 1,169 |
| Total current liabilities | 36,268 | 32,031 |
| Non-current liabilities: | ||
| Deferred income tax liabilities | 79 | 90 |
| Lease liabilities non-current | 1,431 | 1,591 |
| Other non-current liabilities | 1,021 | 781 |
| Total non-current liabilities | 2,531 | 2,462 |
| Total liabilities | 38,799 | 34,493 |
| Stockholders’ Equity | ||
| Common stock, $0.05 par value; 12,331 and 12,254 shares issued and outstanding on August 31, 2024 and June 1, 2024, respectively | 617 | 613 |
| Class B common stock, convertible, $0.05 par value; 2,049 shares issued and outstanding on August 31, 2024 and June 1, 2024 | 102 | 102 |
| Preferred stock, $1.00 par value, no shares issued | — | — |
| Additional paid-in-capital | 73,315 | 72,744 |
| Retained earnings | 83,630 | 83,729 |
| Accumulated other comprehensive income | 1,400 | 764 |
| Total stockholders' equity | 159,064 | 157,952 |
| Total liabilities and stockholders’ equity | $197,863 | $192,445 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.