Mays j w inc (MAYS)
Balance Sheet / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11
ASSETS
Buildings and improvements

-

-

-

-

-

-

82,728

-

-

-

80,825

-

-

-

77,693

-

-

-

76,289

-

-

74,547

-

-

-

70,513

-

-

-

68,160

-

-

-

65,575

Improvements to leased property

-

-

-

-

-

-

1,478

-

-

-

1,478

-

-

-

1,478

-

-

-

1,478

-

-

1,478

-

-

-

1,478

-

-

-

1,478

-

-

-

3,445

Fixtures and equipment

-

-

-

-

-

-

144

-

-

-

144

-

-

-

144

-

-

-

144

-

-

144

-

-

-

194

-

-

-

167

-

-

-

533

Land

-

-

-

-

-

-

6,067

-

-

-

6,067

-

-

-

6,067

-

-

-

6,067

-

-

6,067

-

-

-

6,067

-

-

-

6,067

-

-

-

6,067

Other

-

-

-

-

-

-

205

-

-

-

193

-

-

-

195

-

-

-

235

-

-

238

-

-

-

238

-

-

-

219

-

-

-

209

Construction in progress

-

-

-

-

-

-

1,786

-

-

-

644

-

-

-

1,697

-

-

-

639

-

-

0

-

-

-

487

-

-

-

72

-

-

-

1,554

Property, Plant and Equipment, Gross

-

-

-

-

-

-

92,411

-

-

-

89,353

-

-

-

87,276

-

-

-

84,854

-

-

82,476

-

-

-

78,981

-

-

-

76,166

-

-

-

77,387

Less accumulated depreciation

-

-

-

-

-

-

41,618

-

-

-

39,868

-

-

-

38,212

-

-

-

36,663

-

-

35,017

-

-

-

33,346

-

-

-

31,906

-

-

-

32,696

Property and Equipment - Net (Notes 5 and 6)

45,522

43,997

53,129

52,443

51,553

51,148

50,792

50,004

49,874

50,078

49,485

49,447

49,316

49,168

49,064

49,222

48,634

48,605

48,191

47,542

47,446

47,458

46,622

46,342

46,650

45,634

44,677

43,668

44,086

44,259

44,585

44,823

44,741

44,690

Current Assets:
Cash and cash equivalents (Notes 4 and 10)

3,146

4,993

4,117

5,330

4,469

6,147

5,255

6,478

5,160

5,707

5,381

5,369

5,022

6,016

5,228

4,819

4,534

4,507

4,085

3,561

2,829

1,892

1,420

1,652

1,886

664

2,231

2,500

2,348

1,340

904

1,363

2,004

2,656

Receivables (Note 4)

363

-

402

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable securities (Notes 1, 2 and 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

50

125

125

126

226

200

250

531

619

Receivables (Note 4)

-

405

-

146

378

200

252

63

231

182

164

139

253

581

293

211

720

537

638

227

381

311

597

410

313

309

211

470

353

276

695

357

277

264

Receivable to temporarily vacate lease (Note 15)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,250

1,250

1,250

-

-

-

0

-

-

-

-

-

-

-

-

Income taxes refundable

-

10

9

7

5

21

8

47

55

31

6

22

13

13

17

532

597

869

695

380

264

196

311

146

0

325

281

-

-

0

69

103

-

315

Real estate taxes refundable

-

-

-

-

45

-

-

-

-

-

-

-

-

-

-

-

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

145

130

181

82

82

100

100

100

97

15

15

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,474

3,437

3,457

-

1,205

1,435

1,564

773

849

571

676

637

647

589

599

634

486

456

331

Security deposit

-

-

-

-

-

-

-

-

-

-

-

14

13

-

-

70

88

115

83

6

6

0

16

80

16

257

224

408

218

217

180

180

110

128

Prepaid expenses

2,063

1,181

2,159

966

1,822

1,114

1,951

953

1,741

1,006

1,675

865

1,553

926

1,553

874

1,465

899

1,477

831

1,405

1,383

781

1,196

823

1,321

610

1,155

627

1,220

566

1,069

595

1,197

Total current assets

5,719

6,721

6,870

6,533

6,803

7,585

7,568

7,642

7,286

6,942

7,243

6,411

6,857

7,537

7,092

9,983

10,859

10,386

6,980

7,463

7,572

6,597

3,900

4,335

3,611

3,604

4,321

5,307

4,262

3,879

3,251

3,811

3,976

5,513

Other Assets:
Deferred charges

3,776

3,729

3,729

3,750

3,781

3,532

3,228

3,485

3,465

3,465

3,465

3,715

3,436

3,348

3,348

-

-

-

3,745

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated amortization

1,293

1,221

1,153

1,593

1,532

1,450

1,369

1,606

1,532

1,458

1,384

1,605

1,534

1,468

1,404

-

-

-

1,548

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,922

3,901

3,859

-

4,260

4,249

3,835

4,095

4,069

3,845

3,806

4,231

3,865

3,594

3,594

3,605

3,543

3,468

3,468

Less: accumulated amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,816

1,730

1,646

-

2,395

2,308

2,126

2,183

2,090

2,004

1,920

2,203

2,107

1,975

1,888

1,825

1,738

1,647

1,565

Net

2,482

2,507

2,575

2,157

2,248

2,081

1,858

1,878

1,932

2,006

2,080

2,109

1,901

1,879

1,943

2,106

2,171

2,212

2,196

1,865

1,941

1,708

1,912

1,979

1,841

1,886

2,027

1,757

1,619

1,706

1,780

1,805

1,821

1,903

Operating lease right-of-use assets (Notes 1, 5, 7 and 10)

28,220

26,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

762

779

964

1,551

1,551

1,531

1,523

1,513

1,457

1,283

1,279

-

-

-

1,159

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables (Notes 1, 6 and 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

30

30

30

60

80

111

142

90

90

90

90

120

120

120

120

150

Security deposits

-

-

-

-

-

-

-

-

-

-

-

1,279

1,149

1,161

-

1,376

1,244

1,300

1,328

1,404

1,394

1,440

1,439

1,322

996

896

915

714

993

989

1,036

1,070

1,130

1,145

Unbilled receivables (Notes 4 and 8)

1,625

1,625

1,668

1,759

1,746

1,683

1,677

1,739

1,805

1,871

1,943

2,062

2,043

2,127

2,222

2,325

2,421

2,518

2,613

2,583

2,574

2,556

2,510

2,307

2,217

2,172

2,170

2,106

2,280

2,214

2,061

1,879

1,704

1,606

Marketable securities (Notes 3 and 4)

3,770

3,603

3,580

3,427

3,122

3,123

3,141

2,722

3,131

2,935

2,815

2,721

2,127

2,002

2,062

1,433

1,168

1,440

1,461

1,477

1,438

1,354

1,334

1,270

1,269

2,409

2,420

2,575

2,490

2,215

2,300

1,954

1,393

1,332

Total other assets

36,862

35,043

8,789

8,895

8,668

8,420

8,201

7,855

8,327

8,096

8,120

8,173

7,221

7,171

7,388

7,241

7,005

7,472

7,630

7,359

7,378

7,119

7,276

6,991

6,466

7,454

7,623

7,244

7,475

7,245

7,298

6,829

6,170

6,137

TOTAL ASSETS

88,103

85,761

68,789

67,872

67,025

67,155

66,562

65,502

65,489

65,117

64,848

64,031

63,395

63,877

63,545

66,447

66,499

66,464

62,802

62,365

62,397

61,176

57,799

57,669

56,729

56,693

56,622

56,220

55,824

55,384

55,135

55,463

54,888

56,341

LIABILITIES AND SHAREHOLDERS' EQUITY
Long-Term Liabilities:
Mortgage payable (Note 6)

4,215

4,471

-

-

5,189

5,227

5,264

5,301

5,338

5,374

5,409

5,445

5,481

5,538

5,549

5,669

5,709

5,748

5,706

5,825

5,860

5,181

5,225

5,333

5,377

5,421

5,465

5,509

5,563

5,591

5,632

5,673

5,712

5,750

Note payable - related party (Notes 10 and 13)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

0

0

1,000

1,000

1,000

1,000

1,000

1,000

Security deposits payable

667

681

690

1,269

1,269

1,251

1,242

1,232

1,223

1,061

1,020

1,018

888

902

897

738

606

662

693

769

749

736

745

629

679

579

598

527

747

743

767

736

823

836

Payroll and other accrued liabilities

149

350

448

-

-

-

-

-

-

-

-

30

60

60

90

-

-

-

121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities (Notes 1, 7 and 10)

18,317

16,317

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payroll and other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

121

121

121

-

-

22

0

0

60

0

59

94

0

0

28

28

69

57

85

Deferred revenue (Note 15)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145

437

729

1,020

1,312

1,604

2,187

-

-

-

0

-

-

-

-

-

-

-

-

Payroll and other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

69

57

-

Total long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,675

6,875

8,261

-

8,906

9,237

9,104

6,971

7,022

7,056

7,060

6,158

6,037

7,311

7,363

7,428

7,479

7,593

7,672

Deferred income taxes (Note 1)

5,123

5,170

5,096

4,888

4,618

4,509

4,506

3,610

3,566

5,877

5,637

5,349

5,021

4,825

4,617

7,821

7,586

7,540

3,855

4,632

4,467

4,220

4,185

4,056

3,650

3,684

3,517

3,242

3,284

3,282

3,134

2,413

2,131

2,091

Total long-term liabilities

28,472

26,991

6,235

6,157

11,077

10,987

11,012

10,144

10,128

12,313

12,067

11,843

11,451

11,326

11,155

-

-

-

12,397

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current Liabilities:
Accounts payable

106

48

30

36

46

58

74

18

69

52

79

96

109

84

80

96

100

69

39

78

93

144

134

171

84

57

54

80

70

85

41

72

139

142

Payroll and other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,008

2,561

2,389

-

2,076

2,359

2,174

2,280

2,439

1,820

2,033

2,155

2,004

1,321

1,483

1,906

1,962

1,815

1,511

Deferred revenue (Note 13)

-

-

-

-

-

-

-

-

-

-

-

145

437

729

1,020

1,166

1,166

1,166

1,166

1,166

1,166

1,166

-

-

-

0

-

-

-

-

-

-

-

-

Income taxes payable

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

140

-

0

35

238

79

-

-

-

0

Payroll and other accrued liabilities

2,464

1,776

2,426

2,336

2,335

2,818

2,104

1,855

1,985

2,102

2,515

2,350

2,439

2,207

2,153

-

-

-

2,597

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70

-

Other taxes payable

4

5

8

6

3

5

8

6

14

5

8

5

13

4

6

4

12

3

5

3

10

6

11

11

2

5

10

8

6

4

8

5

6

3

Operating lease liabilities (Notes 1, 7 and 10)

1,221

1,243

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of note payable - related party (Note 7)

-

-

-

-

-

-

-

-

-

-

-

0

-

1,000

1,000

1,000

1,000

-

0

-

-

-

-

-

-

-

1,000

1,000

-

-

-

-

-

-

Current portion of mortgage payable (Note 6)

989

777

5,287

5,287

171

170

168

167

165

164

162

161

159

135

156

155

153

152

127

149

139

240

240

176

173

170

167

164

149

158

155

1,201

1,216

3,346

Current portion of security deposits payable

156

181

192

83

83

101

101

101

98

15

15

14

13

-

0

70

88

115

83

6

17

10

16

80

16

257

224

408

218

217

180

193

123

141

Total current liabilities

4,951

4,033

7,945

7,750

2,640

3,153

2,456

2,148

2,334

2,339

2,781

2,773

3,174

4,161

4,418

4,501

5,082

3,896

4,020

3,481

3,787

3,742

2,682

2,879

2,237

2,524

3,612

3,702

2,004

2,028

2,294

3,434

3,371

5,145

TOTAL LIABILITIES

33,424

31,025

14,181

13,908

13,717

14,141

13,469

12,292

12,462

14,652

14,848

14,617

14,625

15,488

15,574

18,997

19,543

19,697

16,417

17,019

17,491

17,067

13,838

13,957

12,944

13,269

13,287

12,982

12,599

12,674

12,856

13,327

13,095

14,908

Shareholders' Equity:
Common stock, par value $1 each share (shares - 5,000,000 authorized; 2,178,297 issued)

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

2,178

Additional paid in capital

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

3,346

Unrealized gain on available-for-sale securities - net of deferred taxes of $313,000 at July 31, 2018 (Notes 1, 4, 10 and 13)

-

-

-

-

-

0

487

410

545

437

368

316

277

220

264

185

142

176

196

176

158

129

122

92

108

183

194

171

146

133

146

143

113

126

Retained earnings

50,442

50,499

50,371

49,727

49,071

48,777

48,369

48,562

48,244

45,790

45,395

44,861

44,255

43,931

43,469

43,027

42,576

42,353

41,951

40,932

40,510

39,743

39,601

39,382

39,439

39,003

38,903

38,830

38,841

38,340

37,895

37,755

37,442

37,069

Stockholders' Equity before Treasury Stock

55,967

56,024

55,895

55,251

54,595

54,301

54,381

54,498

54,314

51,752

51,288

50,702

50,057

49,676

49,258

48,737

48,243

48,054

47,672

46,633

46,194

45,397

45,248

44,999

45,073

44,712

44,622

44,526

44,512

43,998

43,566

43,423

43,080

42,720

Common stock held in treasury, at cost - 162,517 shares at January 31, 2020 and at July 31, 2019 (Notes 2 and 11)

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

1,287

Total shareholders' equity

54,679

54,736

54,608

53,963

53,307

53,014

53,093

53,210

53,027

50,464

50,000

49,414

48,769

48,388

47,970

47,449

46,955

46,766

46,384

45,345

44,906

44,109

43,960

43,712

43,785

43,424

43,334

43,238

43,224

42,710

42,278

42,135

41,792

41,433

Contingencies (Note 12)

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

88,103

85,761

68,789

67,872

67,025

67,155

66,562

65,502

65,489

65,117

64,848

64,031

63,395

63,877

63,545

66,447

66,499

66,464

62,802

62,365

62,397

61,176

57,799

57,669

56,729

56,693

56,622

56,220

55,824

55,384

55,135

55,463

54,888

56,341