Discontinued Operations (Tables)

12 Months Ended

May 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The carrying amounts of the major classes of assets and liabilities of Now Planting and Food Export business segment included in assets and liabilities of discontinued operations are as follows (in thousands):

	Year Ended
	May 31, 2020		May 26, 2019
Current and other assets, discontinued operations:
Cash and cash equivalents	$	—	$	—
Accounts receivable	—		—
Inventory	—		—
Other assets	—		—
Total assets, discontinued operations	$	—	$	—
Other current liabilities, discontinued operations:
Accounts payable	$	—	$	51
Accrued expenses and other current liabilities	—		14
Total other current liabilities, discontinued operations	$	—	$	65

Components of amounts reflected in (loss) income from discontinued operations, net of tax are as follows (in thousands):

	Year Ended
	May 31, 2020		May 26, 2019		May 27, 2018
Revenues	$	—	$	548	$	29,222
Cost of sales	—		(1,649)		(27,619)
Research and development	—		(102)		—
Selling, general and administrative	—		(1,035)		(2,522)
Other	—		—		(269)
Loss from discontinued operations before taxes	—		(2,238)		(1,188)
Income tax benefit	—		527		350
Loss from discontinued operations, net of tax	$	—	$	(1,711)	$	(838)