Leases (Tables)

12 Months Ended

May 30, 2021

Leases [Abstract]

Components of Lease Cost and Supplemental Cash Flow Information

The components of lease cost were as follows:

	Year Ended			Year Ended
(In thousands, except term and discount rate)	May 30, 2021			May 31, 2020
Finance lease cost:
Amortization of leased assets	$	117		$	116
Interest on lease liabilities	348			358
Operating lease cost	5,788			6,343
Variable lease cost and other	792			1,951
Sublease income	(90)			—
Total lease cost	$	6,955		$	8,768
Weighted-average remaining lease term:
Operating leases	11.67			11.06
Finance leases	1.60			2.60
Weighted-average discount rate:
Operating leases	4.99		%	5.24		%
Finance leases	10.00%			10.00		%

Supplemental cash flow information related to leases are as follows:

	Year Ended		Year Ended
(in thousands)	May 30, 2021		May 21, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	6,322	$	7,853
Operating cash flows from finance leases	348		328
Financing cash flows from finance leases	110		118
Lease liabilities arising from obtaining right-of-use assets:
Operating leases	$	4,294	$	3,752

Maturity Analysis of Operating Lease Liability

The Company’s maturity analysis of operating and finance lease liabilities as of May 30, 2021 are as follows:

(in thousands)	Operating Leases		Finance Leases		Total
Fiscal year 2022	$	4,850	$	466	$	5,316
Fiscal year 2023	4,052		3,497		7,549
Fiscal year 2024	3,263		9		3,272
Fiscal year 2025	2,502		2		2,504
Fiscal year 2026	2,015		—		2,015
Thereafter	16,076		—		16,076
Total lease payments	32,758		3,974		36,732
Less: interest	(8,685)		(547)		(9,232)
Present value of lease liabilities	24,073		3,427		27,500
Less: current obligation of lease liabilities	(3,768)		(121)		(3,889)
Total long-term lease liabilities	$	20,305	$	3,306	$	23,611

Maturity Analysis of Finance Lease Liability

The Company’s maturity analysis of operating and finance lease liabilities as of May 30, 2021 are as follows:

(in thousands)	Operating Leases		Finance Leases		Total
Fiscal year 2022	$	4,850	$	466	$	5,316
Fiscal year 2023	4,052		3,497		7,549
Fiscal year 2024	3,263		9		3,272
Fiscal year 2025	2,502		2		2,504
Fiscal year 2026	2,015		—		2,015
Thereafter	16,076		—		16,076
Total lease payments	32,758		3,974		36,732
Less: interest	(8,685)		(547)		(9,232)
Present value of lease liabilities	24,073		3,427		27,500
Less: current obligation of lease liabilities	(3,768)		(121)		(3,889)
Total long-term lease liabilities	$	20,305	$	3,306	$	23,611