XML 97 R83.htm IDEA: XBRL DOCUMENT v3.21.2
Business Segment Reporting - Operations by Business Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
May 30, 2021
Feb. 28, 2021
Nov. 29, 2020
Aug. 30, 2020
May 31, 2020
Feb. 23, 2020
Nov. 24, 2019
Aug. 25, 2019
May 30, 2021
May 31, 2020
May 26, 2019
Segment Reporting Information [Line Items]                      
Product sales $ 139,832 $ 137,782 $ 130,904 $ 135,643 $ 156,131 $ 152,928 $ 142,593 $ 138,714 $ 544,161 $ 590,366 $ 557,559
Gross profit 24,801 19,689 20,637 16,347 24,091 20,047 15,514 15,336 81,474 74,988 81,003
Net income (loss) from continuing operations (2,866) $ (5,498) $ (13,301) $ (11,000) (15,149) $ (11,518) $ (6,740) $ (4,784) (32,665) (38,191) 2,122
Identifiable assets 502,924       541,313       502,924 541,313 519,091
Depreciation and amortization                 18,008 18,344 15,230
Capital expenditures                 23,769 26,686 44,734
Dividend income                 1,125 1,125 1,650
Interest income                 48 103 145
Interest expense, net                 (15,344) (9,603) (5,230)
Income tax (benefit) expense                 (7,801) (13,116) 1,518
Corporate overhead allocation                 0 0 0
Curation Foods                      
Segment Reporting Information [Line Items]                      
Product sales                 446,074 504,533 481,686
Gross profit                 43,209 42,105 49,305
Net income (loss) from continuing operations                 (28,241) (39,088) (6,229)
Identifiable assets 197,660       249,217       197,660 249,217 367,352
Depreciation and amortization                 12,410 13,240 10,360
Capital expenditures                 7,547 15,944 30,583
Dividend income                 1,125 1,125 1,650
Interest income                 0 37 112
Interest expense, net                 (5,502) (5,504) (3,278)
Income tax (benefit) expense                 (8,918) (13,028) (1,373)
Corporate overhead allocation                 5,734 5,908 5,837
Lifecore                      
Segment Reporting Information [Line Items]                      
Product sales                 98,087 85,833 75,873
Gross profit                 38,265 32,883 31,698
Net income (loss) from continuing operations                 14,461 11,749 12,070
Identifiable assets 185,417       165,461       185,417 165,461 145,558
Depreciation and amortization                 5,502 5,008 4,140
Capital expenditures                 16,222 10,612 12,965
Dividend income                 0 0 0
Interest income                 0 0 0
Interest expense, net                 0 0 0
Income tax (benefit) expense                 4,568 3,346 4,024
Corporate overhead allocation                 4,773 4,190 3,901
Other                      
Segment Reporting Information [Line Items]                      
Product sales                 0 0 0
Gross profit                 0 0 0
Net income (loss) from continuing operations                 (18,885) (10,852) (3,719)
Identifiable assets $ 119,847       $ 126,635       119,847 126,635 6,181
Depreciation and amortization                 96 96 730
Capital expenditures                 0 130 1,186
Dividend income                 0 0 0
Interest income                 48 66 33
Interest expense, net                 (9,842) (4,099) (1,952)
Income tax (benefit) expense                 (3,451) (3,434) (1,133)
Corporate overhead allocation                 $ (10,507) $ (10,098) $ (9,738)