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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Nov. 28, 2021
Nov. 29, 2020
Cash flows from operating activities:    
Net loss $ (47,918) $ (24,301)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Impairment of goodwill 32,057 0
Depreciation, amortization of intangibles, debt costs and right-of-use assets 10,959 9,826
Deferred taxes (4,963) (7,070)
Stock-based compensation expense 1,306 1,787
Provision for expected credit losses 196 102
Net loss (gain) on disposal of property and equipment held and used 22 (34)
(Gain) loss on disposal of property and equipment related to restructuring, net (92) 6,005
Change in investment in non-public company, fair value 0 11,800
Other, net (111) 21
Changes in current assets and current liabilities:    
Accounts receivable, net 4,541 9,559
Inventories (9,770) (4,891)
Prepaid expenses and other current assets (1,784) 1,539
Accounts payable 15,148 10,539
Accrued compensation (5,090) (1,345)
Other accrued liabilities 1,163 4,627
Deferred revenue 30 292
Net cash (used in) provided by operating activities (4,306) 18,456
Cash flows from investing activities:    
Sale of Investment in non-public company 45,100 0
Purchases of property and equipment (13,010) (7,407)
Proceeds from sales of property and equipment 1,082 12,885
Net cash provided by investing activities 33,172 5,478
Cash flows from financing activities:    
Payments on long-term debt (41,426) (20,062)
Proceeds from lines of credit 26,000 24,000
Payments on lines of credit (13,000) (24,400)
Payments for debt issuance costs (132) (1,237)
Taxes paid by Company for employee stock plans (512) (297)
Net cash used in financing activities (29,070) (21,996)
Net decrease in cash, cash equivalents and restricted cash (204) 1,938
Cash, cash equivalents and restricted cash, beginning of period 1,295 553
Cash, cash equivalents and restricted cash, end of period 1,091 2,491
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property and equipment on trade vendor credit $ 1,105 $ 1,526