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Organization, Basis of Presentation, and Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Feb. 27, 2022
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows:

(In thousands)February 27, 2022May 30, 2021February 28, 2021May 31, 2020
Cash and cash equivalents$1,854 $1,159 $2,248 $360 
Cash and cash equivalents, discontinued operations— 136 — — 
Restricted cash— — — 193 
Cash, cash equivalents and restricted cash$1,854 $1,295 $2,248 $553 
Schedule of Inventories
Inventories are stated at the lower of cost (first-in, first-out method) or net realizable value and consist of the following:
(In thousands)February 27, 2022May 30, 2021
Finished goods$42,387 $40,204 
Raw materials26,644 16,644 
Work in progress4,669 6,228 
Total$73,700 $63,076 
Schedule of Financing Receivable, Allowance for Credit Loss
The changes in the Company’s allowance for sales returns and credit losses are summarized in the following table (in thousands):
 Balance at
beginning of
period		Provision (benefit) for expected credit lossesWrite offs,
net of
recoveries		Balance at
end of period
Nine months ended February 27, 2022$85 $(14)$(6)$65 
Nine months ended February 28, 2021$186 $284 $(385)$85 
Schedule of Accumulated Other Comprehensive Loss The Company’s OCI consists of net deferred gains and losses on its interest rate swap derivative instruments. The components of AOCL, net of tax, are as follows:
(In thousands)AOCL
Balance as of May 30, 2021$(1,358)
Amounts reclassified from OCI646 
Other comprehensive income, net$646 
Balance as of February 27, 2022$(712)
Schedule of Effect of Significant Unobservable Inputs for Investment
In determining the fair value of the investment in Windset, the Company utilized the following significant unobservable inputs in the discounted cash flow models:
February 27, 2022 Range
(Weighted Average)		May 30, 2021 Range
(Weighted Average)
Revenue growth ratesN/A
7% (6.9%)
Expense growth ratesN/A
0% to 8% (5.5%)
Discount ratesN/A
10%
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the fair value of the Company’s assets and liabilities that are measured at fair value on a recurring and nonrecurring basis:
(In thousands)Fair Value at February 27, 2022Fair Value at May 30, 2021
Assets:Level 1Level 2Level 3Level 1Level 2Level 3
Current assets, discontinued operations
Assets held for sale - nonrecurring$— $— $— $— $— $515 
Other assets, discontinued operations
Investment in non-public company— — — — — 45,100 
Total assets$— $— $— $— $— $45,615 
Liabilities:
Interest rate swap contracts$— $348 $— $— $1,736 $— 
Total liabilities$— $348 $— $— $1,736 $— 
Schedule of Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The following table reflects the fair value roll forward reconciliation of Level 3 assets and liabilities measured at fair value for the nine months ended February 27, 2022:

(In thousands)Windset Investment
Balance as of May 30, 2021$45,100 
Sale of Investment in non-public company(45,100)
Balance as of February 27, 2022$— 
Schedule of Disaggregation of Revenue
The Company disaggregates its revenue by segment based on how it markets its products and services and reviews results of operations. The following tables disaggregate segment revenue by major product lines and services:

(In thousands)Three Months EndedNine Months Ended
Lifecore:February 27, 2022February 28, 2021February 27, 2022February 28, 2021
Contact development and manufacturing organization$24,799 $18,628 $63,951 $53,374 
Fermentation10,009 8,597 17,756 18,874 
Total$34,808 $27,225 $81,707 $72,248 
(In thousands)Three Months EndedNine Months Ended
Curation Foods:February 27, 2022February 28, 2021February 27, 2022February 28, 2021
Avocado products$15,676 $15,378 $48,018 $47,107 
Olive oil and wine vinegars2,168 1,647 7,016 5,642 
Technology422 440 1,417 1,632 
Total$18,266 $17,465 $56,451 $54,381