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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
May 27, 2012
May 29, 2011
May 30, 2010
Cash flows from operating activities:      
Consolidated net income $ 13,099 $ 4,261 $ 4,466
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 5,621 5,313 3,364
Stock-based compensation expense 1,872 1,951 1,016
Deferred taxes 3,283 3,257 3,248
Change in investment in non-public company (fair market value) (5,838) (662)  
Increase in long-term receivable   (800) (800)
Tax benefit from stock based compensation (4,057) (764) (517)
Net loss on disposal of property and equipment 12 26  
Impairment charges   4,780 1,000
Accounts receivable, net (3,246) (3,016) (1,506)
Accounts receivable, related party 130 276 (97)
Income taxes receivable 4,581 878 (764)
Inventories, net (441) (4,054) (1,269)
Issuance of notes and advances receivable (3,699) (3,073) (3,030)
Collection of notes and advances receivable 3,704 3,314 2,975
Prepaid expenses and other current assets 3,588 602 (1,172)
Accounts payable (544) 2,393 957
Related party accounts payable 476 (49) 50
Income taxes payable     1,162
Accrued compensation 2,701 1,038 (264)
Other accrued liabilities 3,434 532 703
Deferred revenue (2,495) (1,734) (2,039)
Net cash provided by operating activities 22,181 14,469 7,483
Cash flows from investing activities:      
Purchases of property and equipment (5,371) (6,684) (5,192)
Acquisition of Lifecore, net of cash acquired (Note 2)     (39,682)
Acquisition of GreenLine (Note 2) (66,826)    
Purchase of marketable securities (30,723) (59,833) (67,433)
Proceeds from maturities of marketable securities 31,104 24,843 59,970
Proceeds from sales of marketable securities 27,743 27,287 9,540
Investment in non-public company (fair market value)   (15,000)  
Net cash used in investing activities (44,073) (29,387) (42,797)
Cash flows from financing activities:      
Repurchase of outstanding common stock (5,006) (1,184)  
Proceeds from sale of common stock 61 126 379
Taxes paid by Company for stock swaps and RSUs (260) (218) (339)
Tax benefit from stock-based compensation expense 4,057 764 517
Net change in other assets/liabilities (1,813) 49  
Proceeds from long term debt 31,816   20,000
Proceeds from lines of credit 12,766    
Payments on long term debt (4,329) (3,940) (387)
Payments on lines of credit (1,100)    
Payments to non controlling interest (258) (361) (498)
Net cash provided by (used in) financing activities 35,934 (4,764) 19,672
Net increase (decrease) in cash and cash equivalents 14,042 (19,682) (15,642)
Cash and cash equivalents at beginning of year 8,135 27,817 43,459
Cash and cash equivalents at end of year 22,177 8,135 27,817
Supplemental disclosure of cash flows information:      
Cash paid during the period for interest 952 761 88
Cash paid during the period for income taxes 246 146 652
Supplemental schedule of noncash operating and financing activities:      
Long-term receivable from Monsanto   800 800
Accrued non controlling interest distribution     $ 250