Note 7 - Debt (Tables)

12 Months Ended

May 28, 2017

Notes Tables

Schedule of Long-term Debt Instruments [Table Text Block]

	May 28 , 2017			May 29, 2016
Term loan with JPMorgan Chase Bank (“ JPMorgan”), BMO Harris Bank N,A. (“BMO”), and City National Bank (“CNB”); due in quarterly principal and interest payments of $1,250 beginning December 1, 2016 through September 23, 2021 with the remainder due on maturity, with interest based on the Company’s leverage ratio at a per annum rate of the Eurodollar rate plus a spread of between 1.25% and 2.25%	$	47,500		$	—
Real property loan agreement with General Electric Capital Corporation (“GE Capital”); due in monthly principal and interest payments of $133,060 through May 1, 2022 with interest based on a fixed rate of 4.02% per annum		—			14,167
Capital equipment loan with GE Capital; due in monthly principal and interest payments of $175,356 through May 1, 2019 with interest based on a fixed rate of 4.39% per annum		—			5,904
Capital equipment loan with GE Capital; due in monthly principal and interest payments of $95,120 through July 17, 2019 with interest based on a fixed rate of 3.68% per annum		—			5,558
Capital equipment loan with GE Capital; due in monthly principal and interest payments of $55,828 through December 1, 2019 with interest based on a fixed rate of 3.74% per annum		—			3,375
Capital equipment loan with Bank of America (“ BofA”); due in monthly principal and interest payments of $68,274 through June 28, 2020 with interest based on a fixed rate of 2.79% per annum		—			3,158
Real property loan agreement with GE Capital ; due in monthly principal payments of $46,000 through March 1, 2026, plus interest payable monthly at LIBOR plus 2.25% per annum		—			7,622
Capital equipment loan with GE Capital; due in monthly principal payments of $122,000 through March 1, 2021, plus interest payable monthly at LIBOR plus 2.25% per annum		—			8,873
Capital equipment loan with BofA; due in monthly principal and interest payments of $75,000 through November 27, 2020 with interest based on a fixed rate of 2.92% per annum		—			3,940
Industrial revenue bonds (“ IRBs”) issued by Lifecore; due in annual payments through 2020 with interest at a variable rate set weekly by the bond remarketing agent		—			2,065
Total principal amount of long-term debt		47,500			54,662
Less: unamortized debt issuance costs		(261	)		(817	)
Total long-term debt, net of unamortized debt issuance costs		47,239			53,845
Less: current portion of long-term debt, net		(4,940	)		(7,873	)
Long-term debt, net	$	42,299		$	45,972

Schedule of Maturities of Long-term Debt [Table Text Block]

	Term Loan
Fiscal year 2018	$	5,000
Fiscal year 2019		5,000
Fiscal year 2020		5,000
Fiscal year 2021		5,000
Fiscal year 202 2		27,500
Thereafter		—
Total	$	47,500