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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at May. 25, 2014 26,815            
Balance at May. 25, 2014 $ 27 $ 131,488 $ 71,554   $ 203,069 $ 1,692  
Issuance of common stock by Landec on behalf of employees (in shares) 103            
Issuance of common stock by Landec on behalf of employees   122     122    
Issuance of common stock for vested restricted stock units (“RSUs”) (in shares) 72            
Taxes paid by Company for stock swaps and RSUs   (343)     (343)    
Stock-based compensation   1,577     1,577    
Tax benefit from stock-based compensation expense 463 463  
Payments to non-controlling interest (“NCI”)           (196)  
Net and comprehensive income 13,544 13,544 181 $ 13,544
Balance (in shares) at May. 31, 2015 26,990            
Balance at May. 31, 2015 $ 27 133,307 85,098 218,432 1,677  
Net income [1]             13,725
Other comprehensive income, net of tax            
Issuance of common stock by Landec on behalf of employees (in shares) 125            
Issuance of common stock by Landec on behalf of employees 322 322  
Issuance of common stock for vested restricted stock units (“RSUs”) (in shares) 33            
Stock-based compensation 3,465 3,465  
Tax benefit from stock-based compensation expense 150 150  
Payments to non-controlling interest (“NCI”) (248)  
Net and comprehensive income (11,641) (11,641) 193 (11,641)
Balance (in shares) at May. 29, 2016 27,148            
Balance at May. 29, 2016 $ 27 137,244 73,457 210,728 1,622 212,350 [2]
Net income [1]             (11,448)
Other comprehensive income, net of tax            
Issuance of common stock by Landec on behalf of employees (in shares) 244            
Issuance of common stock by Landec on behalf of employees 706 706  
Issuance of common stock for vested restricted stock units (“RSUs”) (in shares) 107            
Taxes paid by Company for stock swaps and RSUs (434) (434)  
Stock-based compensation 3,964 3,964  
Payments to non-controlling interest (“NCI”) (166)  
Net and comprehensive income             11,022
Balance (in shares) at May. 28, 2017 27,499            
Balance at May. 28, 2017 $ 27 141,680 84,470 432 226,609 1,543 228,152
Net income 10,590 10,590 87 10,677
Other comprehensive income, net of tax 432 432 $ 432
Cumulative Effect of New Accounting Principle in Period of Adoption [3]   $ 200 $ 423 $ 623  
[1] See Note 1 - Organization, Basis of Presentation, and Summary of Significant Accounting Policies for a discussion of accounting principles adopted during the period.
[2] Derived from audited financial statements. See Note 1 - Organization, Basis of Presentation, and Summary of Significant Accounting Policies for discussion of accounting guidance adopted during the period.
[3] See Note 1 - Organization, Basis of Presentation, and Summary of Significant Accounting Policies for a discussion of accounting guidance adopted during the period.